4100 Coy Avenue

Property Overview: 4100 Coy Avenue

Key Characteristics & Appeal

This is a well-established, single-story home on an exceptionally large, mature lot in Winnipeg. Built in 1970, the property offers over 1,300 square feet of living space, a finished basement, and a detached garage. Its standout feature is the land: at nearly 11,000 square feet, the lot size ranks in the top 5% of all properties in Winnipeg, offering rare space and privacy for the area.

The appeal lies in its balance of solid fundamentals and significant potential. The home itself is a comfortable, move-in-ready bungalow, while the vast yard presents opportunities for gardening, expansion, or future development (subject to zoning). Its value is underscored by an assessed value that places it well above the city average. This property would suit buyers looking for a peaceful, spacious setting without leaving the city—ideal for families desiring room to play, hobbyists or gardeners craving outdoor space, or long-term buyers who value land as a primary asset. It’s a home that offers immediate livability with the lot serving as a long-term investment in itself.

Frequently Asked Questions

1. What does the "finished basement" include?
The listing notes a finished basement but does not specify the rooms or finish level. A viewing or direct inquiry with the listing agent is needed to determine if it includes legal bedrooms, a separate entrance, or the quality of the renovations.

2. How does the large lot impact maintenance and costs?
While offering great space, a lot of this size requires more time and expense for landscaping, lawn care, and snow clearing compared to a standard property. It's a benefit that comes with ongoing responsibility.

3. The home is over 50 years old. What should I check?
Given its age, special attention during inspection should be paid to the roof, windows, plumbing, electrical systems, and the foundation. The recent performance of major mechanical systems (furnace, water heater) would be a key question.

4. Are there any known development plans or zoning restrictions for the area?
The large lot may spark questions about subdividing or building a secondary suite. Any future plans would be subject to municipal zoning bylaws and would require separate approval; verifying current zoning with the city is an essential step.

5. Why is the community ranking for value lower than the city-wide ranking?
The assessment ranks higher city-wide (top 28%) than within its own community (top 51%). This suggests the home is a strong value for Winnipeg overall, but may be priced comparably to or slightly above many immediate neighborhood offerings, possibly due to its premium lot size.