Property Overview & Key Characteristics
This 2010-built cabover home in Bridgwater Forest offers a modern, low-maintenance lifestyle on a generous 4,407 sqft lot. Its key appeal lies in a balance of space, recent updates, and strong value metrics. The home features a renovated basement and an attached garage, with a living area of 1,666 sqft. The data suggests it is a well-positioned property within its market: it ranks newer than 87% of homes in Winnipeg and has an assessed value higher than 90% of the city. This indicates a property that has kept pace with or exceeded area appreciation.
Its primary appeal is to pragmatic buyers seeking a turn-key home in a popular, newer neighbourhood without the premium of a brand-new build. It would suit young families or professionals attracted to Bridgwater Forest’s amenities and pathways, as well as value-conscious buyers who appreciate the updated basement and the solid investment profile reflected in its above-average assessment rankings. A less obvious perspective is that its strong city-wide rankings for year-built and value could offer a sense of resilience compared to older areas, while the "cabover" style typically offers efficient use of square footage.
Frequently Asked Questions
1. What does the ranking data actually mean?
The percentile rankings compare this property against others on its street, in Bridgwater Forest, and across all of Winnipeg. For example, being newer than 87% of Winnipeg homes means it’s a relatively modern property city-wide, which can be attractive for maintenance and efficiency.
2. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not state it is a legal secondary suite. Buyers should verify with the municipality and the seller to confirm the permitted use and any associated rental income potential.
3. How does the 2023 sale price relate to the current asking price?
The property sold in February 2023 for $56.20k, which matches its current assessed value. This provides a clear, recent benchmark. The asking price will reflect current market conditions, any further improvements, and seller motivation since that last sale.
4. What are the implications of a "cabover" building type?
A cabover (or cabriolet) design typically places the master bedroom over the garage. This often creates a more efficient floor plan on the main level. It’s a common style in newer neighbourhoods, but some buyers prefer to be aware of this layout for noise or temperature considerations above the garage.
5. How does the lot size compare in this area?
At 4,407 sqft, the lot is larger than 44% of those on Kentland Road. In Bridgwater Forest, lots can vary, so this represents a better-than-average outdoor space for the immediate street, which is a plus for privacy and recreation.