Property Overview & Key Characteristics
This 2010-built home in Bridgwater Forest presents a compelling blend of space, location, and established value. Its key appeal lies in its generous proportions: the nearly 1,950 sq ft living area ranks in the top 10% for its street, and the lot size of over 5,800 sq ft is notably larger than most in the area. The home features an attached garage and a renovated basement, adding functional living space. Its assessed value and strong past sale price consistently rank in the top 10% citywide, indicating a well-regarded property in a desirable community.
The property would suit buyers looking for a move-in ready home in a mature, family-oriented neighbourhood. It’s ideal for those who prioritize interior space and a larger yard over having the absolute newest build. The strong value rankings suggest it appeals to pragmatic buyers seeking a home with a proven track record of stability in the Winnipeg market. A less obvious perspective is that a 16-year-old home in this area often represents a "sweet spot"—early issues are resolved, the community is fully established, and the landscaping is mature, yet the home is far from dated.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
At 5,839 sq ft, this lot is significantly larger than many found in newer subdivisions, offering more outdoor space for gardening, play, or entertaining.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the seller or listing agent.
3. The home was built in 2010. Are there any major components nearing replacement?
As a 16-year-old home, key components like the roof, major appliances, and the HVAC system may be approaching their typical lifespans. A thorough inspection is recommended to assess their condition.
4. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value (62.70k) is for taxation purposes and often lags behind market value. The 2021 sale price of 680k is a more accurate reflection of its recent market worth.
5. How does Bridgwater Forest compare to other Winnipeg communities for amenities and access?
Bridgwater Forest is a planned, family-focused community with parks, pathways, and nearby schools. Its appeal is its self-contained, suburban feel, though commuting access should be considered based on your daily needs.