54 Abbeydale Crescent

Property Overview: 54 Abbeydale Crescent, Bridgwater Forest

Key Characteristics, Appeal & Ideal Buyer

This 2010-built, one-storey home in Bridgwater Forest sits on a spacious 4,063 sqft lot, offering more yard space than many in the immediate area. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its balance of a newer build within a well-established, family-oriented neighbourhood. While the living area is modest at 1,086 sqft, the significant lot size presents an opportunity for outdoor living or future expansion.

The property’s value proposition is nuanced. It ranks highly for its newer age compared to most of Winnipeg and holds a strong assessed value ranking city-wide. However, within its own street and neighbourhood, metrics for size and value are more modest, suggesting it may be a competitively priced entry point into the sought-after Bridgwater Forest community. This home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a modern suburb, who prioritize lot potential over interior square footage and value the stability of a 16-year-old home over a brand-new build.

Frequently Asked Questions

1. How does the lot size compare to others nearby?
At over 4,000 sqft, the lot is larger than 65% of properties on Abbeydale Crescent, offering more private outdoor space than many in the immediate area.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is needed for details on the scope of work, ceiling height, and permitted uses.

3. The home sold in 2018 for $34.9k; why is the assessed value now $47.4k?
The 2018 sale price appears to be an outlier, potentially reflecting a non-arms-length transaction or unique circumstances. The current assessed value of $47.4k is a municipal assessment for tax purposes and is more aligned with typical area values, ranking in the top 22% city-wide.

4. Is the property a good investment compared to the neighbourhood?
The data presents a mixed picture. The home ranks in the top 13% for age in Winnipeg, a positive. Yet, for living area and some value metrics, it ranks in the lower tiers within Bridgwater Forest itself. This could indicate potential for value growth through updates, making it a candidate for a buyer willing to add value over time.

5. What are the implications of the detached garage?
A detached garage offers flexibility, potentially allowing for a workshop space separated from the house. It may also simplify future landscaping or home expansion projects. However, it requires going outdoors to access your vehicle, a consideration during Winnipeg winters.