Property Overview
This two-storey home in Bridgwater Forest, built in 2014, offers a modern living space on a generous lot. Its key appeal lies in its above-average size and newer construction within a popular, family-oriented neighbourhood. The home features an attached garage and a full, unfinished basement, providing space for future customization. The data suggests it is a well-sized, contemporary property in a sought-after area.
Key Characteristics & Ideal Buyer
The home’s primary strengths are its scale and age. With over 2,600 sqft of living space, it ranks in the top 5% of the neighbourhood for size, offering ample room for a growing family. Being only 12 years old, it is newer than 91% of homes in Winnipeg, suggesting modern building standards and less immediate need for major updates. The lot size is also substantial, providing good outdoor space.
Its appeal is for buyers seeking a move-in ready, spacious home in a master-planned community like Bridgwater Forest, without the premium of a brand-new build. It would suit a young or established family looking for the amenities and neighbourhood feel of this area, who value the potential to finish the basement to their own taste. A thoughtful perspective is that while the home sold for $830k in 2022, its current assessed value is significantly lower; this may reflect market adjustments and presents a point of discussion for value-conscious buyers.
Frequently Asked Questions
1. Is the basement developed?
No, the basement is included but is unfinished. This provides a blank canvas for future expansion, such as adding a recreation room, home gym, or additional bedrooms.
2. How does this home compare to others in the area?
The home ranks highly for its living area (top 5% in the neighbourhood) and year built (newer than 79% of the neighbourhood). Its lot size and last sold price are more middle-of-the-road for its immediate street.
3. What does the assessed value versus the 2022 sale price indicate?
The 2022 sale price of $830k and the current assessed value of $71.70k reflect different metrics. The sale price is a historical market transaction, while the assessed value is for municipal tax purposes. This discrepancy is common and does not directly dictate current market value.
4. What is the neighbourhood like?
Bridgwater Forest is a modern, planned community in Winnipeg known for its parks, pathways, and family-friendly amenities. This home is centrally located within it, with nearby properties of similar style and age.
5. What are the potential next steps?
Given the unfinished basement and the data provided on comparative values, the next logical steps would be to view the property in person to assess its condition and layout, and to research recent sales of comparable finished homes in Bridgwater Forest to understand the current market.