Property Overview
This 2015-built condominium in Bridgwater Forest offers a modern, low-maintenance lifestyle in a highly regarded neighbourhood. With 1,037 square feet of living space, it suits first-time homebuyers, downsizers, or investors seeking a turnkey property. Its primary appeal lies in its location within a top-ranked area; it sits in the top tier of homes on its street and within the top 0% of the entire Winnipeg neighbourhood for area, indicating a premium setting. While it has no basement, garage, or pool, the recent and stable sale history—selling for just over $30k in late 2023—suggests a well-maintained unit in a desirable and stable community. This property is ideal for someone prioritizing location and newer construction over expansive private outdoor space or extra storage, offering a balance of modern comforts within a top-performing community.
Frequently Asked Questions
1. What does the "top 0% in neighbourhood" ranking actually mean?
This ranking is based on land area. It indicates that this property's lot size is larger than 100% of comparable listings in Bridgwater Forest, placing it in the #1 position out of 1,121. This suggests the unit may have a more generous footprint or better outdoor space relative to others in the area.
2. Are there any concerns with the lack of a garage or basement?
The absence of these features is typical for many condominiums and contributes to the low-maintenance lifestyle. Buyers should plan for storage solutions within the unit or inquire about on-site storage lockers. The trade-off is less upkeep and often lower associated costs compared to a single-family home.
3. The assessed value is lower than recent sale prices. Why?
The municipal assessed value ($27.10k) is for taxation purposes and often lags behind the current market. The recent sale in December 2023 for $30.10k is a stronger indicator of its present market value, showing a steady, slight appreciation over the past year.
4. Who is responsible for exterior maintenance and groundskeeping?
As a condominium, the corporation is typically responsible for exterior building maintenance, roofing, landscaping, and snow removal. This is a key benefit for buyers seeking a hassle-free property, but monthly condo fees cover these services.
5. The building year rank on the street is only 48%. Is that a drawback?
Not necessarily. This means it's newer than 48% of homes on the street. Given it was built in 2015, it indicates the street has a mix of very new and slightly older homes, which can be a sign of an established, evolving community rather than a brand-new development. The unit itself is still modern and less than a decade old.