Property Overview: 135 Abbeydale Crescent
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is a well-established property in a desirable neighbourhood, built in 2010. Its primary appeal lies in its generous proportions and strong value metrics. With over 2,000 sqft of living space, it sits comfortably within the top 10% of Winnipeg homes by size. The lot is also sizable, and the home benefits from an attached garage and a renovated basement, adding functional living space.
The data suggests a property that offers more house and land than many in the immediate area, ranking highly on its street for lot size and assessed value. Its assessed value has risen notably since its last sale in 2017, indicating solid market appreciation. This home would suit buyers looking for a move-in ready family home in a mature, planned community, particularly those who prioritize space and a sense of established value over a brand-new build. It’s a practical choice for someone who wants room to grow without venturing into the premium price tier of newer constructions in the area.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is a municipal valuation for tax purposes and is typically lower than market value. The current assessment of $61.1k, combined with the home’s sale history and size rankings, indicates a property that has appreciated significantly, suggesting a market price well above this figure.
2. Is the renovated basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovations with the city to understand its legal use and potential for rental income.
3. What does the "rank" data actually tell me?
These rankings compare this property to others on its street, in Bridgwater Forest, and across Winnipeg. For example, ranking "better than 91% in Winnipeg" for living area means it's larger than 91% of homes in the city, highlighting one of its standout features.
4. The home sold in 2017 for $50.4k. Why such a large increase in assessed value?
The 2017 sale price likely reflects a different market and may have been part of a larger portfolio or non-arms-length transaction. The sharp rise in assessed value to $61.1k is more indicative of the property's current municipal valuation and general market appreciation in the area over seven years.
5. How mature is the landscaping and neighbourhood?
Built 16 years ago, the home is in an established phase. Trees and gardens will be more developed than in brand-new subdivisions, offering immediate privacy and a settled feel, but may also require ongoing maintenance or updates.