Property Overview
2 Millbank Avenue is a well-established two-storey home in the popular Bridgwater Forest neighbourhood. Built in 2008, it sits on a generous 4,804 sqft lot and features 2,391 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in offering substantial space and modern updates within a sought-after, family-oriented community. The home’s standout characteristic is its impressive size relative to the area; its living area ranks in the top 3% of Winnipeg, making it a notably spacious offering. While the house itself is older than many in its immediate neighbourhood, it benefits from mature landscaping and established surroundings.
This property would suit a growing family or a buyer seeking a "move-in ready" home with ample room, prioritizing interior space and a renovated basement over having the newest build on the block. It’s also a strong match for those who value community amenities and parks, as Bridgwater Forest is designed with these features in mind. A thoughtful perspective for buyers is to consider the value of an older home in a newer area: it often comes with a more developed yard and settled streetscape, while the renovated basement adds immediate functional living space without the need for a major project.
Frequently Asked Questions
1. How does the age of this home compare to others in Bridgwater Forest?
Built in 2008, this home is among the earlier builds in this development. It ranks as older than 98% of homes in the immediate neighbourhood, meaning most surrounding houses are newer. This can be an advantage for buyers preferring more mature trees and established gardens.
2. What does the assessed value indicate?
The assessed value of $66,30k is a municipal valuation for tax purposes and is not a market price. It ranks in the top 4% for Winnipeg and top 26% for the neighbourhood, suggesting the property is considered well above average in value by the assessor, which typically reflects its size, location, and improvements.
3. The home last sold in March 2020 for $520k. How is that relevant today?
That sale price provides a historical benchmark, but the market has undergone significant changes since early 2020. It’s most useful for understanding the property’s appreciation trajectory over time rather than as a direct indicator of its current value.
4. Is the lot size typical for the area?
Yes. At 4,804 sqft, the lot is larger than 90% of others on Millbank Avenue, making it one of the larger parcels on the street. This is a key feature, offering more outdoor space than many neighbouring properties.
5. Who might this home not suit?
Buyers seeking a brand-new build or the latest modern architectural styles may find the 2008 build date less appealing. Additionally, those who prioritize having a home newer than most in their immediate vicinity might prefer a different property in the area.