Property Summary: 6 Blossom Bay, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-family bungalow in the Eric Coy neighbourhood, built in 1978. The home sits on a generous 6,047 sqft lot, offering ample outdoor space, and features 1,366 sqft of living area with a finished basement and an attached garage. Its appeal lies in a combination of space, location, and value. The property ranks notably well within Winnipeg overall, particularly for its above-average lot size and assessed value, suggesting a solid foundation relative to the broader market.
The home would suit practical buyers looking for a move-in-ready bungalow with room to grow outdoors, ideal for small families, downsizers, or first-time buyers seeking a single-level layout. A thoughtful perspective is its position in the neighbourhood rankings: while it scores highly for lot size and assessed value locally, its living area is more modest compared to nearby homes. This indicates you're purchasing a premium parcel of land with a functional home, rather than a maximized structure, which could appeal to those prioritizing future expansion potential or simply more private outdoor space over sheer square footage.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current assessment?
The home sold for $416,000 in September 2020. The current assessed value is $467,000. This increase reflects market trends and the property's characteristics over that period.
2. What do the ranking percentages actually mean?
They show how this property compares to others in three areas: its immediate street, the Eric Coy neighbourhood, and all of Winnipeg. For example, ranking "in the top 30% in Winnipeg" for lot size means 70% of Winnipeg homes have a smaller lot. It's a quick way to gauge relative standing.
3. Is the basement included in the 1,366 sqft living area?
Typically, the listed "living area" refers to above-grade, finished space. The home has a finished basement, which adds additional usable living space not included in that 1,366 sqft figure.
4. The home ranks low on its street for recent sale price. Why is that?
The data shows the 2020 sale price was the lowest on the street at that time. This could be due to the specific market conditions, the property's condition at that sale, or the timing of other sales on the street. It's important to view this in context with the more current assessment value and overall market rankings.
5. What is the significance of the "ONE STOREY" building type?
This confirms the home is a bungalow. All primary living spaces are on one level, which can be a major advantage for accessibility, ease of living, and future aging in place. The finished basement provides additional flexible space without the need for daily stairs.