Property Overview: 27 Prominence Point, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in the sought-after Bridgwater Forest neighbourhood presents a compelling blend of space, location, and established value. Built in 2010, its key features include a renovated basement, an attached garage, and a generous 2,495 sqft of living area, which ranks within the top 10% of the neighbourhood. The lot is a significant standout at approximately 12,500 sqft, offering ample outdoor space that is rare for newer communities.
The appeal lies in its position within a mature pocket of Bridgwater Forest, offering the benefits of a well-developed area with parks and pathways, while the data suggests a property that has consistently held value above most peers. Its assessed value places it in the top 1% citywide, indicating strong official valuation. The home suits buyers looking for a move-in ready, spacious family home in a popular suburban setting, particularly those who prioritize a large yard over a brand-new build. A thoughtful perspective is that while the home is newer, its 2010 build date means major components are approaching mid-life, so buyers value the established neighbourhood and lot size over the absolute newest construction.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The 12,497 sqft land area is exceptionally large, ranking better than 97% of all properties in Winnipeg. This is a defining characteristic, offering far more outdoor space than most modern subdivisions.
2. The home sold in 2020 for $82.5k, but is now assessed at $93.5k. What does this mean?
The assessed value is the city's valuation for property tax purposes, which has increased significantly since the last sale. Market value can differ, but this gap suggests substantial appreciation in the municipality's view, placing it in the top 1% of Winnipeg assessments.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite or additional bedrooms are not detailed here. This would be a key point for your viewing and inspection.
4. The year built ranks lower in the neighbourhood than other metrics. Why?
While the home is only 16 years old, Bridgwater Forest has continued to develop with newer homes. It ranks better than 87% of Winnipeg, but only 29% within its own neighbourhood, meaning it's in an older, more established section of this popular community.
5. How does this property fit within its immediate street?
The data shows a mix: it has a top-tier lot size and living area on Prominence Point, but its assessed value is around the middle of the street. This could indicate a home with superior fundamentals (space) that has room for cosmetic updates relative to some direct neighbours.