Property Overview & Key Characteristics
This well-situated one-storey home in Bridgwater Forest presents a compelling blend of space, recent updates, and strong value metrics. Its key appeal lies in its above-average lot size within the area, a recently renovated basement, and an attached garage. The home was built in 2010, offering modern construction without being brand new. The data suggests a property that has been well-maintained and is assessed at a value significantly higher than most in Winnipeg, indicating solid long-term investment potential.
It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout in a family-oriented neighbourhood, as well as value-conscious buyers who appreciate a home with recent renovations (the basement) and a larger-than-standard yard. The strong assessment and recent sale price rankings suggest it also appeals to those with an eye for equity stability and resale value.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At over 6,200 square feet, the land area is larger than 56% of lots on the same street and places in the top 44% locally, offering more outdoor space than many comparable properties in Bridgwater Forest.
2. What does the assessed value ranking mean?
The assessment of $97,200 is higher than 99% of properties in Winnipeg, placing it in the top 1%. This suggests the municipal assessment views this property as being in a high-value bracket relative to the broader market, which is a positive indicator of its base value.
3. Has the property been sold recently?
Yes, it was last sold in February 2023 for $86,500. That sale price was higher than 98% of Winnipeg properties sold around that time, demonstrating strong market demand for this home and area.
4. Is the home newer or older for the neighbourhood?
Built in 2010, the home is newer than 91% of the houses on its street, making it one of the more recent constructions in that immediate area, though the neighbourhood overall has a mix of ages.
5. How does the living space compare?
With 1,899 square feet of living area, it offers more space than 88% of homes in Winnipeg, providing ample room. It is roughly average for its specific street but above average for the wider neighbourhood.