4088 Eldridge Avenue

Property Overview

This 1972-built bungalow on a large 9,063 sqft lot in Eric Coy offers a classic and practical living format. Its key appeal lies in the combination of generous space and a low-maintenance, single-level layout. With 1,653 sqft of living space, it ranks in the top 21% for size across Winnipeg, and the finished basement adds significant functional area. The property’s standout characteristic is its substantial, private lot, which is notably larger than most in the city (ranking in the top 8% by land area). This home is ideally suited for buyers seeking a grounded, spacious property without the upkeep of multiple stories—perfect for empty-nesters, small families prioritizing yard space, or anyone who values single-level living and room to garden or entertain outdoors. A less obvious perspective is its potential as a long-term hold in a stable neighborhood, where the land itself represents a substantial portion of the asset's value and future potential.

Frequently Asked Questions

1. How does the age of the home affect its condition and costs?
Built in 1972, major components like the roof, windows, and mechanical systems may be at or beyond their typical lifespan. A thorough inspection is crucial to budget for potential updates, though the home's ranking as newer than 51% of Winnipeg houses suggests it's in a middle-ground for the market.

2. What are the benefits and considerations of a split garage?
A split garage offers flexibility, potentially allowing for separate workshop space or easier organization. However, it typically means two narrower garage doors, which can make parking larger vehicles or using the space for more than just cars a bit more challenging compared to a double-wide garage.

3. The lot is large, but what is the actual upkeep like?
While the 9,063 sqft lot offers excellent privacy and space, it requires more time and resources to maintain than a standard city lot. Consider the cost and effort for lawn care, landscaping, and snow removal on the larger driveway.

4. The home ranks highly for size but lower within its own community for value. What does this indicate?
The assessment ranks in the top 26% city-wide but only the top 45% within Eric Coy. This suggests the home is a strong property overall, but the immediate neighborhood may contain many well-valued homes. It highlights the importance of comparing similar properties on the same street.

5. Is the finished basement included in the listed living area?
Typically, the 1,653 sqft figure refers to above-grade living space. The finished basement provides additional square footage, but it's important to clarify the total usable area, ceiling height, and the quality/condition of the basement finish.