Property Overview: 15 Hawkstone Street, Bridgwater Forest
Key Features & Ideal Buyer
This two-storey home, built in 2016, presents a well-maintained property in the popular Bridgwater Forest neighbourhood. Its key appeal lies in a balance of modern construction and established community living. The home features 1,840 sqft of living space, an attached garage, and a full, unrenovated basement on a generous 4,674 sqft lot. While the interior may benefit from future updates, the solid foundation and newer build age (newer than 93% of Winnipeg homes) mean major systems are likely in good condition, offering a reliable canvas.
Its strongest suit is its relative value within a desirable area. The assessed value sits comfortably above the Winnipeg average, yet the home ranks in the middle of its immediate street for both size and value, suggesting it’s a typical, well-priced offering for the block. This isn’t the largest or most upgraded house on the street, but it represents a realistic entry point into a sought-after, family-oriented community known for its trails and amenities. It would suit first-time buyers or young families looking for a move-in ready home with modern fundamentals in a prime location, who are perhaps willing to personalize the basement and décor over time. The appreciable jump in assessed value since its 2019 sale also indicates solid long-term equity growth in the area.
Frequently Asked Questions
1. How does this home compare to others on the street?
It’s a median offering on Hawkstone Street. It has a newer build year than 86% of its neighbours on the street, but its living area and assessed value are in the middle of the pack. This suggests you’re getting a relatively modern home without paying a premium for the largest footprint.
2. Is the basement finished?
No, the basement is not renovated. This presents both a cost and an opportunity. While it requires an investment to finish, it allows the next owner to customize the additional space to their specific needs.
3. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-focused community in Winnipeg. It typically features parks, walking paths, and nearby amenities. The high rankings for newer build years across the area indicate a modern, uniformly developed streetscape.
4. Why is the assessed value significantly higher than the last sale price?
The home was purchased in 2019 for $450,000 and is now assessed at $560,000. This increase reflects general market appreciation over five years, particularly in newer suburbs, and the added value of the home being more established within a maturing neighbourhood.
5. How does the lot size compare?
At 4,674 sqft, the land area is substantial and ranks well. This is a key, less-obvious advantage, providing more outdoor space than many newer builds—a valuable asset for gardening, play, or future additions like a deck or patio.