Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2013. Its primary appeal lies in offering a balance of space, recent construction, and a desirable neighbourhood. With 2,375 sqft of living space and a renovated basement, it provides ample room for a growing or established family. The data suggests it stands out on its street, ranking in the top 5% for living area and being one of the newest homes in the immediate area. The attached garage and a nearly 5,000 sqft lot add to its practical, family-friendly layout.
The home’s recent sale price and assessed value indicate it is positioned in the upper tier of the local market. It would suit buyers looking for a move-in ready, relatively new home in a popular suburban community, who value space and modern amenities over an older, character property. A thoughtful perspective is that while newer, the 2013 build date means major components like the roof, HVAC, and appliances are approaching a stage where future maintenance should be budgeted for, unlike a brand-new build.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
Based on available metrics, this home ranks above average in the neighbourhood for size, assessed value, and newness. Its living area is in the top 16%, and it's newer than about 75% of homes in the area.
2. What is the significance of the assessed value versus the recent sale price?
The assessed value ($646,000) is for municipal tax purposes. The home sold for $630,000 in May 2024, which is the most current market indicator and shows it sold slightly below its assessed value at that time.
3. Is the lot size typical for the area?
At 4,958 sqft, the lot is slightly above the median for its street (top 42%), offering a bit more outdoor space than many immediate neighbours, but is generally consistent with the suburban lot sizes in Bridgwater Forest.
4. What might the "renovated basement" include?
The listing confirms the basement is renovated but does not specify details. A prospective buyer should inquire about the scope of the renovation, whether it includes a legal secondary suite, and if proper permits were obtained.
5. Are there any potential concerns with a home built in 2013?
A home of this age is past the initial builder warranty period. It’s advisable to have a thorough inspection focusing on the condition of major systems (furnace, water heater, shingles) and exterior finishes, which may be nearing the end of their typical lifespan.