Property Overview & Key Characteristics
This well-situated one-storey home in Bridgwater Forest offers a blend of modern comfort and strong community standing. Built in 2012, the 1,717 sqft residence sits on a generous 5,890 sqft lot and features an attached garage and a renovated basement. Its appeal lies in its above-average positioning within a desirable neighbourhood. The home ranks in the top tiers for lot size, assessed value, and living area compared to its immediate street and the wider Winnipeg area, suggesting a premium property within its locale. The significant increase from its 2020 sale price to its current assessed value also indicates solid market appreciation.
This property would suit buyers looking for a move-in ready, single-level living space in a family-oriented community. It’s particularly well-matched for those who value space and a established, upgraded home without needing to undertake major renovations. The strong rankings suggest it appeals to buyers seeking a home that stands out in terms of lot size and perceived value within its peer group.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The percentile rankings show how this property compares to others in specific geographic areas. For example, its lot size is larger than 91% of homes on the same street, placing it in the top 9%. This provides a data-driven snapshot of its relative size, value, and modernity against local benchmarks.
2. The assessed value is notably higher than the 2020 sale price. What does this indicate?
This points to significant market appreciation over the past few years. It reflects both broader market trends and potentially the value added by the basement renovation. It's a strong indicator of growing equity, but it's important to note that assessed value is for municipal taxation and may differ from current market value.
3. Who would benefit most from the single-storey layout?
While ideal for those seeking accessibility or preferring to avoid stairs, the layout also offers straightforward, efficient living for busy families or professionals. The renovated basement adds flexible space that can offset the main-floor square footage, creating distinct zones for living and recreation.
4. How does the lot size impact the living experience?
A lot size ranking in the top 9% on the street offers more private outdoor space than most neighbours, which is a valuable and less replaceable feature than interior upgrades. It allows for gardening, play, and entertainment with a greater sense of openness.
5. Are there any considerations regarding the home's age?
Built in 2012, the home is past the initial builder warranty period. While still modern, a pre-purchase inspection would be prudent to assess the condition of major components like the roof, HVAC, and appliances, which may be nearing mid-life.