851 Coventry Road

Property Overview: 851 Coventry Road, Winnipeg

Section 1: Key Characteristics & Appeal

This property is defined by its exceptional and rare lot size of nearly 20,000 sqft in the Eric Coy neighbourhood, placing it in the top 1% of all Winnipeg properties for land area. The single-storey home, built in 1959, offers 1,544 sqft of living space with a finished basement. Its key appeal lies in the tremendous potential afforded by its expansive, private grounds—a blank canvas for gardening, recreation, or future expansion that is increasingly hard to find within the city. While the house itself is of a classic, functional design, the standout feature is undoubtedly the land itself.

This home would best suit a buyer who values space and privacy over a turn-key modern interior. It’s an ideal match for someone with a vision for outdoor living, whether that means creating extensive gardens, adding amenities like a workshop or sport court, or simply enjoying unparalleled private yard space. It also represents a solid value proposition for a buyer comfortable with gradual updates to the dwelling, as the premium here is paid for the irreplaceable lot. The strong assessment value ranking suggests a solid foundational investment in a well-regarded community.

Section 2: Frequently Asked Questions

1. What does the "relative ranking" data mean?
The rankings show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, its land size surpasses 99% of Winnipeg homes, indicating an exceptionally large lot. Conversely, its age is older than 64% of city homes, providing context on the building's vintage.

2. Is the nearly 20,000 sqft lot typical for the area?
No. While the Eric Coy area has generous lots, this property's size is a standout, surpassing 82% of lots on its own street and 99% city-wide. It offers a level of privacy and scale that is a unique find in this market.

3. What are the considerations with a 1959-built home?
Buyers should plan for a standard inspection focused on aging components like the roof, windows, plumbing, and electrical systems, which may be original or updated at various times. The charm and structure of mid-century homes are appealing, but maintenance and modernization budgets should be factored in.

4. The "finished basement" is noted—what should I ask about it?
It's important to clarify the finish quality, ceiling height, moisture control, and whether any permits were obtained for the work. Understanding its current use (e.g., recreation room, additional bedrooms) and compliance with local codes is essential.

5. How does the lot size impact costs and potential?
A lot of this size means higher property taxes relative to a standard lot, but also offers significant potential. It may allow for additions, subsidiary buildings (subject to zoning bylaws), or landscaping projects that wouldn't be possible elsewhere. It's an asset that carries ongoing costs but also long-term flexibility and value.