Property Overview & Key Characteristics

This property is a spacious, well-established family home in Winnipeg's Eric Coy neighbourhood. Its primary appeal lies in the combination of substantial living space and a very large, private lot. With over 2,500 sqft of finished living area, the two-storey home ranks in the top tier for size within its community and across the city. The nearly 20,000 sqft lot is a standout feature, offering exceptional outdoor space and privacy that is increasingly rare.

The home, built in 1982, presents a solid, mature investment. Its rankings indicate it outperforms most comparable properties in its area for key metrics like lot size, living area, and assessed value. It suits buyers looking for a long-term family home with room to grow, garden, or potentially expand. The unfinished basement offers customization potential. This property is ideal for those who value space and land over new construction, and for buyers who see the inherent value in a home that consistently ranks highly against its peers in quantifiable categories.

Frequently Asked Questions

1. What does the "ranking" data actually mean?
The rankings compare this specific property against others on its street, in Eric Coy, and across all of Winnipeg for metrics like size and age. For example, ranking in the top 1% city-wide for lot size means it's larger than 99% of Winnipeg homes, highlighting its exceptional outdoor space.

2. The house was built in 1982. What should I consider?
While the home is well-established, its age means systems like the roof, windows, and furnace may be at or nearing their typical lifespans. A thorough inspection is crucial. On the positive side, the neighbourhood and landscaping are mature, and the home's enduring value is evidenced by its strong assessment rankings.

3. How does the unfinished basement affect value and utility?
It presents both a project and an opportunity. It adds to the total footprint but requires investment to finish. For a growing family or a buyer wanting to customize (e.g., add a suite, theatre, or workshop), this is a significant blank canvas. It’s a key factor for future value addition.

4. Who would this property not suit?
It may not suit those seeking a modern, turn-key home with no projects, or buyers who prefer low-maintenance, smaller yards. The scale of the lot and the age of the home imply a commitment to upkeep and potential updates.

5. The assessed value is $584,000. Is that the likely selling price?
Not necessarily. The assessment is for municipal tax purposes and can be a useful benchmark, but market conditions, the home's interior condition, and buyer demand ultimately determine the sale price. Its high ranking (top 8% in Winnipeg for assessed value) suggests it is considered a premium property within the city's valuation framework.