Property Overview & Key Characteristics
This one-storey home in Bridgwater Forest is a study in contrasts, offering a blend of established community living and specific value considerations. Built in 2011, it sits on a larger-than-average lot (5,660 sqft), providing more outdoor space than many in the immediate area. Its key features include an attached garage and a renovated basement. The home’s assessed value is notably strong compared to Winnipeg overall, ranking in the top 9%, which suggests a solid foundation of municipal valuation.
The appeal here is nuanced. It suits buyers seeking a single-level layout in a mature, family-oriented neighbourhood, where the large lot is a premium. It would particularly fit those who value outdoor space over interior square footage, as the living area is more compact. The renovated basement adds functional space, making it practical for small families, downsizers, or investors. A thoughtful perspective is the home’s position as a relatively newer build in an established area, offering modern infrastructure without being in a brand-new development phase.
Frequently Asked Questions
1. How does the living area size compare to the neighbourhood?
At 1,445 sqft, the living area is below the neighbourhood average, ranking in the top 68% (meaning 68% of homes are larger). This indicates it's a more compact home for the area, emphasizing efficient use of space.
2. The assessed value seems high relative to the last sale price. What does this indicate?
The current assessed value is $57.40k, while it last sold in November 2020 for $50.50k. This increase reflects municipal assessment trends and broader market movement over four years, not an appraisal for sale. It's a starting point for understanding property taxes and market positioning.
3. Is the lot size a significant advantage?
Yes. The 5,660 sqft lot is larger than 58% of lots on the same street. In a newer community like Bridgwater Forest, larger lots are often a scarce resource, offering more privacy, gardening space, or expansion potential compared to newer, denser subdivisions.
4. What does the "rank by year" data tell us?
The home is newer than 84% of homes on its street, ranking 6th newest out of 38. This suggests it's among the more recent builds in that specific part of the community, potentially meaning fewer immediate major repairs compared to older stock.
5. How does this property fit within Bridgwater Forest?
It presents a specific profile: a newer, single-storey home on a generous lot but with a more modest floor plan. It appeals to a different buyer than those seeking the neighbourhood's typically larger two-storey homes, offering an alternative for those prioritizing lot size and main-floor living.