Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, low-maintenance property built in 2011. Its primary appeal lies in its balance of space, recent updates, and strong value metrics within a newer community. The home sits on a standard 4,063 sqft lot and features 1,766 sqft of living space, which is notably above average for its immediate street. A key feature is the renovated basement, adding functional living area.
The data suggests a property that has appreciated steadily and now sits in the top tier of its market segment. Its assessed value and last sold price (650k in 2022) rank in the top 10-12% for the street and top 5-10% citywide, indicating a perceived premium above many comparable homes. This isn't just a standard house in the area; it performs well on key financial benchmarks.
This home would suit buyers looking for a move-in ready, modern property in a planned neighbourhood, who value both interior updates and solid investment potential. It’s ideal for professionals or small families who appreciate space but not the upkeep of an older home or a large yard. The strong value rankings may particularly appeal to the financially-minded buyer who sees a property that has historically outpaced many of its neighbours in price growth.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in Bridgwater Forest, and across Winnipeg. For example, its living area is in the "Top 12%" on its street, meaning 88% of nearby homes have less interior space. This quantifies how it stands out locally.
2. The last sale was in 2022 for $650k. Is the current price likely higher?
While we don't have the current list price here, the 2022 sale price ranks in the top 5% for Winnipeg, showing a steep climb from its 2019 sale at $419k. This history suggests a rapidly appreciating property, and any current pricing would reflect subsequent market conditions.
3. How does the renovated basement add value?
Beyond the immediate utility of extra finished space, a renovation is a key differentiator in a neighbourhood of homes mostly built around the same time (2009-2011). It suggests less immediate work for a buyer compared to a basement in original condition.
4. The lot is noted as "standard" but the land area ranks "Better than 30%" on the street. Is that a concern?
Not necessarily. It indicates the lot is slightly above the street's average size, but lots in this newer community are generally uniform. The appeal here is more about the home's size and condition than an exceptionally large yard.
5. Who might this home not suit?
Buyers seeking a large, mature landscape or a highly unique character home may find the planned neighbourhood feel too uniform. Additionally, the premium price positioning means it's likely above the entry-point for the area, targeting buyers with more flexibility.