27 Appletree Crescent

Property Overview: 27 Appletree Crescent, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This well-maintained one-storey home in the popular Bridgwater Forest neighbourhood offers a practical layout on a generously sized lot. Its key features include a renovated basement and an attached garage. Built in 2009, the home presents a move-in-ready opportunity with modern fundamentals.

The primary appeal lies in its balance of space and location. The lot is notably larger than most in the area, ranking in the top 24% on its street, which offers room for outdoor living and sets it apart from newer, more densely packed subdivisions. While the living area is average for the neighbourhood, the renovated basement effectively expands the usable space. Its assessed value ranks highly city-wide (top 7%), suggesting a strong underlying value proposition relative to Winnipeg’s broader market.

This property would suit a buyer looking for a established, low-maintenance home in a family-oriented community. It’s ideal for first-time buyers, downsizers, or anyone seeking the convenience of single-level living without compromising on yard size. The numbers indicate it may represent a solid value for a purchaser who prioritizes lot dimensions and a turn-key condition over having the newest home on the block.

Section 2: Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
This property’s lot of 6,716 sq ft is significantly larger than many found in newer phases of Bridgwater and similar modern communities, where lots are often narrower and deeper. This provides more lateral space and privacy.

2. The home sold for less in 2020 than in 2017. What does this indicate?
Market fluctuations, specific sale conditions, or updates made between those dates can affect sale prices. The 2020 sale likely reflects the market at that specific time and does not necessarily diminish the home’s current value or appeal, especially given its strong assessed value ranking.

3. Is the living space sufficient for a growing family?
At 1,550 sq ft (plus a renovated basement), the home offers functional space for a small to medium-sized family. The single-storey layout may be preferable for young children or accessibility, but those needing many separate bedrooms or defined formal areas should consider the floorplan carefully.

4. What does the "renovated basement" typically include?
While specifics should be verified, in homes of this age and area, a renovated basement usually means it is finished as a livable space—likely including a recreation room, additional bedroom(s), and a bathroom—adding significant functional square footage.

5. Why is the assessed value so much lower than the historical sale prices?
This is standard. Municipal assessed value for property tax purposes is not an appraisal of market value. It is a formula-driven figure that often lags behind the current real estate market. The historical sale prices are a more direct indicator of its market value.