46 Blossom Bay

Property Overview & Key Characteristics

This 1978 four-level split home in Eric Coy offers a practical layout with a fully finished basement and an attached garage. Its primary appeal lies in its generous proportions, featuring nearly 1,900 sqft of living space and a large 6,088 sqft lot, both of which rank well above average for Winnipeg. The home presents a solid value proposition, with an assessed value that is moderate for the city but positioned in the more affordable range within its immediate neighborhood and street. Its enduring appeal is for buyers seeking established character, ample indoor and outdoor space, and a home that has been a well-maintained part of the community for nearly five decades.

It would suit practical buyers—growing families, multi-generational households, or those who value workshop or hobby space—who prioritize square footage and lot size over a brand-new build. It’s a home for someone comfortable with the evolving nature of an older property, who sees potential in its good ranking for size and appreciates the mature setting of Blossom Bay.

Frequently Asked Questions

1. What are the advantages of a four-level split design?
This style offers natural separation of living spaces, often creating distinct zones for living, sleeping, and recreation across its multiple half-levels, which can be ideal for family privacy or hosting.

2. How does the assessment value compare to the likely selling price?
The assessment of $456,000 is a municipal valuation for tax purposes. Notably, it ranks higher city-wide (top 25%) than it does within its own neighborhood (top 42%), suggesting the area may have higher-valued homes. Market conditions and property updates will ultimately determine the sale price.

3. The home is older—what should I consider?
Built in 1978, major systems like roof, windows, plumbing, or electrical may be at or beyond their typical service life. A thorough inspection is crucial to understand the condition and plan for any updates, balancing the charm of an established home with modern functionality.

4. The lot size is a standout feature. What does that mean for me?
A lot over 6,000 sqft provides exceptional outdoor space for gardening, play, or expansion. It also offers a greater sense of privacy and is a long-term asset, as newer developments typically offer smaller lots.

5. The rankings show it's large for the area but modestly assessed. What's the takeaway?
This indicates you are getting a physically larger home and property compared to most in Winnipeg and even on its street, but it may be priced more accessibly than some neighbors. This could represent a value opportunity for space-seeking buyers, with the understanding that finishes or updates may reflect its age and assessment level.