Property Overview: 33 Blossom Bay, Eric Coy, Winnipeg
Key Characteristics & Appeal
This is a well-established, two-storey family home in the Eric Coy neighbourhood, built in 1978. It sits on a generous 6,081 sqft lot, offering above-average outdoor space for the area. With 1,512 sqft of living space and a finished basement, the home provides practical, multi-level living. Its key appeal lies in its balance of space, established community feel, and value. The home ranks notably well city-wide for its lot size, living area, and assessed value (in the top 20-30% of Winnipeg), suggesting it is a competitively sized property for its price point within the broader market.
The property would suit buyers looking for a move-in-ready home in a mature neighbourhood without the premium of a new build. It's ideal for a growing family that values interior space and a large yard over a brand-new construction. A thoughtful perspective is that while the home ranks lower within its immediate community for some metrics (like overall community ranking), its stronger city-wide rankings indicate it represents a relative value within Eric Coy—a potential opportunity in a neighbourhood where many properties may be assessed higher.
Frequently Asked Questions
1. What does the community ranking mean?
The home ranks in the top 97% within Eric Coy (862 out of 888), meaning most homes in the immediate area are larger, newer, or have a higher assessed value. This suggests the neighbourhood overall consists of substantial properties, and this home is a more entry-level option within that specific, established community.
2. Is the lot size a significant feature?
Yes. At over 6,000 sqft, the lot is a standout characteristic, ranking in the top 3% of the Eric Coy neighbourhood. This offers rare potential for gardening, expansion, or outdoor recreation that is harder to find in newer subdivisions.
3. How should I interpret the "age" rankings?
Built in 1978, the home is newer than 73% of properties in Eric Coy, indicating the neighbourhood is predominantly older. However, it's newer than only 61% of homes city-wide, placing it in the middle of the pack overall. Buyers should be prepared for maintenance consistent with a home of this age.
4. What is the significance of the strong city-wide value ranking?
The assessed value ranks in the top 20% of all Winnipeg homes, which is significantly stronger than its within-community ranking. This often indicates the assessed value is reasonable or even conservative compared to the home's attributes on a city-wide scale, which can be appealing from an investment perspective.
5. What are the implications of a finished basement?
The finished basement adds flexible living space (not included in the 1,512 sqft main living area), which is a functional asset for a family. It's important to clarify the finish quality, ceiling height, and whether it includes a proper egress window, as these factors affect its value and use as living space.