Property Overview: 156 Park Valley Road, Bridgwater Forest
Key Characteristics, Appeal & Ideal Buyer
This well-situated two-storey home in Bridgwater Forest offers strong value in a modern Winnipeg community. Built in 2011, it sits on a generous 5,796 sqft lot and features a spacious 2,639 sqft of living area, which is notably larger than most homes in both the immediate neighbourhood and the wider city. The home includes an attached garage and a full, unrenovated basement, presenting a blank canvas for future expansion or customization.
Its primary appeal lies in its above-average space and established lot size within a relatively new suburb. The property ranks highly for its living area and assessed value compared to Winnipeg overall, suggesting a solid investment in a desirable growth area. It would suit a growing family seeking ample indoor space in a community with newer infrastructure, or a value-conscious buyer looking for a home with good square footage where they can personalize the basement over time. A less obvious perspective is that the home’s age strikes a balance—it’s past the initial “newness” phase where major builder deficiencies might surface, yet it’s modern enough to avoid the immediate need for significant system overhauls common in older homes.
Frequently Asked Questions
1. How does the lot size compare to others in Bridgwater Forest?
At 5,796 sqft, the land area is larger than about half of the properties on Park Valley Road itself, offering a bit more outdoor space than many of its direct neighbours.
2. Is the basement finished?
No, the basement is not renovated. This presents an opportunity for future expansion to suit a buyer’s specific needs and taste.
3. How recent are the property value assessments?
The provided assessed value is a government assessment for taxation. The home sold most recently in October 2023 for $666,800, which provides a clear, current market benchmark.
4. What does the ranking data mean?
The rankings compare this property to others on its street, in Bridgwater Forest, and across Winnipeg. For example, its living area is in the top 4% of the neighbourhood and top 2% city-wide, highlighting its standout spaciousness.
5. Is the home in a flood zone or have any known major issues?
This information is not provided in the available details. A buyer’s inspector and realtor should be consulted to investigate flood plain maps, the condition of the roof, siding, and major systems given the home’s age, and to review the property’s full history.