Property Overview
This two-storey home in Bridgwater Forest, built in 2011, presents a compelling blend of space, location, and established value. Its primary appeal lies in offering above-average living area and a newer build within a popular, family-oriented neighbourhood. The home sits on a good-sized lot and features an attached garage and a full, unfinished basement.
Key Characteristics & Ideal Buyer
The standout feature is the generous 2,437 sqft of living space, which ranks in the top tier for the street, neighbourhood, and city. This makes it a spacious option compared to many peers. The 2011 build date means it’s a relatively modern home, likely with contemporary layouts and building standards, yet past its initial settling period. While the basement is unfinished, this offers a blank canvas for future expansion. The property’s consistent value growth, with a notable increase between its 2019 and 2022 sales, suggests a solid investment history in a desirable area.
This home would suit a growing family seeking move-in-ready space without needing a brand-new build. It’s ideal for buyers who prioritize square footage and a modern foundation but may have plans to customize the basement over time. The data also indicates it’s a strong contender for value-conscious buyers looking for a property that has historically performed well above the Winnipeg average.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
It is a full basement that is structurally complete but not developed into living space. It provides ample storage and significant potential for future renovation to add bedrooms, a rec room, or a suite, subject to permits.
2. How does this property compare to others on the street?
It ranks highly for living space (top 17% on the street) and is newer than most (top 27%). Its assessed value is around the middle of the street, suggesting you get more house for a mid-range price point on Maple Creek Road.
3. What is the neighbourhood of Bridgwater Forest like?
Bridgwater Forest is a master-planned, family-focused community in southwest Winnipeg. It features extensive pathways, parks, ponds, and nearby amenities, often appealing to those seeking a suburban lifestyle with community connectivity.
4. The assessed value is $660k, but it last sold for $685k in 2022. Why the difference?
Municipal assessed value for taxation is not the same as current market value. The 2022 sale price is a more recent indicator of its market worth, and the assessment often lags behind. This difference is common and should be discussed with a real estate professional.
5. Are there any obvious red flags from the price history?
The history shows steady appreciation. The 2019 purchase at $545k and the 2022 sale at $685k represent strong, logical growth. There is no indication of price volatility or decline, which points to stable demand for the property.