Property Overview: 51 Clovercrest Bay, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home, built in 2010, sits on a generous 7,489 sqft lot in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its established yet modern foundation and strong positional value within the community. With 2,392 sqft of living space, an attached garage, and an unrenovated basement, it offers a solid canvas for personalization.
The home’s standout feature is its consistent ranking above average in key metrics. It places in the top 15% of the neighbourhood for living area and in the top 3% city-wide, indicating a spacious interior relative to most Winnipeg homes. Its recent sale price (May 2024, $68.50k) also ranks in the top 4% for the city, suggesting a desirable location or property attributes that commanded a premium. The lot size is notably larger than two-thirds of the homes on its street, providing excellent outdoor potential.
This property would suit a buyer looking for a well-sized family home in a mature, planned community. It’s ideal for someone who values space and location over immediate move-in perfection, as the basement presents a clear opportunity to add value and tailor the home to specific needs. It’s a practical choice for long-term residents who appreciate the stability of a 16-year-old home in a top-performing area of Winnipeg.
Frequently Asked Questions
1. What does the "unrenovated basement" condition imply?
It means the basement is functional but in its original state from 2010. It’s a blank slate—finished but likely with basic amenities—allowing the next owner to update it to their taste and potentially increase the home's value.
2. The assessed value is listed at $64.30k, but it sold for $68.50k. Why the difference?
Municipal assessed value is for tax purposes and can lag behind the current market. The recent sale price is a more accurate reflection of the home’s actual market value, indicating strong buyer demand for this specific property.
3. How established is the neighbourhood and landscaping?
Built in 2010, Bridgwater Forest is a mature, planned community. At 16 years old, this home’s lot likely has developed trees and gardens, offering a more settled feel compared to brand-new subdivisions.
4. The home ranks highly for space city-wide, but only in the middle for its build year in the neighbourhood. What does this mean?
It highlights that Bridgwater Forest is a community of relatively newer, modern homes. While this house is not the newest on the block, it offers more interior space than the vast majority of homes across Winnipeg, which is a significant advantage.
5. Who is the typical buyer in this area?
Bridgwater Forest often attracts families and professionals seeking a balance of modern amenities, community planning (like parks and pathways), and a convenient location with good access to major routes. This home, with its space and lot size, fits that profile perfectly.