Property Overview
This well-situated home in Bridgwater Forest presents a compelling opportunity. Built in 2011, it is a one-storey home with an attached garage and a renovated basement. The property stands out for its generous 6,297 sqft lot, which is larger than most in the immediate area. Its strong assessed value ranks it in the top tier for the neighbourhood and city, suggesting a history of solid value retention. The appeal lies in its move-in-ready condition with a modernized lower level, combined with the established, family-friendly atmosphere of the community. It would suit downsizers or young families seeking single-level living without sacrificing space, as well as value-conscious buyers looking for a home with above-average financial metrics in a popular suburb.
Key Details & Considerations
- Key Characteristics: A 15-year-old, one-storey home on a large lot (6,297 sqft) in Bridgwater Forest. It features an attached garage and a renovated basement.
- Primary Appeal: The combination of a modernized living space, a sizable and private yard, and a location within a desirable planned community. The property's consistently high percentile rankings for assessed value indicate a sound investment.
- Ideal Buyer: This home is a strong match for those seeking single-level living, first-time buyers moving into a established neighbourhood, or families valuing outdoor space. Its financial profile also appeals to buyers with a long-term view on equity.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specific finishes aren't listed, a renovated basement in a home of this age and calibre usually means a finished space with proper flooring, drywall, and lighting, potentially adding a recreational room, extra bedroom, or home office. Verification of permits and the scope of work is always recommended.
2. How does the lot size compare practically?
At over 6,000 sqft, the lot is significantly larger than many newer suburban properties. This allows more room for gardening, play structures, patios, and privacy—a feature that is increasingly difficult to find and adds long-term value.
3. The assessed value seems high relative to the last sale price. What does this mean?
The assessed value is used for property tax calculation and is typically below market value. The increase from its 2021 sale price to the current assessment reflects strong market appreciation and supports the home's robust value ranking within Winnipeg. It's a positive indicator but not a direct price guarantee.
4. Is the home's age (2011) a concern?
Built 15 years ago, the home is past its brand-new warranty period but is still relatively modern. Key components like the roof, major appliances, and HVAC system may be nearing mid-life, so a thorough inspection is wise to anticipate any upcoming maintenance.
5. What is the neighbourhood vibe in Bridgwater Forest?
As a planned community, it offers a mix of younger families and established residents, with access to pathways, parks, and nearby amenities. The high rankings for area and value among nearby properties suggest a consistent and desirable streetscape.