Property Overview
This two-storey home in Bridgwater Forest is a well-maintained property built in 2011, offering a balance of modern living and established community appeal. Its key feature is a renovated basement, adding valuable finished space to the 1,743 sqft living area. The home sits on a generous 4,411 sqft lot with an attached garage. Market history shows steady appreciation, with the last sale in July 2022 at $631,000.
Key Characteristics & Appeal
The primary appeal of this home lies in its move-in readiness, highlighted by the renovated basement, which immediately adds functional space for a family, home office, or recreation. Its 2011 build date means it’s past the initial settling phase of a brand-new home but is still modern, likely featuring contemporary layouts and efficient systems. The lot size is a significant asset, offering more outdoor space than many in the immediate street and neighbourhood.
It would suit practical buyers looking for a settled home in a popular master-planned community without the premium of a brand-new build. It’s an ideal match for a young family seeking space to grow, or for professionals who value the low-maintenance aspect of a relatively recent build combined with the added value of recent renovations. A less obvious perspective is its appeal to value-conscious buyers who see potential in the above-average lot size for the area, viewing it as a long-term asset for expansion or landscaping that smaller lots cannot accommodate.
Frequently Asked Questions
1. How does this property compare to others on the street?
The home has a larger-than-average lot for Maple Creek Road but a living area that is on the modest side compared to direct neighbours. Its assessed value is in the lower third for the street, which may reflect its interior size or present a value opportunity relative to nearby homes.
2. What does the sale history indicate?
The property has shown consistent appreciation over its last three sales (2016, 2021, 2022), with a significant jump in the last transaction. This suggests strong market confidence in the Bridgwater Forest area and in this specific home.
3. Is the renovated basement permitted?
This is a critical verification step. Prospective buyers should request documentation from the seller to confirm that all renovations were completed with the necessary city permits and inspections to ensure safety and compliance.
4. What are the annual property taxes?
The assessed value is $563,000. Buyers should contact the city or their agent for the exact annual tax amount, as it is calculated by applying the annual municipal tax rate to this assessed value.
5. How does the neighbourhood ranking affect value?
The provided rankings show the home is in the top tier for year built in Winnipeg (newer than 88% of homes) but ranks lower for living area within its own neighbourhood. This highlights a trade-off: you are buying into a newer community with modern infrastructure, but within that community, this is a more compact home on a good-sized lot.