Property Overview: 76 Deer Ridge Bay, Bridgwater Forest
Key Features & Ideal Buyer
This well-maintained, one-storey home in the popular Bridgwater Forest community offers a practical and modern living space. Its key characteristics include a renovated basement, an attached garage, and a generous land area of nearly 5,000 sqft, providing ample outdoor space—a notable feature in a newer neighbourhood. Built in 2013, the home is relatively modern, ranking newer than 90% of properties in Winnipeg, which suggests updated building standards and less immediate need for major repairs.
The appeal lies in its balance of space, location, and condition. It sits on a large lot in a family-oriented, master-planned area with access to pathways, parks, and amenities. The renovated basement adds valuable finished living area. The property’s strong assessed value and recent sale price indicate it holds its value well in the broader market, performing better than most Winnipeg homes.
This property would suit a downsizer or a young family seeking single-level living without sacrificing yard space. It’s ideal for buyers who prioritize a modern, low-maintenance home in a community with amenities, but who also value a substantial private lot over having the largest interior square footage on the block.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,490 sqft, the interior is more compact than many in the immediate area, ranking in the top 97% for size on its street (meaning 97% of neighbours have larger homes). This highlights that the property’s strengths are its lot size and modern build, rather than its interior square footage.
2. What do the price rankings indicate?
The home’s last sold price ranks better than 95% of Winnipeg, showing strong value retention city-wide. On its own street, however, it ranks near the middle (top 48%). This suggests it’s a solid investment in the broader market, but is priced typically for its specific, desirable location.
3. Is the lot size unusual for Bridgwater Forest?
Yes. A land area of 4,917 sqft is considered large for this neighbourhood, ranking "larger than average." Many homes in newer communities have smaller lots, making this a distinct advantage for outdoor living, gardening, or future additions.
4. The home sold recently in 2024. What does that mean for me?
The very recent sale provides a clear, current market value benchmark. It indicates an active interest in the property and reduces pricing uncertainty. Potential buyers should review the sale history to understand its appreciation trajectory.
5. Who might this home not suit?
Buyers seeking a large interior footprint or the newest possible build (as it’s now over a decade old) may want to look elsewhere. Its layout and size are best for efficient, single-level living rather than extensive entertaining space indoors.