10 Blossom Bay

Property Overview

This 1978-built bungalow at 10 Blossom Bay offers a well-maintained, single-level living option in Winnipeg's Eric Coy neighbourhood. Its key appeal lies in its generous 6,326 sqft lot, providing ample outdoor space that surpasses 71% of homes on its street. The home features 1,487 sqft of living space, a finished basement, and an attached garage. While its assessed value is modest relative to the immediate street, it holds strong city-wide rankings for lot size and living area, suggesting solid underlying value. This property would suit first-time buyers, downsizers, or investors seeking a bungalow with a large yard, prioritizing space and single-storey convenience over a modern build or high-end finishes. Its appeal is practical: it's a home with room to grow or relax outdoors, without the maintenance of a larger house.

Key Considerations & FAQs

1. How does the property's value compare to the area? The home's assessment is currently in the lower tier for its specific street, but ranks in the top 27% city-wide. This may indicate potential value relative to Winnipeg overall, or a street with a mix of highly renovated and original homes.

2. What does the "ranking" data mean for a buyer? The rankings show how this home compares to others in key metrics. For example, it ranks highly for lot size everywhere, but is older than most in its community. This helps identify its competitive strengths (space) and potential compromises (age).

3. Is the neighbourhood a good fit for us? Eric Coy is an established, mature neighbourhood. The data shows this home's metrics (like age and value) are very typical for the broader community, suggesting a stable, non-gentrified area. It's best suited for those who appreciate established communities over newer subdivisions.

4. What are the implications of a 48-year-old bungalow? A home of this age will likely have original or older major systems (roof, windows, furnace). The finished basement is a plus, but buyers should budget for updates and have thorough inspections to understand the condition behind the walls.

5. Who might this property not suit? It may not fit buyers seeking a modern, turn-key home, or those prioritizing immediate high equity relative to their immediate neighbours. Its value appears more in the land and layout than in recent premium upgrades.