Property Overview
This well-maintained, one-storey home in Bridgwater Forest offers a practical layout and modern updates. Built in 2015, its key appeal lies in a recently renovated basement, adding valuable finished living space to the 1,643 sqft footprint. The property sits on a generous 5,140 sqft lot with an attached garage. While the living area is more compact compared to some neighbours, the home ranks highly for its newer construction age and notably low assessed value within Winnipeg, suggesting a favourable tax position. Its history shows steady value appreciation since 2017.
This home would suit first-time buyers or downsizers seeking a modern, low-maintenance property in a popular suburban community without a premium price tag. It’s also a sensible option for value-focused buyers who prioritize a move-in-ready condition with a finished basement over having a larger main-floor square footage.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
The living area is more compact than many homes in Bridgwater Forest, ranking in the lower half for the neighbourhood. However, the lot size is above average for the immediate street, and the renovated basement significantly expands the usable space.
2. What does the assessed value indicate?
The assessed value is notably low, ranking in the top 4% for Winnipeg. This typically correlates with lower property taxes, which is a significant long-term advantage, though the municipal assessment can differ from market value.
3. Has the property appreciated in value?
Yes. Public sales data shows a clear increase from $590k in 2017 to $747.5k in 2018. This indicates solid historical growth during that period.
4. Is the home relatively modern?
Yes. Built in 2015, it is newer than approximately 92% of homes in both the neighbourhood and Winnipeg, suggesting contemporary building standards and less immediate concern for major system replacements.
5. What is the immediate streetscape like?
The home is part of a very uniform streetscape, with neighbouring homes built around the same time. The rankings suggest the lot and building size are fairly typical for this specific section of Highland Creek Road.