Property Overview: 19 Aspen Forest Point
Key Features & Ideal Buyer
This two-storey home in Bridgwater Forest is a spacious, well-established property built in 2009. Its primary appeal lies in its generous scale and a recently renovated basement. With over 2,400 sqft of living space on a large lot, it offers more room than the vast majority of homes in Winnipeg. The attached garage and substantial land area add to its practical family footprint.
The home’s character is defined by its position within the neighborhood spectrum. It is newer than most on its street, offering modern construction without being in a brand-new development phase. However, its assessed value is notably conservative compared to its last sold price, which may present an opportunity for value-aware buyers. This property would best suit a growing family looking for established community amenities and ample interior space for the price, or a buyer who appreciates a home that already has key renovations like the basement completed. It’s a solid choice for those prioritizing square footage and lot size over a brand-new build.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The current assessed value is significantly lower than the home’s last sale price in 2019. This is not uncommon and reflects the different methodologies used for taxation versus market valuation. Buyers should rely on a current market appraisal and comparable sales to determine today's value.
2. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers interested in rental income or a separate living area should verify its compliance with local zoning and building codes.
3. What does the ranking data actually mean for living here?
The rankings show the home is larger and newer than most on its street, which is a positive. However, being in the top 70% for assessed value on the street suggests property taxes may be relatively higher compared to immediate neighbors. It's a trade-off of space for cost.
4. The home last sold in 2019. Why is that relevant?
The 2019 sale provides a historical price point, but the market has changed considerably since then. This history is more useful for understanding how the property has been traded than for predicting its current price.
5. How does the lot size impact maintenance?
At nearly 4,700 sqft, the lot is sizable. This offers great outdoor space but also means more yard work, snow clearing, and potential landscaping costs compared to properties with smaller lots.