Property Summary: 102-20 Ancaster Gate, Bridgwater Forest
Section 1: Overview & Appeal
This property is a well-established home in the popular Bridgwater Forest neighbourhood of Winnipeg. Built in 2012, it offers a practical 1,368 sqft of living space. Its key appeal lies in its proven location within a mature, family-oriented community, offering stability and established amenities.
The home suits first-time buyers or downsizers looking for a manageable, low-maintenance property without the uncertainties of a brand-new build. Its assessed value ranks solidly in the middle for the city, suggesting a stable, fair-market position. A thoughtful perspective for buyers is that this home represents a "second-generation" purchase in the area; the initial development phase is complete, so you're buying into a settled community with mature landscaping and known infrastructure, rather than an ongoing construction site.
Section 2: Key Questions (FAQs)
1. What does the "Top X%" ranking mean for this home?
These rankings compare this specific property against others on its street, in Bridgwater Forest, and across all of Winnipeg for metrics like size, age, and value. For example, its living area is in the top 29% for the neighbourhood, meaning it's larger than many comparable homes nearby.
2. Why is there a significant difference between the last sold price and the current assessed value?
The home last sold in September 2020 for $31,000. The current assessed value of $35,100 reflects the municipal government's valuation for tax purposes, which considers broader market trends and is not a direct indicator of current list or sale price.
3. What does "Basement: No" indicate?
This typically means the home is built on a slab foundation and does not have a below-grade basement. This is a common design for certain property types and can mean lower maintenance concerns related to flooding or foundation issues, but also less storage or utility space.
4. The nearby properties listed all have very similar addresses. What does this suggest?
This indicates the home is likely part of a condominium or townhouse complex (e.g., a side-by-side or street townhome). The "102" unit prefix and the cluster of similar addresses on Ancaster Gate point to a managed community with shared elements and possibly monthly fees.
5. How should I interpret the "Year Built" rank?
While built in 2012 (which ranks in the top 68% for the neighbourhood, meaning it's newer than many), the ranking shows that newer homes have been built since. This positions the property as modern but not the newest, which can sometimes offer better value as the initial premium for a brand-new build has dissipated.