Property Overview
This 1978 one-storey home in Eric Coy offers a practical layout on a large, 6,088 sqft lot. Its key appeal lies in its balance of space and manageability. The 1,260 sqft finished living area includes a developed basement, providing ample room for a growing family or for hosting guests, while the single-level main floor offers everyday convenience. The attached garage and sizable yard are strong practical assets.
Its value proposition is clear when compared to local benchmarks. The home ranks highly for its lot size and newer age within its immediate street, suggesting it's among the more substantial and relatively modern properties in the row. However, its interior square footage is more modest compared to neighbours, indicating a compact, efficient floor plan rather than a sprawling one. The current assessed value positions it well within the broader Winnipeg market.
This property would suit first-time buyers or downsizers seeking a low-maintenance, single-level lifestyle without sacrificing yard space. It's also a sensible choice for a young family that values a large outdoor play area and the flexibility of a finished basement, but doesn't require a massive above-ground footprint.
Frequently Asked Questions
1. How does the "ranking" system work?
The rankings compare this home against others on its street, in the Eric Coy neighbourhood, and across all of Winnipeg for specific metrics (like lot size or age). A higher percentage means it surpasses more homes in that category. For example, ranking in the "top 29%" for value in Winnipeg means its assessed price is higher than 71% of all city homes.
2. The home ranks low for living area on its street. Does that mean it's small?
It means most houses on Blossom Bay have larger above-ground square footage. However, with 1,260 sqft plus a finished basement, the total usable space is still significant. This suggests a efficient use of space and potentially lower heating costs for the main living area.
3. What does the mix of high and low rankings tell us?
The profile indicates a solid, well-situated property with a premium lot. Its high rankings for lot size and age on the street show its underlying asset strength. The lower ranking for living area confirms it's not the largest house on the block, which is often reflected in a more accessible price point for the location.
4. Is a 48-year-old home a concern?
The data shows it's newer than 74% of homes on its street and 73% in Eric Coy, meaning the neighbourhood has older housing stock. While systems will need monitoring due to age, it's actually one of the more recent builds in the area, which can be an advantage.
5. Why is the city-wide assessment ranking higher than the neighbourhood ranking?
The assessed value ranks in the top 26% for Winnipeg but only the top 45% for Eric Coy. This typically indicates that property values in the broader Eric Coy area are, on average, more modest than in many other parts of the city. This home's value is strong city-wide, but more middle-of-the-pack within its own community.