61 Blossom Bay

Property Overview: 61 Blossom Bay, Winnipeg

Key Characteristics & Appeal

This is a spacious, well-established two-storey home in the Eric Coy neighbourhood, built in 1978. Its primary appeal lies in its generous proportions and mature setting. With 2,340 sqft of living space, it offers significantly more room than most homes in Winnipeg, ranking in the top 4% city-wide for size. The property sits on a large 6,080 sqft lot and includes a finished basement and an attached garage.

The home’s value is underscored by its municipal assessment of $524,000, which places it well above average for the area. Its appeal is balanced: it provides ample space for a growing or multi-generational family, while the mature neighbourhood offers established gardens and a settled community feel. It would suit a buyer looking for a "blank canvas" home with great bones in a quiet area—someone who values interior square footage and a large yard over a brand-new build, and is potentially willing to update décor to their own taste. A thoughtful perspective is that while the home is 48 years old, its above-average rankings for both size and assessed value in its immediate area suggest it has been a well-maintained and substantial property within its street and community context.

Potential Buyer FAQs

1. What does the "finished basement" include?
   The listing confirms the basement is finished, adding to the home's liveable space. A viewing is essential to determine the layout, ceiling height, and current condition of this area.

2. How does the 1978 build year affect the home?
   While not new, the home's construction date is newer than most on its street (ranking in the top 26%). Buyers should plan for a standard inspection for a house of this age, paying attention to major systems like roof, windows, plumbing, and electrical, which may be original or have been updated over time.

3. The lot is large, but how is the property oriented?
   The 6,080 sqft lot is a major asset. Prospective buyers should visit to determine sun exposure for gardens or decks, and to see how the backyard is configured for privacy and usage.

4. Why is the community ranking for lot size lower than others?
   The home ranks highly for size and value, but its lot size is only in the top 2% within Eric Coy. This indicates the neighbourhood itself features many very large lots, so while the lot is substantial, it is relatively typical for this specific area.

5. What’s the significance of the assessment value being higher than the street and community averages?
   The assessment being in the 79th percentile for both the street and community suggests the municipality views this as a higher-value property compared to its neighbours. This can be a marker of its condition, size, and improvements, but market value is ultimately determined by current buyer demand.