Property Summary: 30 Blossom Bay, Eric Coy, Winnipeg

Key Characteristics & Buyer Appeal

This is a spacious, well-established family home in Winnipeg's Eric Coy neighbourhood. Built in 1978, it sits on a large, 6,054 sqft lot and offers 1,871 sqft of living space, including a finished basement. The home is a two-storey (with some one-storey elements) and features an attached garage.

Its primary appeal lies in its generous proportions and established setting. The lot size and living area are both notably above average, ranking in the top 13-18% citywide, offering more room than most Winnipeg homes. While the home itself is not new, its condition and recent updates are reflected in its municipal assessment of $501,000, which is higher than over 80% of Winnipeg properties. The finished basement adds valuable, flexible space.

This property would best suit practical buyers looking for space and value over a brand-new build. It's ideal for a growing family that prioritizes indoor and outdoor room to grow in a mature neighbourhood. The stats suggest it's a "larger than average" home in a community of similarly older homes, offering a sense of established stability. A thoughtful perspective is that this home represents an opportunity to own a property with above-city-average metrics (lot size, living space, assessed value) in a neighbourhood where overall property values are more modest, potentially offering a solid foundation for long-term equity.

Frequently Asked Questions

1. What is the neighbourhood like?
Eric Coy is a mature, established community. The home's rankings show that within its immediate area, most houses are of a similar vintage, but this specific property ranks highly for its lot and living space.

2. Is the basement a legal suite?
The listing states the basement is finished, but does not specify it as a legal secondary suite. Buyers should verify its configuration and legal status with their agent and the city.

3. How does the 1978 build year affect things?
While the home is nearly 50 years old, its above-average assessment suggests it has been maintained or updated. A thorough inspection is crucial to understand the condition of major systems like roof, wiring, and plumbing typical of that era.

4. What do the "rankings" actually mean?
They show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, ranking "in the top 13% in Winnipeg" for living area means 87% of city homes are smaller. It's a useful tool for gauging relative size and value.

5. Why is the assessed value higher than many area homes?
The municipal assessment considers factors like lot dimensions, living area, finished spaces, and overall condition. Its value ranking higher than 73% of homes in Eric Coy indicates the city assessor views it as a superior property within the neighbourhood, likely due to its size and features.