Property Overview
This 2009-built home in Bridgwater Forest presents a well-maintained and updated living space. Its key appeal lies in a desirable combination of a modern, renovated basement and a strong value proposition within a newer Winnipeg community. The home sits on a generous lot that is larger than most on the street, offering good outdoor space. While the living area is comfortably sized, the property's standout metrics are its newer construction age compared to much of the city and a notably low assessed value, suggesting potential for equity growth. It would suit first-time buyers or downsizers seeking a move-in-ready home with a modern basement suite or recreational space, and value-focused buyers who prioritize lot size and recent updates over maximum square footage.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify during a viewing to understand if it's a legal suite, a recreational room, or additional living space.
2. How does the low assessed value impact property taxes?
A lower assessed value relative to recent sale prices in the area can be advantageous, often resulting in comparatively lower municipal property taxes, which is a meaningful ongoing savings.
3. The last sale was in 2021 for $500k. What does that mean for the current price?
It establishes a recent market benchmark. The current asking price will reflect changes in the market since 2021, along with the value of any updates made to the property, such as the basement renovation.
4. Is the neighbourhood family-friendly?
Bridgwater Forest is a master-planned community known for its pathways, parks, and newer schools. The quiet crescent location and proximity to other similar homes make it generally appealing for families.
5. What are the utility costs for a home of this age and size?
As a home built in 2009, it likely benefits from modern building codes and energy efficiency standards (windows, insulation, furnace) which should help keep heating and cooling costs predictable and reasonable for its size.