Property Overview & Key Characteristics
This 2011-built, one-storey home in Bridgwater Forest sits on a generous 6,423 sqft lot, which is notably larger than most in the immediate area. Its key appeal lies in a combination of space, location, and value. The home features a renovated basement and an attached garage, offering modern, low-maintenance living. Its standout characteristic is its strong position in broader metrics: the lot size, building age, and assessed value all rank in the top 25% or better city-wide, suggesting a property that holds inherent value within Winnipeg’s market. However, its living area is more modest relative to the neighbourhood.
The property would suit a few specific buyer types perfectly. First, it’s ideal for downsizers or empty-nesters seeking a single-level layout in a mature, planned community without compromising on yard space. Second, it appeals to value-conscious buyers who prioritize a premium lot and a solid, modern foundation over sheer interior square footage, possibly seeing the renovated basement as flexible space for family, hobbies, or a home office. It’s a home for those who find appeal in established community amenities and a property whose core assets—land and location—are statistically strong.
Frequently Asked Questions
1. How does the lot size compare to newer builds in the area?
At over 6,400 sqft, this lot is significantly larger than many found in newer subdivisions. It offers more outdoor space for gardening, recreation, or future additions, which is a growing rarity.
2. The living area ranks lower locally; is the home small?
At 1,822 sqft, the living area is average for Winnipeg but modest for Bridgwater Forest. The appeal here is balanced: you trade some interior space for a larger lot and a desirable single-storey layout. The renovated basement effectively adds usable space.
3. What does the high city-wide ranking for assessed value indicate?
An assessed value ranking in the top 4% in Winnipeg suggests the property is officially valued much higher than the typical city home. This often reflects a desirable location and physical attributes, but it's important to compare this to recent local sale prices for context.
4. The last sale was in 2017; what should I consider?
Since the 2017 sale, the basement has been renovated. Market conditions have also evolved significantly. A current appraisal and review of very recent neighbourhood sales are essential to understand its present market value.
5. Who is the typical buyer in Bridgwater Forest?
The community attracts a mix of young families and professionals, drawn to its trails, parks, and planned amenities. This particular one-storey home, however, may have stronger appeal for those looking to avoid stairs, suggesting a slightly different demographic than the neighbourhood average.