Property Overview: 107 Appletree Crescent, Bridgwater Forest
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 2008, situated on a generous lot in the popular Bridgwater Forest neighbourhood. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its balance of space and location; with 1,660 sqft of living area and a 5,379 sqft lot, it offers room to grow in a modern, family-oriented community.
The data reveals a nuanced position. While its assessed value ranks highly city-wide (top 9% in Winnipeg), it sits around the middle for its immediate neighbourhood and street. This suggests a solid, established property in a desirable area that may offer relative value compared to newer builds on the street. The renovated basement adds immediate functional living space without the need for a major project.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a sought-after suburban area. It’s also a practical fit for those who value a larger yard and the potential that comes with it, without taking on an older home requiring significant updates. The strong city-wide assessment ranking indicates a sound long-term investment in Winnipeg’s real estate market.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is on a larger-than-average lot for the street, but the building itself is newer than only about 16% of homes on Appletree Crescent. This means you’re getting great outdoor space, but the structure is one of the older ones in this specific block of a newer neighbourhood.
2. What does the assessed value ranking tell me?
The assessment ($57.50k) is in the top 9% for Winnipeg, which is strong. However, it ranks near the median (top 50%) within Bridgwater Forest itself. This often indicates a stable, established property in a high-demand area, where value is driven more by the community than by being the newest or largest home on the block.
3. Is the basement renovation reflected in the assessed value?
Likely, yes. The assessed value is notably higher than the 2021 sale price, and a key renovation like a finished basement is a major factor assessors consider for adding value. It’s a finished feature that contributes to the home’s livable square footage.
4. Who might this neighbourhood appeal to?
Bridgwater Forest is a master-planned community known for its trails, parks, and family-friendly amenities. It’s ideal for those seeking a suburban lifestyle with modern infrastructure, good schools, and a strong sense of community, all within Winnipeg.
5. What is a "one storey" building type?
This means it’s a bungalow-style home with all primary living spaces on one level. This is a key feature for accessibility and easy living, often appealing to those looking to avoid stairs, whether for young children, aging in place, or simply personal preference.