Property Overview: 7 Hill Grove Point, Bridgwater Forest
Key Features & Ideal Buyer Profile
This 2019-built, single-storey home in the popular Bridgwater Forest community presents a compelling blend of modern living and established value. Its key characteristics include a renovated basement, an attached garage, and a generous 11,259 sqft lot, which is notably larger than most in the immediate area. With 1,820 sqft of living space, the home balances comfortable size with manageable upkeep.
The appeal lies in its strong positional value within a newer, sought-after neighbourhood. The data suggests a property that has been well-maintained and is situated on a premium lot. It ranks exceptionally high for its lot size, newness, and assessed value compared to its street and wider Winnipeg, indicating a home that outperforms many of its peers. This isn't just a modern house; it's a property with standout metrics in a desirable setting.
This home would suit a buyer looking for a move-in ready, low-maintenance property in a family-oriented community without sacrificing yard space. It’s ideal for professionals, empty-nesters seeking single-level living, or young families who value the combination of a newer build, a renovated basement for flexible space, and a large lot for future enjoyment. The strong value rankings suggest it would also attract the discerning buyer who appreciates tangible, data-backed equity in their investment.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specific finishes and the scope of work are not detailed. A professional inspection or direct inquiry with the seller is recommended to understand the full quality, layout, and permits of the renovation.
2. How does such a new home (2019) already have a renovated basement?
This is not uncommon. The renovation likely represents a value-add by the current owners, who may have finished the basement to increase living space, functionality, and overall property value shortly after purchasing the new build.
3. The assessed value is significantly higher than the last sale price. What does this mean?
The assessed value ($99.50k) is for municipal tax purposes, while the sale price ($79.80k in 2020) is the market transaction value. The increase reflects strong market appreciation in the area and the added value of the basement renovation. It indicates the property has grown in value, but the final market price is determined by current buyer demand.
4. The lot is large, but is the property backing onto anything specific?
The listing does not specify rear exposure. Given the lot size and proximity to neighbouring properties listed (e.g., 11, 3, 15 Hill Grove Point), it is likely a standard residential backing. Verifying the backyard's orientation and any adjacent features would require a visit or review of a survey.
5. The home ranks very high for its "newness" in the neighbourhood. What's the implication?
Bridgwater Forest is a developing community. This home, built in 2019, is among the newest on its street and in the area. This suggests potentially fewer immediate major repairs (like roof or furnace replacement) compared to older homes, offering a longer period of predictable maintenance costs.