127 Park Valley Road

Property Overview

This two-storey home in Bridgwater Forest is a standout property defined by its exceptional scale and premium positioning within the community. Its primary appeal lies in offering a rare combination of a massive, half-acre lot (19,707 sqft) and a spacious, modern residence (3,606 sqft living area) built in 2012. The home features a renovated basement, an attached garage, and a pool. The data underscores its elite status: it ranks in the top 1% of its street, neighbourhood, and city for both lot size and living area. Its assessed value similarly places it in the top tier locally. This property would perfectly suit buyers seeking a substantial, move-in-ready family home in a sought-after newer community, with ample private outdoor space for recreation and entertainment. It’s ideal for those who value top-tier community rankings and room to grow, without compromising on modern amenities.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentile rankings (e.g., "Better than 99%") are comparative metrics for specific features. They objectively show that this property's lot size, living area, and assessed value are larger or higher than nearly all comparable properties on its street, in Bridgwater Forest, and across Winnipeg, confirming its premium positioning.

2. The home was built in 2012. What might need attention?
While modern, a 12-year-old home may be approaching the time for updates to cosmetic finishes or the replacement of original appliances and HVAC components. A thorough inspection would be advised to assess the condition of these items and the newer renovation in the basement.

3. How does the assessed value relate to the likely selling price?
The assessed value ($166.40k) is for municipal tax purposes and is typically far below market value, as evidenced by its last sale price of $1,590k in 2021. Market price is determined by current demand, recent comparable sales, and the property's unique offerings.

4. What are the considerations of owning a pool in Winnipeg?
A pool offers great seasonal enjoyment but requires a committed maintenance routine for opening, closing, cleaning, and chemical balancing. It also represents an ongoing cost for utilities and insurance, with a relatively short usable season given the climate.

5. The lot is exceptionally large. What are the pros and cons?
The half-acre lot provides unparalleled privacy, space for gardens, play, and additions like the pool. The less obvious perspective is the responsibility: maintenance (mowing, landscaping) requires significant time or expense, and property taxes are influenced by lot size. It's a major asset that also demands commitment.