534 Coventry Road

Property Overview

This is a classic, well-established single-family home on an exceptionally large, mature lot in the Eric Coy neighbourhood. Built in 1954, its key appeal lies in its substantial 19,792 sqft property—a rare find that places it in the top 1% of Winnipeg for lot size. The home itself is a 1,300 sqft bungalow with a finished basement and a detached garage. While the house is of average size for the area and is notably older than most in its immediate community, the immense land parcel is its defining and most competitive feature. It would particularly suit buyers who prioritize outdoor space, privacy, and long-term potential—whether for gardening, expansion, or redevelopment—over a modern or recently built home.

Key Details & Considerations

• Lot Size is the Prime Asset: The nearly half-acre lot is the standout feature, offering unparalleled space and possibilities compared to typical city lots.
• A Home with a Blank Canvas Feel: The bungalow provides functional living space with a finished basement, but the age and ranking suggest the structure itself may appeal to those comfortable with renovations or looking for a property where the land value is the primary driver.
• Ideal Buyer Profile: This property is a strong match for someone seeking a long-term family home with room to grow, a hobbyist or gardener wanting extensive outdoor space, or an investor/developer attracted by the subdividable potential of such a large lot in the city.

Frequently Asked Questions

1. What makes this property stand out?
The lot size is exceptionally rare, placing it in the 99th percentile for all of Winnipeg. This offers a level of privacy and space that is very difficult to find within the city.

2. Is the house in move-in condition?
The listing notes a finished basement, but the home was built in 1954. Buyers should be prepared for the updates and maintenance typical of a house of this age, and consider a thorough inspection.

3. Who would this property suit best?
It's ideal for buyers who value expansive outdoor space above all else—whether for children, pets, gardening, or future projects. It also holds clear appeal for those considering future subdivision or redevelopment, subject to city zoning.

4. How does it compare to others in the area?
The lot is significantly larger than most in Eric Coy and Winnipeg. However, the house itself is older than about 90% of homes in its immediate community, which is an important factor for resale and maintenance considerations.

5. What is the potential here beyond a single-family home?
The sheer size of the lot is its most compelling feature for future potential. While subject to municipal approval, it could be a candidate for subdivision, or for adding significant additions, a workshop, or extensive landscaping that wouldn't be possible on a standard lot.