Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2013. It sits on a large 6,339 sqft lot and offers over 2,500 sqft of living space. A key feature is its renovated basement, adding to its functional space, along with an attached garage. The data suggests a home that has been consistently valued and sold well above average, indicating a desirable and stable investment within its community.
Its appeal lies in a combination of modern construction, above-average size, and a proven track record of value. The home ranks in the top tiers of its area for lot size, living space, and assessed value, offering a sense of premium positioning within a sought-after neighbourhood. The recent basement renovation adds immediate move-in appeal and modern functionality.
This property would suit buyers looking for a move-in ready, spacious family home in a modern suburb, who also place a high value on market performance and equity stability. It’s particularly well-matched for those who appreciate data-driven insights, as the home’s strong rankings for assessed value and recent sale prices suggest a sound financial purchase, not just a lifestyle one.
Frequently Asked Questions
How does the lot size compare to others nearby?
At 6,339 sqft, the lot is larger than 72% of properties on its street and in Bridgwater Forest, offering more outdoor space than typical for the area.
What does the "rank" data actually tell me?
The percentile rankings show how this property compares to others in specific categories. For example, ranking "better than 98% in Winnipeg" for living area means it is among the top 2% of homes in the city for size, highlighting its standout spaciousness.
The home sold recently in March 2024. Is there a reason to be concerned?
The quick resale isn't inherently negative. The sale price of $1,030,000 was significantly higher than the 2020 sale, and the home ranks very high for its assessed value. This could indicate a rapid equity gain or a lifestyle-driven purchase that changed.
How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The recent sale price ($1,030,000) is a more current indicator of market value. The fact the assessed value ranks in the top 1% in Winnipeg, however, underscores the property's high valuation bracket.
Is the renovated basement a legal suite?
The provided details note a "renovated basement" but do not specify it as a legal secondary suite. Buyers should verify the permits and legal status of the renovation with the seller or their agent.