Property Overview: 127 Abbeydale Crescent, Bridgwater Forest
Key Features & Ideal Buyer
This well-established two-storey home in Bridgwater Forest presents a compelling blend of space, location, and modern updates. Its key appeal lies in its generous proportions, both indoors and out. With over 2,300 sqft of living space and an 8,020 sqft lot, it offers room to grow, ranking in the top tier for size within its street, neighbourhood, and the wider Winnipeg area. The home benefits from a renovated basement and an attached garage, adding functional living and storage space.
The property’s strength is underscored by its consistent performance in comparative metrics. It sits on a street where 95% of lots are smaller, and its last sold price in mid-2022 places it in the top 2-3% of comparable sales citywide, suggesting a history of strong value retention. Built in 2011, it avoids the concerns of an older home while being past the initial settling phase of a brand-new build.
This home would suit a growing family or a professional couple looking for established community amenities without sacrificing interior space. It’s ideal for buyers who prioritize a larger yard and a home that has already seen significant upgrades, like the basement renovation, and who value a property with a demonstrated track record in the market.
Frequently Asked Questions
1. How does the 2022 sale price relate to today’s market value?
While the 2022 sale of $751,000 is a strong data point, current market conditions, interest rates, and recent comparable sales will determine the present value. The fact it sold in the top percentile then indicates a desirable property, but a current appraisal or market analysis is recommended.
2. The assessed value is significantly lower than the last sale price. Why?
Municipal assessed value ($599,000) is for tax purposes and often lags behind the actual market value, which is determined by what buyers are willing to pay. The 2022 sale price is a clearer reflection of its market worth at that time.
3. What are the benefits of a 15-year-old home in this area?
A home from this era in Bridgwater Forest offers established landscaping and mature neighbourhood amenities, while likely incorporating modern building standards and energy efficiency. It strikes a balance between new construction and a settled, proven community.
4. With a renovated basement, what should I check?
Verify the permits and quality of the renovation. A professional home inspection is crucial to assess the workmanship, ensure proper egress, and check for any moisture issues, which are key in below-ground spaces.
5. The lot is large, but what about the neighbourhood density?
While this specific lot is larger than most on the street, Bridgwater Forest is generally a modern, planned community. The appeal here is having one of the more spacious properties within that popular, convenient framework, offering more privacy and outdoor space than your immediate neighbours.