Property Summary: 74 Bridgeland Drive N, Bridgwater Forest
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 2010, situated on a generous 4,381 sqft lot in the popular Bridgwater Forest neighbourhood. Its key appeal lies in a combination of space, recent updates, and strong value metrics. The home features a renovated basement and an attached garage, with a living area of 1,510 sqft that ranks notably above average for its street.
The property’s standout characteristic is its evident value retention and growth. It last sold in late 2021 for $560k, a figure that ranks in the top 10-12% of all Winnipeg sales at that time, suggesting a premium was paid for its condition or location. Its current assessed value remains strong relative to the city. The lot size is also a significant asset, offering more outdoor space than nearly half of the properties on the same street.
This home would suit a buyer looking for a move-in ready property with a modern basement in a family-oriented community. It’s particularly suited for those who prioritize a large yard and single-level living, or for value-conscious buyers who appreciate a home with demonstrated market strength compared to its neighbours and the wider city.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s last sold price ranks better than 88% of sales on its street and 90% across Winnipeg at the time, indicating it has historically commanded a premium. Its assessed value continues to rank highly, placing it in the top 12% of Winnipeg.
2. Is the lot size typical for Bridgwater Forest?
At 4,381 sqft, the lot is larger than 48% of those on Bridgeland Drive N, offering more outdoor space than many direct neighbours, which is a key advantage in newer communities.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on finishes, layout, or permits should be verified with the listing agent or during a viewing.
4. The home was built in 2010. Are there any major components nearing replacement?
While the home is relatively modern, key components like the roof, HVAC system, and major appliances are now 14+ years old. A pre-purchase inspection is recommended to assess their remaining lifespan.
5. How does the living space compare to nearby homes?
With 1,510 sqft, this home offers more living area than 74% of homes on its street, providing above-average interior space for the immediate area, though some newer or two-storey models in the wider neighbourhood may be larger.