Property Overview
This well-established 2011-built home in Bridgwater Forest presents a compelling blend of space, location, and value. Its key appeal lies in a generous 6,421 sqft lot and a fully renovated basement, offering immediate livability and room to grow. The property ranks highly within Winnipeg for its assessed value, placing it in the top 2% citywide, which suggests a strong and desirable valuation foundation. While the living area is more modest relative to the lot size, this creates a unique opportunity: the home itself is manageable, while the large, private yard is a standout feature in the neighbourhood.
It’s an ideal fit for growing families seeking a move-in ready home with ample outdoor space in a popular, modern community. It also suits value-conscious buyers who appreciate a home with a recent, significant update (the basement renovation) and a lot size that is increasingly rare in newer subdivisions. A less obvious perspective is its potential appeal to those looking for a "land-value" play; the large lot in a sought-after area could be a long-term asset, even if the house itself is eventually expanded or redeveloped.
Key Details & FAQs
Key Characteristics & Ideal Buyer
- Spacious Lot: The property sits on a large 6,421 sqft lot, offering more outdoor privacy and space than over 70% of homes on its street.
- Move-In Ready: Features a renovated basement, providing immediate extra living space without the need for projects.
- Strong Value Position: With an assessed value of $790k, it ranks in the top 2% of all Winnipeg properties, indicating a premium valuation in a desirable location.
- Established Neighbourhood: Built 15 years ago in the popular Bridgwater Forest area, the home and community are settled yet still modern.
- Suitability: Perfect for families prioritizing yard space and finished living areas. Also a smart choice for buyers who see the inherent value in a large lot within a high-demand community.
Frequently Asked Questions
1. How does the house size compare to the lot size?
The living area (1,868 sqft) is comfortable but not oversized, meaning the property’s standout feature is its expansive lot. This is an excellent setup for those who value outdoor space over excessive indoor square footage.
2. What does the high assessed value ranking mean?
Ranking in the top 2% in Winnipeg for assessed value is a strong indicator that the property is officially valued among the city's premium homes. It reflects the combined desirability of the lot size, location, and renovations.
3. Is the neighbourhood well-established?
Yes. Built in 2011, Bridgwater Forest is a mature, planned community with developed amenities and landscaping, offering a more settled feel than brand-new subdivisions.
4. What is the significance of the renovated basement?
It indicates a major update has been completed, providing additional finished living space that is immediately usable. This adds functionality and can be a cost-saving advantage over homes requiring similar renovations.
5. How does this property compare to others on the street?
The data shows it outperforms most direct neighbours in key metrics like lot size and assessed value, suggesting it is one of the more premium properties on Maple Creek Road.