Property Overview: 100 Appletree Crescent, Bridgwater Forest
Key Characteristics & Appeal
This well-maintained, one-storey home in the popular Bridgwater Forest neighbourhood offers a practical layout on a generous lot. Built in 2009, its key features include a renovated basement and a living area of 1,506 sq ft. The property sits on a large 4,596 sq ft lot, providing ample outdoor space—a notable advantage in a modern community.
The primary appeal lies in its balance of space, updates, and location. The renovated basement adds immediate functional living area without the need for a major project. While it lacks a garage, the large lot presents a clear opportunity for adding one or creating extensive landscaping, which is a significant value-add prospect for a handy buyer. The home suits first-time buyers or downsizers looking for single-level living in a family-oriented area, as well as value-oriented investors or renovators who see potential in the land size and the already-completed basement renovation. A thoughtful perspective is that its assessed value ranks highly city-wide, suggesting it may represent a relatively strong valuation foundation within Winnipeg, despite its more modest rankings on its specific street.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to understand the full scope, which could range from basic drywall and flooring to include additional bedrooms or a legal suite.
2. How does the lack of a garage impact daily life and value?
For many buyers, a garage is a key utility for vehicles and storage. Its absence may be reflected in the price, but the large lot size is a major mitigating factor, as it allows for the future construction of a garage or a sizable shed, subject to local bylaws and permits.
3. The home ranks low on its street for size and value. Is this a concern?
This indicates the immediate surrounding homes on Appletree Crescent are, on average, larger or have higher valuations. It doesn't necessarily reflect the condition of this specific home, but it does mean buyers are getting a more entry-level property on what appears to be a premium street within Bridgwater Forest.
4. The last sale was in 2016 for $480k. How is the assessed value only $56.3k?
This is a common point of confusion. The $56.3k figure is the taxable assessed value for municipal property tax purposes, not an estimate of market value. Market value is typically much higher, as indicated by the 2016 sale price.
5. What is the neighbourhood of Bridgwater Forest like?
Bridgwater Forest is a master-planned, newer community in south Winnipeg known for its parks, pathways, ponds, and family-friendly amenities. It offers a modern suburban lifestyle with convenient access to shopping and schools.