Property Overview: 26 Beddington Street, Bridgwater Forest
Key Characteristics & Appeal
This well-maintained two-storey home in Bridgwater Forest offers a blend of modern comfort and established community living. Built in 2015, the property sits on a spacious 5,140 sqft lot and features 2,393 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in a solid, move-in-ready foundation within a popular, master-planned neighbourhood.
The home’s standout characteristic is its exceptional value proposition. With an assessed value ranking in the top 1% for Winnipeg and top 7% on its street, it presents a notably high municipal valuation for its category. This suggests a property that has been well-maintained or upgraded relative to its peers. The living area is also spacious, ranking in the top 3% citywide. It suits buyers looking for a family-friendly home in a newer community without the premium of a brand-new build, and it’s particularly compelling for value-conscious purchasers who appreciate strong assessed value metrics as a sign of a sound investment. The renovated basement adds immediate functional space for a growing family, a home office, or entertainment.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that the City of Winnipeg’s assessment for this property is higher than 99% of all residential properties in the city. This can reflect desirable characteristics, updates, or lot value, and is a key data point for understanding its municipal valuation, though market price is determined by buyers.
2. Is the house newer or older than most in Bridgwater Forest?
At 11 years old (built 2015), it is newer than 92% of properties in the neighbourhood, placing it in the top 8%. You’re getting a relatively modern home in a community that still has newer construction, offering established landscaping and settled infrastructure.
3. How does the lot size compare?
The 5,140 sqft lot is larger than average for the street (top 27%) and neighbourhood (top 54%). It provides good outdoor space, which is a valuable asset in a newer subdivision where lot sizes can vary.
4. What is the history of price changes?
The last recorded sale was in July 2019 for $474,800. The current assessed value is $93,700 higher than that sale price. This significant gap suggests substantial market appreciation, renovations, or a reassessment that recognized value not captured in the 2019 sale.
5. Are comparable properties nearby?
Yes, the listing shows several nearby homes on the same street and cul-de-sac, indicating a tight-knit, established streetscape. For value comparison, it also lists homes with identical assessed values in other mature, upscale neighbourhoods like Elm Park and South Tuxedo, providing a useful benchmark.