Property Overview & Key Characteristics
This well-situated one-storey home in Bridgwater Forest offers a practical and modern living space. Built in 2012, it sits on a generous 5,386 sqft lot, providing ample outdoor space that is larger than most in the immediate area. The 1,723 sqft living area is notably spacious for a single-level home, ranking within the top 20% on its street. Its strong appeal lies in its combination of a newer build, a sizable lot, and a highly convenient attached garage. The property’s financial metrics are particularly compelling, with both its recent sold price (2023) and assessed value ranking in the top 10% citywide, suggesting a history of solid value retention.
This home would suit buyers seeking single-level living without sacrificing space, such as empty-nesters, small families, or professionals who value low-maintenance layouts. It’s also a strong candidate for value-conscious buyers who appreciate a home in a newer community with above-average lot size and proven market performance. A less obvious perspective is that the significant gap between the high assessed value and the even higher recent sale price may indicate strong buyer demand for homes in this specific area and configuration, pointing to its desirability beyond just the raw numbers.
Frequently Asked Questions
Q: How does this home’s value compare to the neighbourhood?
A: Very favourably. Its last sold price and assessed value rank in the top 25% of the Bridgwater Forest neighbourhood, and in the top 4-11% citywide, indicating it is considered a higher-value property within its market.
Q: Is the lot size typical for the area?
A: The lot is larger than average. At over 5,300 sqft, it ranks better than 80% of lots on the same street, offering more private outdoor space than many neighbouring properties.
Q: What does the "one storey" building type mean for living space?
A: It means all primary living areas are on one level, ideal for accessibility or those who prefer no stairs. Despite being one storey, at 1,723 sqft, the living area is quite spacious, larger than 84% of homes on its street.
Q: The home was last sold in December 2023. What does that suggest?
A: The recent sale provides a very current and reliable benchmark for its market value, which is significantly higher than its municipal assessment. This suggests a active and competitive market for this property type.
Q: Are there any notable features missing?
A: The listing confirms there is no pool, and the basement exists but is not renovated, presenting potential for future customization or simply offering standard storage and utility space.