Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern property built in 2016, offering a balanced combination of space, location, and established value. Its appeal lies in its above-average positioning within a desirable, newer neighbourhood. With a generous 6,294 sqft lot, an attached garage, and a private pool, it caters to those seeking a low-maintenance yet amenity-rich family lifestyle. The home’s living area of 2,218 sqft provides ample room, and the existing basement offers future potential.
The property is particularly well-suited for growing families or professionals looking for a move-in ready home in a prime suburban community. It also stands out for value-conscious buyers who appreciate concrete metrics: its assessed value ranks in the top 1% for Winnipeg and top 10% for the neighbourhood, suggesting a strong and stable financial footing compared to many other properties.
Frequently Asked Questions
1. How does the pool impact the property's value and upkeep?
While a significant lifestyle amenity, a pool requires seasonal maintenance and carries ongoing costs for chemicals, insurance, and utilities. It is a major appeal for some buyers but can be a deterrent for others, potentially narrowing the future buyer pool.
2. The basement is noted as "not renovated." What is its current state?
The listing confirms the basement exists but is unfinished or in a basic state. This should be viewed as a blank canvas, offering the next owner the opportunity to customize the space to their needs, but it will require an additional investment to realize its full potential.
3. The home sold for $74.5k in 2016, but is now assessed at $87.7k. What does this mean?
The 2016 sale price was likely the initial purchase price from the builder. The current assessed value, set by the municipal government for tax purposes, reflects market growth over eight years. It indicates substantial equity growth, but the final market sale price is determined by current buyer demand.
4. The lot is larger than average. What are the benefits?
The 6,294 sqft lot provides more private outdoor space than many newer builds, which is a premium in planned communities. This allows ample room for the pool, gardening, play areas, and general privacy, making it a standout feature on the street.
5. The rankings show the home is newer than 93% of Winnipeg. Why is that important?
A 2016 build means major components like the roof, HVAC, windows, and appliances are relatively modern and likely under 10 years old. This translates to fewer immediate major repair expenses and compliance with recent building codes, offering peace of mind for the next several years.