587 Coventry Road

Property Summary: 587 Coventry Road, Winnipeg

Key Characteristics & Appeal

This is a well-established, single-storey home on an exceptionally large, mature lot in the Eric Coy neighborhood. Its primary appeal lies in the rare combination of a fully finished basement and a nearly 20,000 sqft property, offering significant space and privacy that is hard to find in the city. The home itself is a functional layout with 1,299 sqft of living space, suitable for comfortable family living or downsizing without sacrificing room.

The property’s standout strength is its land. Ranking in the top 1% of Winnipeg for lot size, it presents a canvas for gardening, recreation, or future expansion. While the house, built in 1958, ranks as newer than only about a third of Winnipeg homes, this can appeal to buyers interested in a solid, character home with renovation potential. Its overall assessed value ranks highly, suggesting strong underlying property value for the area.

This home would best suit buyers who prioritize outdoor space and long-term potential over a modern, turn-key interior. It’s ideal for families seeking a private backyard oasis, or for value-conscious purchasers comfortable with gradual updates to a sound structure. The large lot also makes it a compelling option for those considering future additions like a workshop, extensive garden, or even a secondary suite (subject to zoning).

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Eric Coy, and across all of Winnipeg. For example, being in the top 1% for lot size city-wide highlights its most exceptional feature, while the rankings for age indicate it’s an older home in its local context.

2. Is the finished basement included in the 1,299 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement is an additional bonus space not reflected in that 1,299 sqft figure.

3. What are the implications of such a large lot?
Beyond privacy and space, a lot of this size (nearly half an acre) may mean higher maintenance for lawns/gardens and potentially higher property tax assessments based on land value. It also offers unique flexibility for landscaping, play areas, or future outdoor structures.

4. The home is older—what should I be mindful of?
Built in 1958, prospective buyers should pay special attention to the condition of major systems like plumbing, electrical, the roof, and the foundation during an inspection. The age also presents an opportunity to customize renovations to personal taste over time.

5. How does the split garage configuration work?
A "分体车库" (Split Garage) typically refers to a detached garage structure with two separate bays, often side-by-side. This provides functional vehicle storage and workshop space while being separate from the main house.