Property Overview
This two-storey home in Bridgwater Forest is a well-established property that balances space, recent updates, and value within a popular Winnipeg community. Built in 2009, its key appeal lies in its generous living area and a renovated basement, offering a modern, move-in-ready feel. The data suggests it stands out on its street for its size and recent sale value, indicating a home that has been maintained and upgraded.
Key Characteristics & Ideal Buyer
The home’s primary strength is its spaciousness. With over 2,400 sqft of living area, it ranks in the top 10% on its street and top 3% citywide for size, offering ample room for family life. The renovated basement adds significant functional space. While the lot is average for the area, the home itself presents strong value, evidenced by its assessed value and recent sale price ranking highly against citywide averages.
Its appeal is multifaceted: it suits growing families seeking space without the premium of a brand-new build, and value-conscious buyers who appreciate a home with recent renovations (like the basement) already completed. A less obvious perspective is its appeal to buyers who prefer a settled, established neighbourhood where the home’s initial "newness" phase is past, but its core structure and systems are still relatively modern. The strong rankings in sale price versus neighbours suggest it may have features or finishes that set it apart, making it a prudent choice for buyers wary of overpaying for a similar-sized home in the area.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks exceptionally well for living space (top 9% on the street) and its last sold price was the highest on the street (top 3%). This indicates it is one of the larger and more valuable homes in its immediate vicinity.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope (e.g., finished rooms, bathroom, quality of finishes) is not detailed. This is a key point for buyers to clarify with their agent or through a viewing.
3. Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value ($62.3k) is for municipal tax purposes. The home sold for $650k in 2023, which is a more accurate reflection of its current market value. The high citywide ranking (top 6%) of the assessed value does, however, signal the property is considered valuable by the city assessor.
4. The home is 17 years old. What should I be aware of?
While still relatively modern, key components like the roof, HVAC system, and major appliances may be nearing the end of their typical lifespans. A thorough home inspection is recommended to assess their condition and plan for potential future updates.
5. How does Bridgwater Forest compare to other Winnipeg neighbourhoods?
The data shows this home ranks highly in size and value compared to all of Winnipeg. Bridgwater Forest is a master-planned community known for its amenities, trails, and newer housing stock. This property offers the community benefits in a home that is more established than many in the area.