Property Overview
This two-storey home in Bridgwater Forest is a well-established property that stands out for its generous proportions and prime positioning within a sought-after neighbourhood. Built in 2011, it sits on a large 7,500+ sqft lot, offering more space than most homes on its street and in Winnipeg overall. The interior is a substantial 2,314 sqft, placing it comfortably within the top tier of homes in the city by size. Key features include an attached garage and a renovated basement, adding valuable finished living space. Its appeal lies in offering mature landscaping and settled community feel of a 15-year-old home, combined with the modern layout and amenities expected in Bridgwater Forest. The property consistently ranks in the top quartile for lot size, living area, and value on its street and in the wider area, indicating a premium offering within its locale.
This home would suit buyers looking for a move-in ready family home with ample indoor and outdoor space, who value the established nature of a neighbourhood while wanting modern conveniences. It’s particularly suited for those prioritizing long-term value and space over a brand-new build, and who appreciate a home that already holds a strong, above-average standing in terms of assessed and recent market value.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
At over 7,500 sqft, this lot is significantly larger than many newer properties in Bridgwater Forest and similar communities, where lot sizes have generally decreased in recent years. This offers more private outdoor space, a rarity for homes of this vintage in the area.
2. What does the "renovated basement" include?
While specific finishes aren't detailed, a renovated basement in a home of this age and calibre typically means it is fully finished as a living space, potentially including additional bedrooms, a family room, or a dedicated recreational area. Verification of the scope and permits would be advised.
3. The home sold in July 2023. Why is it back on the market?
This information isn't provided in the details. The 2023 sale price can serve as a recent market benchmark, but the reason for the current sale would need to be clarified directly with the listing agent or seller.
4. The assessed value is $660k, but it sold for $683k in 2023. What does this indicate?
This suggests the market value at that time exceeded the city's assessed value for tax purposes, which is common. Assessments can lag behind rapid market shifts. The 2023 sale provides a concrete, recent data point that is often more indicative of current value than the assessment alone.
5. How does this home rank for someone prioritizing a modern layout?
Built in 2011, the home is modern enough to feature open-concept living popular in the last decade, but may not have the very latest ultra-open floor plans or trends of 2024 builds. The trade-off is a larger lot and more established neighbourhood that often comes with older construction dates.