Property Overview: 101 Maple Creek Road, Bridgwater Forest
This well-situated one-storey home in the popular Bridgwater Forest neighbourhood presents a compelling blend of space, location, and value. Built in 2011, it sits on a large lot and features a renovated basement and an attached garage.
Key Features & Ideal Buyer
The home’s primary appeal lies in its generous proportions and strong standing within the market. With over 6,800 square feet of land, the lot size is notably larger than most in the immediate area and across Winnipeg, offering ample outdoor space. The 2,024 sqft living area is also spacious for a one-storey layout. A key feature is the renovated basement, adding valuable finished space.
Its value proposition is underscored by comparative data. The property’s assessed value places it in the top tier for the street, neighbourhood, and city, suggesting it is viewed as a premium asset. This is consistent with its last sale price in 2019, which was also well above area averages. The appeal is for buyers seeking a move-in ready, single-level home in a modern community, who prioritize lot size and perceive long-term value in a property with standout metrics compared to its peers. It would suit empty-nesters looking for space without stairs, or a family valuing a large yard in a planned neighbourhood.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 88% in same street") actually mean?
This means the property outperforms that percentage of comparable listings on that specific metric. For example, a "Top 88% in street" rank for lot size indicates this home's lot is larger than 88% of other lots on Maple Creek Road.
2. The assessed value seems low compared to the last sale price. Why?
Municipal assessed values in Manitoba are often intentionally conservative and may not reflect current market value. The consistent top-tier ranking of this assessment, however, signals that the city views this as one of the more valuable properties in its class.
3. Is a 2011-built home considered modern?
Yes, homes from this period in planned communities like Bridgwater Forest feature contemporary layouts, materials, and building codes. It strikes a balance between being newer construction and having an established neighbourhood feel.
4. What are the potential implications of such a large lot?
Beyond private outdoor space, a larger lot can offer more flexibility for future landscaping, gardening, or additions (subject to bylaws). It also often contributes to a greater sense of privacy and is a finite resource in newer subdivisions.
5. The comparable "similar assessed value" properties are in very different areas. Is that relevant?
This highlights that assessed value is a bureaucratic benchmark for taxation, not a direct indicator of market price or neighbourhood equivalence. It underscores that this home's market value is primarily driven by its specific location in Bridgwater Forest and its physical attributes.