This two-storey home in Bridgwater Forest is a well-situated, modern property built in 2011. Its primary appeal lies in offering above-average space and a newer build within a sought-after neighbourhood. With 2,277 sqft of living area, it provides more room than approximately 95% of Winnipeg homes. The property sits on a generous 5,484 sqft lot with an attached garage and an unfinished basement, presenting a solid canvas for personalization.
The home suits buyers looking for a move-in ready structure in a prime area who may want to tailor the basement to their needs over time. It’s particularly appealing to growing families or professionals seeking space and a modern foundation without the premium of a brand-new build. A thoughtful perspective is its strong ranking for living area city-wide, which suggests better long-term value retention in its class compared to smaller, older homes. However, its last sale price in 2020 is notably lower than the current assessed value, indicating significant market movement—a point for buyers to consider in their valuation.
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How does the unfinished basement impact value and utility?
While offering potential for customization, an unfinished basement requires additional investment to become livable space. It's a pro for those wanting to design it themselves, but a con for those seeking immediate, turnkey square footage.
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The assessed value has risen significantly since the 2020 sale. What should I know?
The assessed value of $600k is substantially higher than the 2020 sale price of $499.6k. It's essential to review recent comparable sales in Bridgwater Forest to understand current fair market value, as assessments and market prices can differ.
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How does this home compare within Bridgwater Forest itself?
The home ranks in the top 25% for living area within the neighbourhood, meaning it's spacier than most nearby. However, its land size and assessed value rank around the neighbourhood average, suggesting the value is driven more by the home's size and newer age than by an exceptionally large lot.
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What are the implications of the "Rank by Year" data?
Being newer than 88% of Winnipeg homes is a major advantage, typically meaning fewer immediate repairs and modern building standards. On its street, it's newer than 84% of properties, positioning it as one of the more contemporary homes in the immediate area.
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Who might the neighbouring property at 51 Charlottetown Road be relevant for?
Listed as a reference point, the similar nearby home (built 2013, 2,375 sqft, assessed at $646k) provides a direct benchmark. It suggests slightly more space and a higher assessment, useful for gauging price-per-square-foot and value in this specific pocket of the community.