Property Overview
This two-storey home in Bridgwater Forest offers a blend of modern comfort and established community appeal. Built in 2010, it sits on a generous lot and features a renovated basement and an attached garage. The key appeal lies in its strong positional value within a sought-after neighbourhood. The home ranks highly for its living space, lot size, and assessed value compared to most of Winnipeg, suggesting a solid, above-average offering for the area. It particularly suits buyers looking for a move-in ready family home in a newer suburb, who value space and a proven, stable investment over a brand-new build. A thoughtful perspective is that while the home is newer than most in the city, it is among the older homes on its own street, indicating a well-established streetscape. Its significant appreciation between its 2017 sale and its 2021 sale price also points to a strong historical performance in value growth.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
It ranks very well in terms of living area, lot size, and assessed value within the neighbourhood, placing in the top 20-30% for these metrics. This indicates it's a larger and more valuable property compared to most homes in the area.
2. What does the sold price history indicate?
The home sold for $610,000 in September 2021, a substantial increase from its $552,000 sale in August 2017. This history shows strong appreciation over that period, though market conditions have evolved since 2021.
3. Is the basement development included in the living area square footage?
Typically, the listed living area (2,250 sq ft) refers to above-grade space. The renovated basement is an additional, valuable feature not reflected in that primary square footage calculation.
4. The home is newer than 87% of Winnipeg, but what about its street?
While modern compared to the whole city, on its own street it ranks in the top 82% for age, meaning it is actually one of the older homes among its immediate neighbours, which can suggest a mature streetscape.
5. What is the significance of the assessed value?
The assessed value of $709,000 is a municipal valuation for tax purposes and often differs from market value. However, ranking in the top 3% of Winnipeg for assessed value strongly indicates the city views this as a high-caliber property relative to the market.