Property Overview: 84 North Town Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is a spacious, modern property built in 2011. Its primary appeal lies in its generous scale and recent updates, offering a move-in-ready experience in a sought-after neighbourhood. The home features a renovated basement and an attached garage, sitting on a large lot that is bigger than most on its street.
The standout feature is its impressive interior space. With over 2,400 square feet of living area, it ranks within the top 15% of homes in Bridgwater Forest and the top 3% across Winnipeg, providing exceptional room for a growing or established family. While the 2016 sale price was below average for the immediate street, the property’s current assessed value is notably strong, placing it in the top 20% of the neighbourhood and top 3% city-wide—suggesting significant appreciation and solid underlying value.
This home would best suit buyers prioritizing space, modern construction, and a renovated finish in a family-oriented community. It’s ideal for those who value a home that offers more square footage than the vast majority of Winnipeg properties, without needing immediate upgrades. The data indicates it may offer a compelling value proposition for its size and location compared to the broader market.
Frequently Asked Questions
1. How does the lot size compare?
At 5,665 sqft, the lot is larger than 68% of properties on North Town Road, offering more outdoor space than most in its immediate vicinity.
2. Is the basement finished?
Yes, the basement has been renovated, adding to the home’s liveable square footage and modern appeal.
3. What does the assessed value ranking mean?
The current assessed value of $703,000 ranks in the top 3% in Winnipeg and top 20% in Bridgwater Forest. This indicates the property is officially valued significantly higher than most homes in the city, which can be a marker of desirability and a factor in property taxes.
4. The home sold for less than nearby properties in 2016. Should I be concerned?
The 2016 sale price ranked lower on its street at the time. However, the subsequent rise in its assessed value to a very high percentile suggests the property has since caught up to or exceeded market trends in the area, reflecting substantial growth.
5. How does the living space compare to typical Winnipeg homes?
With 2,412 sqft of living area, this home is larger than 97% of properties in Winnipeg. It offers a rare amount of interior space for the market, a key point of differentiation.