55 Deerpark Drive

Property Summary: 55 Deerpark Drive

Key Characteristics & Appeal

This 1987-built, two-storey home sits on a large, approximately 8,918 sqft lot in Winnipeg's Eric Coy neighbourhood. With 2,278 sqft of finished living space, including a developed basement, it offers substantial room for a family. Its standout appeal lies in a compelling combination of above-average space and a very competitive lot size, ranking in the top 9% of all Winnipeg properties for land area. The home presents a grounded opportunity: it's not the newest on the block, but its construction year is notably newer than most in its immediate area (ranking in the top 7% of its street). This suggests a well-established setting with a home that has aged better than many of its neighbours.

The property would suit buyers looking for a spacious family home in a mature neighbourhood without a premium price for a recent build. It's ideal for those who value a large outdoor space and more square footage over a brand-new renovation, seeing the potential in a solid, late-80s structure. A thoughtful perspective is that this home offers a "relative modernity" within its specific locale—you're getting one of the newer houses on a street of older homes, which can be an advantage for systems and layout.

Frequently Asked Questions

1. How does the age of the home (1987) affect its value and potential needs?
While 39 years old, the home ranks as newer than 93% of houses on its street and 86% in Eric Coy. This suggests major components like the roof, windows, or furnace may have been updated more recently than in comparable older homes, but a thorough inspection is still essential to understand the current condition of these systems.

2. The lot is large, but how is the property ranked within Winnipeg?
The land size is a key strength, placing in the top 9% of all residential properties in Winnipeg. This means you are getting significantly more outdoor space than the vast majority of homes in the city.

3. What do the ranking percentages for living area and assessed value indicate?
The living area is spacious, ranking in the top 5% in Winnipeg. The assessed value ranks in the top 7%, indicating the city's assessment aligns with the home's above-average size and lot. This consistency suggests the listed metrics are core to the property's valuation.

4. Is the basement included in the 2,278 sqft living area?
Typically, "living area" refers to above-grade, finished space. The listing separately notes a developed basement, meaning additional finished square footage exists but is not counted in the main living area figure, adding functional space.

5. The community ranking for "land area" is lower than for Winnipeg. What does this mean?
While the lot ranks in the top 9% city-wide, it ranks lower (top 68%) within Eric Coy. This indicates the neighbourhood itself features many larger lots, so while this property's lot is huge by city standards, it is more average within its own desirable, established community.