Property Overview
This two-storey home in Bridgwater Forest presents a compelling opportunity for buyers seeking a well-established, spacious property in a desirable neighbourhood. Built in 2011, it sits on a large, 9,425 sqft lot, offering more outdoor space than most properties on its street and across Winnipeg. The home itself features a renovated basement and 2,222 sqft of living area, which ranks in the top tier for size citywide. Its strong assessed value and notable prior sale price in 2022 suggest a history of solid market performance. The appeal here lies in the combination of a mature lot, updated living space, and a location within a newer community that has already proven desirable.
This home would suit growing families or professionals looking for a move-in-ready property with room to grow, both indoors and outdoors. It’s also a sensible choice for value-conscious buyers who appreciate a home that consistently ranks above average in key metrics like lot size, living space, and value relative to its peers, offering a blend of community amenities and established privacy.
Frequently Asked Questions
1. How does the lot size compare practically?
At 9,425 sqft, the lot is significantly larger than most in Winnipeg (top 7%). This translates to more private yard space, potential for gardening, landscaping, or recreational additions, and greater distance from neighbouring homes compared to newer, denser subdivisions.
2. What does the "renovated basement" typically include?
While specifics should be verified, in a 2011 home this often means a finished lower level with potential for additional bedrooms, a family room, or a dedicated entertainment space, effectively increasing the usable square footage beyond the listed 2,222 sqft.
3. The home sold in April 2022. What does that recent sale indicate?
The 2022 sale price was notably high relative to the street and area at that time. This suggests the property was competitively sought-after or had desirable features/updates even prior to any recent renovations, indicating a history of strong market appeal.
4. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($63.70k) is for municipal tax purposes. The 2022 sale at $72.20k and current market conditions are far more relevant for determining the listing price. The high percentile ranking (top 5% in Winnipeg) shows the city assesses its value very highly compared to other homes.
5. How mature is the property and neighbourhood?
Built 15 years ago, the home and community are past the initial settling phase. Landscaping is likely established, and any major construction defects would have typically surfaced, while the neighbourhood's amenities and character are now well-defined. This offers a different feel than a brand-new build in a developing area.