Property Overview

This 1978 two-storey home on a generous 6,041 sqft lot in Eric Coy offers well-proportioned, move-in-ready space. Its key appeal lies in its balance: it provides nearly 1,900 sqft of finished living area, including a developed basement, on one of the larger lots in the area. The rankings indicate its strengths are its above-average lot size and living space compared to most of Winnipeg, while its assessed value sits in a competitive middle range for the neighborhood. It’s a classic, grounded family home without premium modern upgrades, reflected in its price point.

This property would suit practical buyers looking for established community character and room to grow or garden. It’s ideal for those who value interior space and a sizable yard over a newer build, and who see potential in a solid, well-located home that may benefit from personalized updates over time. A less obvious angle is its appeal to multi-generational families or those needing a home office/studio, thanks to the finished basement providing flexible space separate from the main living areas.

Frequently Asked Questions

1. What is the neighborhood of Eric Coy like?
Eric Coy is a mature, established community in Winnipeg. The rankings show this specific street is among the older and larger-lot properties within the area, suggesting a quiet, settled streetscape with a mix of long-term residents.

2. How does the 48-year-old age of the home affect it?
While major systems like roof, windows, or furnace may be due for inspection or updates, the home’s age is typical for the area. The rankings indicate it is newer than about 73% of homes in Eric Coy, so it’s not among the oldest stock. Buyers should budget for maintenance consistent with a home of this vintage.

3. The lot is large, but how is the house's size configured?
With 1,870 sqft above grade plus a finished basement, the home offers ample room. The two-storey design typically places bedrooms upstairs and living areas downstairs. The large lot provides excellent outdoor space, but a thoughtful perspective is to consider how the interior layout flows for daily life, as older floor plans can differ from open-concept modern designs.

4. What do the various ranking percentages mean for value?
They show how this property compares to others. Key takeaways: its living space is larger than 87% of Winnipeg homes, a significant advantage. Its lot size is also a top-tier feature locally. However, its assessed value ranks higher (more expensive) than 80% of the city, indicating it’s in a desirable valuation bracket for its offerings.

5. Is this a good investment for future resale?
The property’s prime assets—lot size and living space—are permanent advantages that consistently attract buyers. Being in the top 30% of Winnipeg for lot size is a strong, long-term value driver. The investment potential would hinge on maintaining the property and the natural appreciation of well-located, spacious homes in established neighborhoods.