Property Overview: 35 Highland Creek Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home, built in 2011, presents a compelling opportunity in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in a combination of generous space and a solid, modern foundation. With over 2,300 square feet of living area on a large 6,112 sqft lot, it offers ample room for family life. The attached garage and unrenovated basement provide practical utility and potential for future customization.
The home’s standout feature is its relative value within the broader Winnipeg market. It ranks in the top 4% of the city for living area and the top 3% for assessed value, suggesting you get significant square footage for the price point compared to most Winnipeg properties. While it is a newer home in a desirable master-planned community, its interior condition may appeal to buyers looking for a blank canvas or who prefer to put their own stamp on finishes over time. This property would suit a growing family seeking space in a well-regarded area, or a value-conscious buyer who sees potential in a home that hasn’t been recently updated. It’s a practical choice for those prioritizing lot size and floor plan over move-in-ready perfection.
Frequently Asked Questions
1. What does "Basement: Yes, not renovated" mean?
It confirms the home has a full basement, but it is in its original state from 2011. It’s finished as livable space but may require updating or personalization to suit your needs.
2. How should I interpret the ranking percentages?
The rankings compare this property to others on its street, in Bridgwater Forest, and across all of Winnipeg. For example, being in the "Top 4%" for living area in Winnipeg means 96% of city homes are smaller. This helps gauge how its key metrics stack up in different contexts.
3. The home sold in 2021 for $710k, but the assessed value is much lower. Why?
Municipal assessed value for property taxes is rarely equal to current market value. The 2021 sale price is a useful historical data point, but the market has likely changed since then. The assessment is an administrative valuation, not an appraisal.
4. Is the lot size typical for the area?
At over 6,000 sqft, the lot is larger than average for its immediate street (ranking better than 32% of neighbours) but is a very strong size for Winnipeg overall. It offers good outdoor space for a newer community.
5. What is the significance of the "Similar Assessed Value" list?
These are properties across Winnipeg that share the same municipal assessment value. They are not necessarily similar in style, location, or condition, but they indicate what price point the city has grouped this home with for taxation purposes.