Property Overview
This 1978 one-storey home at 38 Blossom Bay offers a blend of space, established charm, and a strong value proposition. Its key appeal lies in its generous 1,873 sqft layout on a large 6,088 sqft lot, providing ample room both indoors and out. The home features a finished basement and an attached garage. Its standout characteristic is its competitive positioning: it ranks highly within its immediate street and across Winnipeg for its size, recent sale price, and assessed value, suggesting it is a well-regarded property in its area. It particularly suits buyers looking for a spacious, single-level living configuration in a mature neighbourhood, who value data-backed metrics showing strong performance relative to peers. A thoughtful perspective is that while the home is nearly 50 years old, its above-average rankings for size and value in a broader city-wide context indicate it has been a consistently desirable model, potentially offering more enduring appeal than newer but smaller properties.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this home against others on the same street, in the Eric Coy neighbourhood, and across all of Winnipeg for specific metrics like living area and assessed value. A "top 29%" rank for size on its street, for example, means it is larger than 71% of its immediate neighbours.
2. The home was built in 1978. What should I consider?
While the structure is mature, the highly ranked assessment and recent sale price suggest it has been maintained as a solid asset. Buyers should prioritize a thorough inspection focusing on updates to major aging components like the roof, windows, and mechanical systems.
3. What does the recent sale history indicate?
The home sold for $585,000 in August 2023, a price that ranked in the top 9% of all Winnipeg sales at that time. This strong recent transaction supports its current market value and demonstrates significant buyer demand for this specific property.
4. Is the finished basement included in the 1,873 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus space, adding functional square footage for recreation, guests, or storage beyond the main floor total.
5. The lot is large. What are the possibilities?
The over 6,000 sqft lot offers substantial outdoor space for gardening, play, or entertaining. It also presents future potential, subject to local zoning, for additions like a shed, deck, or even a suite, which is a significant advantage in an established area.