Property Overview

This single-family home in Winnipeg's Eric Coy neighbourhood is defined by its exceptionally large, private lot of over 29,000 sqft—a rare find within the city. Built in 1997, the one-storey house offers 1,293 sqft of living space with an unfinished basement and a combined attached/detached garage setup. Its appeal lies less in the size of the home itself and more in the expansive, blank-canvas potential of the land. The property ranks in the top tier for lot size and relative newness compared to most of Winnipeg, suggesting a premium setting with room to grow, add outbuildings, or simply enjoy significant privacy and green space.

It would suit a buyer looking for a solid, move-in-ready bungalow who prioritizes land over square footage—perfect for gardeners, hobbyists, families wanting space for play, or those planning future additions. The strong assessment value ranking indicates the property is seen as a substantial asset. A thoughtful perspective is that this home offers a balance of modern-enough construction without the premium of a brand-new build, while the land provides a hedge against inflation and a tangible asset that newer subdivisions rarely match.

Frequently Asked Questions

1. What does the ranking data actually mean?
The rankings show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, being in the top 1% for lot size city-wide confirms the land is a truly exceptional feature, while its building age is newer than 78% of Winnipeg homes.

2. Is the unfinished basement a drawback or an opportunity?
It's primarily an opportunity. It provides ample storage and allows a future owner to customize the space to their exact needs—a second living area, workshop, or additional bedrooms—without paying a premium for a finished layout they might want to change.

3. Who would benefit most from the garage configuration?
The combination of attached and detached garages is ideal for a household with multiple vehicles, someone needing a dedicated workshop space separate from daily parking, or for storing recreational equipment like boats or ATVs while keeping cars protected.

4. The house size is modest relative to the lot. Is expanding the home feasible?
Given the vast lot size and the home's one-storey design, there is significant potential for lateral additions or even building a separate structure, subject to local zoning bylaws. The property is well-suited for someone viewing this as a long-term family home to grow into.

5. How does the assessment value relate to the asking price?
The municipal assessment of $518,000 is a benchmark for property taxes and indicates the city's valuation of the asset. It typically serves as a data point in pricing negotiations, but the final sale price is determined by the current market, condition, and the unique value of such a large lot.