Property Overview: 3 Abbeydale Crescent, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in the popular Bridgwater Forest neighbourhood offers a blend of space, modern updates, and established community living. Its key appeal lies in its generous, above-average lot size (over 5,400 sq ft) and a fully renovated basement, providing significant room for family life or entertaining. Built in 2009, the home benefits from being past its initial "newness" while still being relatively modern, potentially meaning major components are not yet due for replacement.
The home’s standout feature is its financial and positional strength within its immediate area. It ranks in the top 7% of its street for assessed value and has a sold price history that outperforms most of Winnipeg, indicating it is viewed as a premium property on its crescent. This suggests a well-maintained home in a desirable micro-location. It would suit buyers looking for a move-in ready, single-level layout with a finished basement, ideal for growing families seeking space or downsizers wanting ease of living without compromising on room. The appeal is for a practical buyer who values a strong lot size, recent renovations, and a home with a proven value history in a mature, family-oriented pocket of a newer community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,436 sq ft, the lot is larger than 89% of properties on Abbeydale Crescent, making it a standout feature for outdoor space in this specific part of Bridgwater Forest.
2. The home was built in 2009. What might need attention soon?
While the basement has been renovated, a 17-year-old home may be approaching the time for updates or maintenance on original components like the roof, major appliances, or exterior finishes, which is a typical consideration for homes of this age.
3. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value ($62.5k) is for taxation purposes and is often significantly lower than market value. The home last sold for $600,000 in 2022, which is a more accurate reflection of its market price.
4. What do the "rank" percentages actually mean?
They show how this property compares to others. For example, "Better than 93% in same street" for assessed value means only 7% of homes on the street have a higher assessment, highlighting its relative standing.
5. Is the neighbourhood still developing?
Bridgwater Forest is an established community. With a home built in 2009, this property is in a mature section where landscaping and infrastructure are well-settled, unlike newer phases still under construction.