Property Overview
This two-storey home in Bridgwater Forest is a well-situated and updated property with strong foundational metrics. Built in 2010, it sits on a nearly 5,000 sqft lot and features 1,676 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its balance of modern updates, above-average lot size for the area, and a location that ranks highly for both value and living space within its immediate street and the wider city. The 2020 sale price of $440k significantly exceeds its current assessed value, indicating a history of market confidence.
This home would suit practical buyers looking for a move-in-ready property in a modern Winnipeg neighbourhood without the premium of a brand-new build. It’s particularly suited for small families or professionals who value a renovated basement for extra living space and appreciate a property that holds a competitive position relative to its peers in key categories like lot size and assessed value.
Key Questions for Consideration
What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, permits, and whether it includes a bathroom or legal secondary suite are essential to clarify.
How does the 2020 sale price relate to today's value?
The property sold for $440k in mid-2020. Understanding how local market conditions have shifted since then is crucial for setting realistic current price expectations.
Are the high rankings for lot size and assessed value a major advantage?
Yes. The lot is larger than 72% on its street, offering more outdoor space than many nearby homes. Its assessed value is also in the top 10% for Winnipeg, which can be a positive indicator for municipal valuation, though market value is determined by buyers.
What are the typical property taxes for this assessed value?
With an assessed value of $56.70k, requesting an estimate of the annual property tax bill from the listing agent is a prudent step for budgeting.
What is the character of Bridgeland Drive S and Bridgwater Forest?
As a relatively young community (2010s), prospective buyers should visit at different times to gauge traffic, neighbour interaction, and overall ambiance to see if it matches their lifestyle.