Property Overview
This two-storey home in Bridgwater Forest is a well-positioned property that balances space, modernity, and location. Built in 2011, it sits on a generous 4,412 sqft lot and offers 2,109 sqft of living space. A key feature is its renovated basement, adding functional living area, and it includes an attached garage. The home’s appeal lies in its above-average rankings within its immediate street and the broader Winnipeg area for lot size, living space, and assessed value, suggesting a solid and desirable footprint. It particularly suits growing families or professionals looking for a move-in ready home in a modern suburb, offering room to grow without the need for major updates. A thoughtful perspective is its consistent value trajectory; while its last sale price in 2020 was mid-range for the street, its current assessed value ranks in the top tier, indicating strong perceived appreciation potential in a sought-after neighbourhood.
Frequently Asked Questions
1. How does this home truly compare to others in Bridgwater Forest?
The data shows a mixed but favourable picture. It ranks in the top 25-35% of the neighbourhood for living area and assessed value, meaning it's notably larger and more highly valued than many peers. However, its lot size ranks in the top 79%, so while generous, there are larger lots in the area.
2. What does the sale history indicate about the property's market performance?
The home sold for $51.5k in 2020, a price that was only better than 22% of sales on its street at the time. Its current assessed value of $58.4k now ranks better than 73% of the street, suggesting a significant upward shift in its valuation relative to immediate comparables in recent years.
3. Is the 15-year-old build date a concern?
Not typically. A 2011 build is considered modern and ranks newer than 88% of homes in Winnipeg. This age often means contemporary construction standards and layouts, while being past the initial "shakedown" period where major new-build defects might surface.
4. What are the less obvious advantages of its rankings?
The home shows remarkable consistency. It ranks in the top third or better for both living area and assessed value across street, neighbourhood, and city comparisons. This suggests it isn't just big for the street but is a genuinely spacious home by wider standards, which is a stable asset.
5. Who might this property not suit?
Buyers seeking a premium lot size within Bridgwater Forest itself, as there are larger lots available. It may also not suit those looking for a pool or a brand-new (post-2020) construction, as the key upgrades appear to be in the finished basement rather than a full top-to-bottom renovation.