Property Overview: 128 Highland Creek Road, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Bridgwater Forest is defined by its substantial, private lot and strong value proposition. Built in 2013, the 2,229 sqft residence sits on an impressive 12,515 sqft parcel, placing it in the top 4% of the neighbourhood for lot size. Its appeal lies in this rare combination of a modern, low-maintenance bungalow layout with the generous outdoor space typically found in older properties. Key features include an attached garage and a renovated basement, adding functional living space.
The home’s standout characteristic is its established and superior positioning within the market. With an assessed value ranking in the top 1% for Winnipeg and a lot size ranking in the top 3%, it presents a compelling long-term investment in a sought-after community. It would particularly suit growing families or multi-generational households seeking single-level living without sacrificing yard space, as well as value-conscious buyers looking for a property with metrics that significantly outperform most of the city.
A less obvious perspective is the advantage of its established lot in a newer community. While the home is 13 years old, the mature setting on a quiet cul-de-sac offers a settled feel that brand-new subdivisions often lack, while still providing modern amenities and infrastructure.
Section 2: Frequently Asked Questions
1. How does the lot size compare to a typical new build?
This property’s lot of over 12,500 sqft is exceptionally large by modern standards, where lots in new developments are often 5,000 sqft or less. It offers significant privacy and room for gardens, play structures, or additions.
2. The assessed value seems low relative to the last sale price. What does this indicate?
The current assessed value of $113.5k is for municipal tax purposes and is not a reflection of market value. The home last sold for $497.5k in 2017. The low assessment is a positive, indicating relatively lower property taxes compared to the home’s actual market worth.
3. Is the renovated basement included in the living area square footage?
Typically, finished basement space is not included in the official 2,229 sqft living area calculation for above-grade space. The renovated basement provides additional, valuable living space beyond that figure.
4. What is the significance of the high percentile rankings provided?
These rankings show how this property compares to others. For example, being "better than 97% in Winnipeg" for lot size means only 3% of properties in the city have a larger lot. This quantifies its rarity and top-tier standing in key metrics.
5. The home is a bungalow in a family neighbourhood. Is it suitable for aging in place?
Yes, the single-storey main floor layout is inherently accessible. Coupled with a renovated basement that could suit live-in help or family, and a large, flat lot, it offers flexible options for long-term living through various life stages.