Property Overview
This two-storey home in Bridgwater Forest presents a compelling opportunity for buyers seeking a well-established, spacious property in a desirable Winnipeg neighbourhood. Built in 2011, it sits on a large 7,629 sqft lot and offers over 2,000 sqft of living space. Its appeal is rooted in its above-average positioning within its immediate area; the lot size, living area, and assessed value all rank within the top 10-15% of its own street. The home features an attached garage and a renovated basement, adding to its functional appeal. It would particularly suit growing families or professionals looking for a move-in ready home in a mature, sought-after community, where the "newness" phase has passed but the property's condition and rankings suggest it has been well-maintained and holds its value strongly against local comparables.
A thoughtful perspective is that this property offers the benefits of a planned community like Bridgwater Forest without the premium often attached to brand-new construction. The 2011 build year means major systems are still relatively modern, yet the landscaping and neighbourhood feel are settled. The significant gap between the 2021 sale price ($610k) and the current assessed value ($61.6k) is important to note; this typically reflects a provincial property assessment for tax purposes, not an estimated market value, and buyers should consult with a real estate professional for current valuation.
Frequently Asked Questions
1. What does the "rank" data actually mean?
The rankings compare this specific property against others on its street, in Bridgwater Forest, and across Winnipeg. For example, "Better than 96% in same street" for land area means this lot is larger than 96% of the other lots on Poplar Point, highlighting one of its standout features.
2. Is the assessed value of $61.60k the asking or market price?
No. The assessed value is set by the municipal authority for property tax calculation. It is not an indicator of market value or list price. The last recorded sale was in September 2021 for $610,000.
3. What are the benefits of a 2011 build in this area?
A home built in 2011 offers modern construction standards and floor plans, while being past the initial "shakedown" period where new construction flaws might appear. The neighbourhood will also be fully established with mature trees and settled community amenities.
4. What is the significance of the renovated basement?
A renovated basement immediately adds functional living space (such as a family room, home office, or guest area) without the need for a future investment or project. It's a key feature for buyers seeking maximum usable square footage.
5. How does the lot size compare to typical properties?
At 7,629 sqft, the lot is substantially larger than average, especially for a newer community. This provides more private outdoor space, potential for gardening, play areas, or future additions like a deck or shed, compared to many newer, more densely packed subdivisions.