Property Overview & Key Characteristics
This one-storey home in Bridgwater Forest is a well-situated, low-maintenance property built in 2009. Its key appeal lies in a combination of a renovated basement, an attached garage, and a generous, flat lot that is larger than most on its street. The home offers a practical 1,554 sqft of living space.
The data suggests a property with solid fundamentals. It ranks highly for its newer age and low assessed value relative to Winnipeg, indicating a potentially efficient tax position. Its lot size is a standout feature on the street, offering more outdoor space than many neighbours. The renovated basement adds immediate functional living area without the need for future work.
This home would suit first-time buyers or downsizers looking for a move-in-ready, single-level layout in a modern neighbourhood. It’s also a pragmatic choice for value-focused buyers who appreciate a larger yard and recent updates, without the premium price of a brand-new build.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in September 2020 for $490,000. Its current assessed value is $57,800. It’s important to note that assessed value is for municipal tax purposes and is typically much lower than market value; the sale price from 2020 is a more relevant indicator of its market worth.
2. Is the lot size a major advantage?
Yes. At nearly 4,900 sqft, the lot is larger than 81% of others on Brockington Avenue. This provides more private outdoor space than is typical for the street, which is a valuable and less changeable feature than the home itself.
3. How does this home rank for space within the neighbourhood?
With 1,554 sqft of living area, this home is smaller than average for Bridgwater Forest, ranking in the top 62% (meaning 38% of homes are larger). Buyers should consider if the layout and renovated basement provide enough space for their needs compared to other available options.
4. What does the "Sold" ranking indicate?
The data shows the 2020 sale price of $490k was higher than 81% of Winnipeg home sales at that time, but lower than 68% of sales within Bridgwater Forest itself. This suggests the property was a premium purchase city-wide, but positioned in the lower third for price within its own desirable neighbourhood.
5. Are the comparison properties truly similar?
The listed "similar assessed value" properties are only similar in their municipal tax assessment. They are in entirely different neighbourhoods across Winnipeg, which have vastly different market values, amenities, and lot sizes. This highlights that assessment value is not a tool for comparing market price between different areas.