Property Overview & Key Characteristics
This home at 6 Birchleaf Point in Winnipeg's Bridgwater Lakes neighbourhood presents a compelling blend of space, established value, and modern comfort. Built in 2013, it sits on a large, approximately 10,000 sqft lot, offering more outdoor space than most properties in the immediate area. The 2,302 sqft living area is complemented by a renovated basement, adding functional space. Key features include an attached garage and no pool.
The appeal lies in its strong positional value within a desirable newer community. The data indicates a consistent and significant appreciation in value, with the last sale in late 2023 at $770,000. Its assessed value ranks in the top 2% of Winnipeg, suggesting official recognition of its premium standing. A thoughtful perspective is that while the home's size ranks in the top third of its neighbourhood, its lot size is a more distinctive asset, offering rare room to grow or enjoy privacy in a modern subdivision.
This property would best suit buyers looking for a move-in ready, established home in a sought-after area without the wait of new construction. It’s ideal for growing families or professionals seeking space and a sound investment, evidenced by its strong value history. It also appeals to those who appreciate data-backed metrics, as its rankings against neighbours and the wider city are exceptionally strong.
Frequently Asked Questions
1. How does the lot size compare to typical properties in newer areas?
At over 10,000 sqft, this lot is substantially larger than many found in contemporary subdivisions. It ranks better than 90% of lots in the Bridgwater Lakes neighbourhood, offering a notable amount of private outdoor space.
2. What does the sold price history indicate about the property's value?
The home has shown steady and strong appreciation. It sold for approximately $610,700 in 2017 and $755,000 in early 2023, before its most recent sale at $770,000 later that same year, demonstrating resilient and premium market value.
3. The home ranks in the top 86% for living area on its street. What does this mean?
This specific metric indicates that, on its own small street of seven properties, this home has one of the smaller interior footprints. However, it's important to balance this with its much stronger rankings for lot size and assessed value within the wider neighbourhood and city, highlighting that the land and overall package are key drivers of its worth.
4. Is the renovated basement a legal suite?
The provided details confirm the basement is renovated but do not specify if it is a legal secondary suite. This is a crucial point for potential buyers to verify with the listing agent or city records, as it impacts rental potential and insurance.
5. How stable is the assessed value compared to the sale price?
The assessed value of $78,700 is significantly lower than recent sale prices, which is common as municipal assessments often lag behind rapid market appreciation in high-demand areas. The consistent top-tier percentile ranking of the assessment (top 2% in Winnipeg) is more telling, confirming the property is officially viewed as a high-value asset.