Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, spacious property built in 2010. Its primary appeal lies in its generous proportions and established, yet updated, condition. With 2,750 sqft of living space on a large 6,657 sqft lot and a renovated basement, it offers ample room for family life and entertaining. The attached garage and desirable location within the newer Bridgwater Forest community add to its practicality.
The home’s standout feature is its size relative to the area. It ranks in the top tier for both living area and lot size not just on its street, but across the entire neighbourhood and Winnipeg. This means you get more space than most comparable properties. The recent renovation of the basement adds immediate value and modern living space without the need for a major project.
This property would best suit a growing or established family looking for a move-in ready home with plenty of indoor and outdoor space in a popular, planned community. It’s also a strong option for buyers who value statistical upside; owning one of the larger homes in a sought-after area can be a prudent long-term investment. The significant jump from its last sold price in 2019 to its current assessed value suggests substantial equity growth, appealing to those looking for a property with a strong value history.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is $900k, which is a strong benchmark. However, in a competitive market, the final sale price can be influenced by recent renovations, current demand, and the home's top-tier rankings for size, potentially leading to a premium.
2. The home was last sold in 2019. What does that mean?
A sale four years ago indicates the current sellers likely have substantial equity, which can sometimes make for more straightforward negotiations. It also suggests they have been the ones to undertake the recent basement renovation, providing a clearer history of updates.
3. What do the "top percentile" rankings actually tell me?
These rankings are a quick way to see this home's advantages. For example, being in the top 3% of the neighbourhood for living area is a significant data point. It means you are getting one of the most spacious homes available in Bridgwater Forest, which is a key driver of value and livability.
4. The lot is large, but what is the backyard like?
At over 6,600 sqft, the lot size is well above average. This offers excellent potential for landscaping, gardening, or adding features like a patio or play structure. Its specific orientation (not provided in the data) would need to be confirmed to understand sun exposure and privacy.
5. Are there any concerns with a 2010 build?
Homes from this era benefit from modern building codes and materials. The major systems (roof, HVAC, windows) are likely still in good condition but are approaching the age where routine maintenance and eventual replacement planning should be considered—a factor often overlooked compared to much older or brand-new homes.