Property Overview: 43 Clovercrest Bay, Bridgwater Forest
Key Characteristics & Appeal
This well-situated, single-storey home in the popular Bridgwater Forest neighbourhood offers a practical and comfortable living space. Built in 2010, its key features include a renovated basement and an attached garage, situated on a generously sized lot of over 6,150 square feet. The home’s primary appeal lies in its established yet modern community setting and its strong value proposition within Winnipeg’s broader market. While its living space is more compact compared to some neighbours, this is balanced by the large, usable yard and the finished basement, which adds functional space.
The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a family-friendly area. It also represents a solid opportunity for value-conscious buyers who prioritize lot size and community amenities over a larger interior footprint. A thoughtful perspective is that this home occupies a "sweet spot" in the market: it's newer than most Winnipeg homes, yet established enough that the neighbourhood's landscaping and community feel are fully realized. The significant jump in its assessed value since 2016 also suggests it has been a sound investment in a desirable area.
Frequently Asked Questions
1. How does this home compare to others on the street?
It has one of the largest lots on Clovercrest Bay, ranking in the top 21% for land area. However, it has the smallest living area on the street. This trade-off means more outdoor space but a cozier interior layout.
2. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-oriented community in south Winnipeg. It offers extensive pathways, parks, ponds, and nearby shopping plazas, catering to an active lifestyle.
3. Why is the assessed value much lower than the last sale price?
Municipal assessed value for tax purposes is not a direct indicator of market value. The 2021 sale price of $500k is a more current reflection of its market worth, though conditions can change.
4. Is the basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income.
5. What does the sale history indicate?
The home sold for $500,000 in January 2021, a significant increase from its 2016 sale price of $48,500. This indicates strong appreciation in its first decade, though past performance doesn't guarantee future gains.