Property Overview: 125 Maple Creek Road, Bridgwater Forest
Key Characteristics & Appeal
This well-situated, single-storey home in Bridgwater Forest is defined by its exceptional lot size and strong value positioning within the broader Winnipeg market. Built in 2012, the property sits on a 16,073 sqft lot that ranks in the top 2% locally, offering rare space and privacy for the area. Its appeal lies in this generous outdoor footprint combined with a recently renovated basement, presenting a solid foundation for both immediate living and future personalization. The home’s current assessed value significantly outpaces its last sale price from 2016, indicating substantial equity growth and a history of strong value retention.
The property would best suit buyers who prioritize land size over sheer interior square footage, such as growing families seeking room for play or gardening, or those looking for a long-term home with space to expand. It’s also a compelling option for value-conscious buyers seeking a home in a desirable suburban neighbourhood, where the land itself represents a premium and appreciating asset. The renovated basement adds functional living space, making it move-in ready for those needing extra rooms for a home office, gym, or guests.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large, ranking in the top 2% of all properties in Winnipeg. At over 16,000 square feet, it offers a level of outdoor space that is uncommon in newer suburban communities.
2. The living area is noted as 2,046 sqft. How does that fit within the neighbourhood?
The home’s living area is above average for Winnipeg (top 9%) but is more moderately sized within its immediate street and neighbourhood. This highlights a property where the balance is tilted toward generous outdoor space versus a maximized interior footprint.
3. What does the significant gap between the 2016 sale price and current assessed value indicate?
The assessed value of $74.60k is notably higher than the $57.50k sale price eight years prior. This suggests strong market appreciation and equity buildup for the current owner, reflecting the area's desirability and the value placed on large lots.
4. Is the home’s 2012 build date considered recent for the area?
Yes. With a build year of 2012, the home is newer than 89% of properties in Winnipeg and is in the top tier for its specific street, meaning it likely requires less immediate major maintenance compared to much of the city's housing stock.
5. What is the significance of the “renovated basement” mention?
This indicates the lower level has been updated, adding immediate functional living space and potentially modern finishes. It’s a key feature that adds value and utility without the need for a future project by the new owner.