Property Overview
8 Clovercrest Bay presents a well-maintained two-storey home in the popular Bridgwater Forest neighbourhood. Built in 2009, its primary appeal lies in a combination of above-average space, a desirable location, and strong value metrics. The home sits on a large 7,512 sqft lot and features 2,358 sqft of living area, a renovated basement, and an attached garage.
Key Characteristics & Ideal Buyer
This home stands out for its generous proportions. The living area is notably spacious, ranking in the top 4% of Winnipeg, making it ideal for families needing room to grow. The lot size is also substantial, placing in the top 25% of its own street. A key feature is the renovated basement, which adds immediate functional living space without the need for a project. While the home’s age is average for the street, its assessed value is exceptionally strong, ranking in the top 3% city-wide, suggesting it is a professionally valued asset in excellent condition.
The property’s appeal is rooted in its position within a sought-after modern community, offering more interior space than most comparable homes. It would suit a practical, value-conscious buyer—likely a growing or established family—who prioritizes move-in readiness, space over brand-new construction, and a property with robust municipal assessment. A less obvious perspective is its appeal to buyers who understand assessed value as a indicator of stability; this home’s high assessment relative to its last sale price could signal solid equity and a lower risk of market fluctuation.
Frequently Asked Questions
1. How does the lot size compare to others in Bridgwater Forest?
At 7,512 sqft, the lot is larger than 75% of properties on Clovercrest Bay, placing it comfortably in the top quarter of the street for outdoor space.
2. The home was built in 2009. What major systems might need attention soon?
As a 17-year-old home, a prudent buyer would want to check the condition and expected lifespan of major components like the roof shingles, HVAC system, and water heater, which may be nearing typical replacement intervals.
3. The assessed value is much higher than the 2017 sale price. What does this indicate?
The current assessed value of $708,000 is a municipal valuation for tax purposes and reflects market conditions and improvements. It suggests significant appreciation since 2017 and that the property is valued highly relative to most in Winnipeg, but the eventual market sale price is determined by buyers.
4. Is the renovated basement permitted?
This detail is not provided in the available data. A crucial step for any buyer is to verify with the seller that all renovations, especially in the basement, have the necessary city permits and final inspections.
5. The home ranks lower for "year built" in the neighbourhood. Should I be concerned?
This ranking means many homes in Bridgwater Forest are newer, as it's a developing area. It doesn't reflect the condition of this specific home, which shows strength in space and value rankings. It simply indicates you are considering a more established part of the community rather than a brand-new section.