Property Overview
39 Poplar Point is a well-established, two-storey home in Bridgwater Forest, built in 2011. Its appeal lies in a combination of above-average space, a modern renovation, and strong value metrics within a popular Winnipeg neighbourhood. The home sits on a large lot (over 5,800 sq ft) and offers nearly 2,000 sq ft of living space, placing it in the top tiers for size both on its street and city-wide. Key features include a renovated basement and an attached garage. Recent sale and assessment data suggest it is a property that has historically held its value very well compared to local and city-wide benchmarks.
This home would suit a buyer looking for a move-in ready property in a mature area of Bridgwater Forest, avoiding the premium and wait times of new construction. It’s ideal for a growing family or professional couple who value interior space and a sizable yard, and who appreciate a home with a proven, stable financial history in the market.
Key Questions & Considerations
1. What does the "ranking" data actually mean?
The percentile rankings show how this property compares to others. For example, being "better than 90% in Winnipeg" for living area means it's larger than 90% of homes in the city. This data indicates the home consistently scores well above average in size, assessed value, and recent sale price against its peers.
2. The assessed value is much lower than the recent sale price. Why?
This is common. Municipal assessed values for taxation often lag behind current market values. The 2024 sale price of $620k is a more accurate reflection of its present market worth, and it significantly outperformed the city-wide average for sold prices at the time.
3. What is the neighbourhood like?
Bridgwater Forest is a planned, family-oriented community in south Winnipeg. This specific property is in a well-established section (15 years old), offering mature landscaping and settled streetscapes compared to newer phases still under development.
4. What are the less obvious points to consider?
The data suggests a pattern of consistent value. It's not just a large home; it's one that has commanded strong prices relative to its assessment and area. Also, while the basement is renovated, the main living areas are now 15 years old, so future buyers should budget for updates to kitchens or bathrooms to modernize beyond the basement finish.
5. How does it compare to the nearby reference property at 47 Almington Bay?
While in the same neighbourhood and built the same year, 39 Poplar Point offers over 500 sq ft more living space and has a higher assessed value, indicating it is likely a larger or more upgraded model on a larger lot, commanding a premium.