Property Overview: 34 Blossom Bay, Winnipeg
Key Characteristics & Buyer Appeal
This 1978-built, one-storey home in Eric Coy sits on a generous 6,088 sqft lot and offers 1,340 sqft of living space with a finished basement. It features an attached garage and no pool. The home presents a compelling value proposition, with its municipal assessment of $452,000 ranking in the top 25% for value across Winnipeg. Its primary appeal lies in its established, quiet street setting within a mature neighbourhood, offering significant outdoor space—a rarity for newer subdivisions. The finished basement adds flexible living or recreational space.
The property suits practical buyers looking for a solid, move-in-ready home without the premium of a newly built property. It’s ideal for first-time homeowners, small families, or downsizers seeking single-level living on a large, private lot. A thoughtful perspective is that while its interior size ranks in the middle locally, the lot size and overall assessed value suggest a property where the land and location contribute significantly to its worth, offering potential for future enjoyment or expansion relative to many other homes in the wider city.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value is notably strong, ranking higher than 75% of all Winnipeg homes. This suggests it is considered a high-value property for its price point within the broader market, even though it is more modestly positioned within its immediate neighbourhood and street.
2. Is the house outdated, given its age?
Built in 1978, the home is nearly 50 years old. However, the presence of a finished basement indicates some updates. Buyers should anticipate the potential for age-related maintenance or updates to mechanical systems, kitchens, or bathrooms, which is typical for homes of this vintage.
3. Who would this property not be suitable for?
It may not suit buyers seeking a brand-new, low-maintenance property or those desiring a home with top-tier rankings within its own specific community for size and newness. It’s also not fitted for those wanting a pool or a multi-storey layout.
4. What does the lot size offer?
At over 6,000 sqft, the lot is a significant feature, offering ample space for gardening, play, pets, or outdoor entertaining. This is a substantial perk for a one-storey home and provides a sense of space that can be hard to find.
5. What is the significance of the provided rankings?
The rankings show how this property compares to others on its street, in Eric Coy, and across Winnipeg for key metrics. They reveal a pattern: this home tends to rank more competitively in the wider Winnipeg context (especially for value and lot size) than it does within its own immediate community, highlighting its broader market appeal.