Section 1: Property Overview
This well-maintained one-storey home in Bridgwater Forest offers a practical and modern living space. Its key appeal lies in a combination of a generous, 5,776 sqft lot and a recently renovated basement, providing room to grow and customize. Built in 2012, the home is newer than the majority in Winnipeg, suggesting contemporary construction standards. The attached garage and single-level layout add to its everyday convenience.
The property’s value proposition is nuanced. While its living area is on the modest side for the immediate street, its lot size is above average for the neighbourhood, offering valuable outdoor space. The assessed value is strong compared to the wider city, indicating a solid long-term investment in a desirable area. This home would suit first-time buyers or downsizers seeking a low-maintenance, modern property with a blank-canvas backyard for gardening or recreation, or a buyer looking for a home where significant structural updates are already addressed with the basement renovation.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the area?
The lot is 5,776 sqft, which is larger than over half of the properties in Bridgwater Forest. This is a notable feature, as the living space inside is more standard for the area, meaning the property’s value is bolstered by its generous outdoor space.
2. The living area rank on the street is low. Should I be concerned?
This indicates the home has a smaller footprint than its direct neighbours on Highland Creek Road, which are typically larger. It doesn’t reflect condition. It simply means this is one of the more compact homes on this specific block, which can be attractive for lower maintenance and utility costs.
3. What does the sold price history tell us?
The home sold in May 2023 for $60,100, which was close to its current assessed value of $57,100. This recent sale provides a concrete, modern benchmark for its market value, showing stability in a relatively short timeframe.
4. Is the basement renovation a major factor?
Yes. A renovated basement in a 12-year-old home immediately adds functional living space without the need for a major project. It’s a key feature that differentiates it from similar homes that may have unfinished lower levels.
5. Who is the typical buyer in Bridgwater Forest?
Bridgwater Forest is a popular, planned community. It often attracts young families, professionals, and buyers seeking a modern neighbourhood with newer amenities and infrastructure. This particular home, being a one-storey, might also appeal to those looking for accessible living without stairs.