31 Appletree Crescent

Property Overview: 31 Appletree Crescent, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Forest neighbourhood offers a blend of modern comfort and established community living. Built in 2009, it sits on a large, 6,908 sqft lot, providing ample outdoor space that ranks well above average for its street and the city. The 2,407 sqft living area is spacious, placing it in the top tier of homes in Winnipeg for size. A key feature is the renovated basement, adding valuable finished living space. Notably, the home has a high assessed value relative to its last sale price in 2016, suggesting significant equity growth and solid market standing.

The appeal lies in its position within a desirable, master-planned community known for its pathways, parks, and family-friendly amenities. It suits buyers looking for a move-in ready home with room to grow, both indoors and out, without the wait and premium of a new build. It’s particularly well-suited for families or professionals seeking a established property in a top-ranked Winnipeg neighbourhood, where the lot size and living space offer long-term value that newer infill developments often can't match. The lack of a garage may appeal to those prioritizing yard space or who have alternative parking arrangements.

Section 2: Frequently Asked Questions

1. How does the lack of a garage impact daily life and property value?
While a garage is a common feature, its absence here is reflected in the property's history and pricing. It means more yard space and lower maintenance, but buyers should plan for driveway parking and consider the cost of adding a shed or future garage if needed for storage or vehicles.

2. The assessed value is significantly higher than the 2016 sale price. What does this indicate?
This typically reflects strong market appreciation in Bridgwater Forest over the past eight years. It suggests the owner has built substantial equity. For a buyer, it underscores the area's desirability, but it's important to note that assessed value is for taxation purposes; market value is determined by current sale prices.

3. The home is 17 years old. What should I be mindful of?
A home of this age may be approaching the time for updates to major components like the roof, HVAC system, or appliances. A thorough inspection is advised. On the positive side, any initial "new home" settling issues are long resolved, and the neighbourhood's landscaping is mature.

4. The lot is large, but what are the maintenance implications?
A nearly 7,000 sqft lot offers great space for gardening, play, or entertaining, but it also requires more time and expense for lawn care, gardening, and snow clearing than a standard lot. This is a plus for those who enjoy outdoor projects but a consideration for those seeking low-maintenance living.

5. How does this property rank for "newness" in its own neighbourhood?
Interestingly, while the home ranks very well for size and value in Bridgwater Forest, it is older than about 89% of homes in the immediate neighbourhood. This indicates Bridgwater Forest is a relatively new community with many recent builds. This property offers a more established setting on a larger lot compared to newer, potentially denser constructions nearby.