Property Overview
This two-storey home in Bridgwater Forest is a well-sized, modern property built in 2011. Its primary appeal lies in offering above-average space and a newer build within a popular suburban neighbourhood. The 2,156 sqft living area is notably larger than most comparable homes in Winnipeg, ranking in the top 7%. The lot size is also generous for the area. While the basement is unfinished, this presents a clear opportunity for customization and added value. The home’s assessed value has risen significantly since its 2020 sale, indicating solid market appreciation.
It would suit a young family or professional couple looking for a move-in ready home in a established, amenity-rich community like Bridgwater Forest. The unfinished basement is a plus for buyers who want to tailor the space to their specific needs, whether for a home theatre, gym, or additional bedrooms. Given its metrics, it also appeals to those who prioritize a property with strong fundamental rankings in size and age compared to its peers.
Frequently Asked Questions
1. Is the basement suitable for finishing?
Yes, the basement is included but unrenovated. This is a blank canvas for new owners to finish according to their taste and needs, potentially adding significant living space and value.
2. How does this home compare to others on the street?
It ranks very well for its year built (top 16% on the street) and living area (top 22%). Its lot size is above average for the crescent. This suggests it's one of the newer and more spacious homes on the block.
3. The assessed value is much higher than the 2020 sale price. What does this mean?
The increase from $474k in 2020 to a $565k assessment reflects strong market appreciation over four years. It indicates the property has grown in value, though the final sale price is always determined by the current market.
4. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-oriented community in south Winnipeg. It typically offers good access to parks, pathways, schools, and retail amenities, contributing to its lasting popularity.
5. Are there any obvious red flags from the data?
The data shows no major red flags. The home consistently ranks above average in key categories (size, age, value) for Winnipeg. The 2020 sale price ranking lower than peers at that time may simply reflect a different market condition or the property's specific situation then, which has since corrected positively in assessed value.