Property Overview
53 Coach Hill Road is a well-maintained, two-storey family home in the popular Bridgwater Forest neighbourhood. Built in 2012, it offers modern construction with over 2,100 square feet of living space on a generous 4,300+ sqft lot. The home features an attached garage and an unfinished basement, presenting a blank canvas for future expansion. Its appeal lies in its balance of established community living and the opportunity for personalization. Recent sale history shows steady value appreciation, and its rankings indicate it is a newer and more spacious home compared to most in Winnipeg, though it sits in a mid-range position within its immediate street and neighbourhood.
This property would suit a young family or a professional couple looking for a move-in ready home in a modern suburb, with the space and solid foundation to grow into over time. It’s also a sensible choice for a value-conscious buyer who sees potential in the unfinished basement to add both living space and equity down the line.
Key Questions for Buyers
1. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-oriented community in southwest Winnipeg. It features extensive pathways, parks, and nearby amenities like shopping plazas and schools, offering a contemporary suburban lifestyle.
2. Why is the assessed value significantly lower than recent sale prices?
Municipal assessed value for tax purposes often lags behind current market values, especially in appreciating markets. The 2023 sale price of $580k is a more accurate reflection of the home's recent market value.
3. What would finishing the basement involve?
The basement is described as "not renovated," meaning it is unfinished but ready for development. Buyers should budget for insulation, framing, drywall, flooring, and electrical work, and must obtain proper permits.
4. How does this home compare to others on the street?
The data shows a mix: the home is newer than 96% of houses on the street but ranks in the middle for lot and living area size. This suggests a street with varied home ages and sizes, where this property is one of the more modern builds.
5. What’s a less obvious thing to consider here?
The sale history shows a significant jump in value between 2016 and 2023. While some is market-wide appreciation, it also suggests the neighbourhood has matured and solidified its desirability. However, as one of the newer homes on the block, major component replacements (like roof or HVAC) are likely further off than they would be in an older home, a subtle financial advantage.