Property Overview
This two-storey home in Bridgwater Forest is a well-established property in a sought-after neighbourhood. Built in 2011, it sits on a generous 6,458 sqft lot, which is larger than over 80% of other lots on its street. The home itself offers 2,092 sqft of living space, placing it in the top 8% for size across Winnipeg. Key features include an attached garage and a renovated basement. Its current assessed value is $601,000, a figure that ranks in the top 7% citywide and suggests significant appreciation since its last sale in 2017 for $464,000.
The appeal lies in its combination of space, a mature lot, and a prime location within a master-planned community. It suits buyers looking for a move-in-ready family home in a desirable area, who value both interior updates and ample outdoor space. A thoughtful perspective is that while the home is not new, its "established" status means landscaping is mature and any initial neighbourhood growing pains are long past. The data indicates you're purchasing a property that has outperformed most in the city in terms of value growth, offering a blend of stability and proven investment.
Frequently Asked Questions
1. How does the lot size compare practically?
At over 6,400 sqft, the lot is notably larger than most in the immediate area. This translates to more private backyard space, greater potential for gardening or recreation, and typically more distance from neighbouring homes.
2. The assessed value seems high relative to the 2017 sale price. What does this mean?
The assessed value is used for municipal tax purposes and indicates the city's appraisal has risen significantly. While not a direct market price, it reflects strong value growth in the property and area over the past several years. A current market evaluation would be needed to determine the listing or sale price.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point of inquiry to understand if it's a finished recreational space, includes a bedroom or bathroom, and whether the renovations were permitted.
4. Is the property in a flood zone or have any known development plans nearby?
Bridgwater Forest is a modern, planned community. However, it's always prudent to verify current floodplain maps with the city and check for any upcoming infrastructure or construction projects that might affect the street or sightlines.
5. How does the age of the home (2011) affect maintenance?
A home of this age is likely past the initial warranty period but still relatively modern in its core systems. Buyers should anticipate standard maintenance and potentially consider the remaining lifespan of major components like the roof, HVAC, and appliances, which may be approaching or beyond a decade old.