Property Overview
55 Appletree Crescent is a well-maintained, one-storey home in Winnipeg's Bridgwater Forest neighbourhood. Built in 2012, it sits on a large, 5,749 sqft lot and features an attached garage and a renovated basement. Its appeal lies in offering modern, single-level living within a relatively new community. The home has demonstrated solid value appreciation, with its last sale price in 2023 significantly higher than its previous sale in 2021. The lot size and newer build age rank highly compared to much of Winnipeg, offering a sense of space and contemporary construction.
This property would suit first-time buyers or downsizers looking for a move-in ready home without stairs, thanks to its one-storey layout and updated basement. It also appeals to value-conscious buyers who prioritize a larger yard in a newer community. The strong percentile rankings for its assessed value city-wide suggest it is viewed as a stable asset within the Winnipeg market.
Key Questions for Prospective Buyers
1. How does the living area size compare to the neighbourhood?
At 1,566 sqft, the living area is smaller than most homes on the same street (ranking in the top 84%), but is closer to the middle range for the broader Bridgwater Forest neighbourhood and ranks above average for Winnipeg overall.
2. What do the price history and value rankings indicate?
The home sold for $590k in May 2023, a substantial increase from its $542k sale in April 2021. Its assessed value is in the top 8% for Winnipeg, suggesting official valuation is consistently strong. However, its sale price ranked slightly lower on its specific street in 2023, which may indicate it's a competitively priced option in a desirable local area.
3. Is the lot size a significant feature?
Yes. The lot is over 5,700 sqft, which ranks better than average for the street and neighbourhood. For a 2012 build, this is a notable amount of outdoor space, offering more room for gardening, play, or expansion than many newer properties.
4. Who might the "renovated basement" appeal to most?
The finished basement immediately adds flexible living space, which is a key asset for first-time buyers needing extra room for a home office, guests, or recreation without the cost and hassle of a renovation project.
5. How does the property fit within Bridgwater Forest?
The data shows a mix: it ranks very well for its newer build year in the area, but is on the smaller side for living space on its particular street. This suggests a street with larger or two-storey homes, meaning this property could offer a more affordable entry point to a well-regarded crescent while still benefiting from the community's overall amenities and newer infrastructure.