Property Overview: 92 North Town Road, Bridgwater Forest
Key Characteristics & Ideal Buyer
This two-storey home in Bridgwater Forest is a well-established property, built in 2011, sitting on a generous 5,429 sqft lot. Its key updated feature is a renovated basement, adding to the 1,879 sqft of living space. The home includes an attached garage.
The appeal lies in its position within a desirable, modern community. The data reveals a thoughtful perspective: while the home’s specific metrics (like living area) are modest compared to its immediate street, it holds stronger standing within the wider Winnipeg context. Its assessed value of $600k ranks in the top 7% city-wide, suggesting solid underlying value and a history of steady appreciation, as seen in its 2022 sale price. This creates an opportunity for a buyer who values a prime neighbourhood over having the largest house on the block.
This property would suit a practical buyer looking for a move-in ready home in a sought-after, family-friendly area like Bridgwater Forest. It’s ideal for someone who appreciates a renovated basement for extra living space and a large yard, and who understands the value of a home with a strong city-wide valuation in a mature, well-regarded community.
Frequently Asked Questions
1. How does this home really compare to others in Bridgwater Forest?
While its size is average for the neighbourhood, its assessed value is higher than 58% of area homes, indicating premium lot quality, finishes, or upgrades that contribute to its valuation.
2. What does the sale history tell us?
The home sold in 2020 for $542k and again in 2022 for $643k, showing significant appreciation in a short time. The current assessed value of $600k sits between those figures, which is typical for the current market.
3. Is the lot size a major feature?
Yes. At over 5,400 sqft, the lot is larger than average and ranks well on its street. This is a key asset, offering ample outdoor space in a community where newer lots are often smaller.
4. The home ranks lower on its street for some metrics. Should I be concerned?
Not necessarily. This often occurs on streets with diverse home styles and ages. The more telling data is its strong ranking across Winnipeg, highlighting the overall desirability of the Bridgwater Forest address.
5. What is the immediate neighbourhood like?
The listing shows five nearby properties on the same street, all within 46 meters, indicating a closely built, traditional suburban street setting with a consistent streetscape.