Property Overview
This 2017-built, one-storey home in Bridgwater Forest sits on a large, 12,570 sqft lot, offering a rare combination of newer construction and substantial outdoor space. Its appeal lies in its modern foundation paired with significant future potential. The home features an attached garage and a full, unrenovated basement, presenting a clean canvas for customization. Recent sale and assessment values are consistently high, placing it in the top tier of Winnipeg properties, which speaks to its desirability and the perceived stability of the investment.
The property is ideally suited for two main types of buyers. First, it’s a strong match for a growing family seeking a move-in ready home in a sought-after newer community, with the lot size providing ample room for children and future additions like a deck or playset. Second, it would appeal to a buyer with a renovation or expansion vision, as the unrenovated basement and large lot offer clear opportunities to increase both living space and property value over time.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The property’s lot is larger than 82% of others on its street and 96% within Bridgwater Forest, making it exceptionally spacious for the neighbourhood. This is a key differentiator in a newer community where lots are often smaller.
2. The basement is noted as "not renovated." What condition is it in?
As a 2017 build, the basement is likely fully developed and insulated but finished with basic, builder-grade materials. It’s functional and clean, but not customized—think standard flooring, paint, and fixtures, ready for your personal touch.
3. How does the recent sale price compare to the assessed value?
The home sold for $1,100,000 in February 2025, which is $60,000 above its $1,040,000 assessed value. This indicates strong market demand and buyer confidence exceeding the city’s valuation for this specific property.
4. Is the living area size typical for the area?
At 1,955 sqft, the living area is fairly standard for the street and neighbourhood, ranking near the middle. The home’s standout feature is its expansive lot, not its interior square footage relative to neighbours.
5. What is the significance of the "newer build" rankings?
Built in 2017, the home is newer than 92% of homes on its street and 98% in Bridgwater Forest. This means you benefit from modern building codes, materials, and systems, while most surrounding properties are of a similar vintage, ensuring neighbourhood consistency.