Property Overview
This well-maintained one-storey home in Bridgwater Forest offers practical, single-level living on a spacious lot. Built in 2011, its key appeal lies in a desirable combination of a renovated basement and a larger-than-average property footprint for the area. While the living space is compact, the nearly 5,000 sqft lot provides excellent outdoor potential. The home’s assessed value ranks highly city-wide, suggesting solid long-term investment in a mature, family-friendly neighbourhood. It would suit first-time buyers, downsizers seeking minimal stairs, or investors looking for a turnkey property with modern updates and room to grow outdoors.
Key Details & FAQs
Key Characteristics & Appeal
- Layout & Lot: A practical one-storey design (1,224 sqft) on a notably large 5,030 sqft lot, offering easy living indoors and ample yard space.
- Updates & Features: Includes a renovated basement and an attached garage. The home is newer than most in Winnipeg, built in 2011.
- Market Position: The property's assessed value places it in the top 15% city-wide, indicating strong value retention. It sits on a quiet street, ranking above average for the area.
- Ideal Buyer: Perfect for those prioritizing minimal maintenance and single-level flow, like first-time homeowners or downsizers. The large lot also appeals to buyers envisioning gardens, play space, or future additions.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,030 sqft lot is larger than over half the properties on the same street and in the neighbourhood, offering more private outdoor space than many comparable homes.
2. The living area seems modest. How is the space utilized?
While the above-grade living area is compact, the presence of a renovated basement significantly expands the usable space, likely adding recreational, utility, or guest areas.
3. What does the assessed value ranking tell us?
Ranking in the top 15% in Winnipeg for assessed value suggests the property is viewed by the assessor as a high-value asset relative to the market, which can be a positive indicator for equity and stability.
4. Is the price based on the recent sale history?
The last recorded sale was in 2017. The current asking price will reflect market conditions since then, along with the renovated basement and the property's strong assessed value.
5. Who might this neighbourhood suit?
Bridgwater Forest is an established community with a mix of homes. This property, being on a larger lot, offers a sense of space while being part of a connected, family-oriented area with easy access to city amenities.