Property Overview: 55 Abbeydale Crescent, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This two-storey home in the popular Bridgwater Forest neighbourhood offers a blend of modern living and established community. Built in 2011, it sits on a generous 4,228 sqft lot, providing ample outdoor space that is larger than most on its street. The home itself features 1,757 sqft of living space, a renovated basement, and an attached garage.
Its primary appeal lies in its balance of relative value and move-in readiness within a sought-after, master-planned area. The renovated basement adds immediate functional space without the need for projects. While its assessed value ranks highly city-wide, the home’s metrics within its immediate street and neighbourhood suggest it may represent a more accessible entry point into Bridgwater Forest compared to newer or larger properties nearby. This would suit first-time buyers or young families looking for a established home in a family-oriented community, as well as value-conscious buyers who prioritize lot size and finished space over being in the absolute top tier of the neighbourhood’s newer inventory.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
The home is well-established within the community, now 15 years old. It ranks in the top half of the neighbourhood for lot size and living area, but its assessed value is in the lower third. This indicates it may offer more space for the price compared to newer builds in the 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 necessary to understand the scope, quality, and permitted status of the renovations.
3. Is the property in a flood zone or have any known issues?
This information is not provided in the basic details. Due diligence, including a review of property disclosure statements and potential independent inspections, is essential for any buyer.
4. Why was the last sale price in 2020 significantly lower than the current assessed value?
The 2020 sale price of $428,000 was below the current assessed value of $522,000. Market-wide appreciation over four years, along with the basement renovation, likely contributed to this increase. It’s a reminder that assessed value is an estimate for taxation, not a guaranteed market price.
5. What are the typical amenities and fees in Bridgwater Forest?
As a master-planned community, Bridgwater Forest often includes access to parks, pathways, and water features maintained by a community association. Buyers should inquire about any annual or monthly fees associated with these amenities.