Property Overview
139 Park Valley Road is a modern two-storey home in the sought-after Bridgwater Forest neighbourhood. Built in 2012, it sits on a large, 10,896 sqft lot and features 2,424 sqft of living space, an attached garage, and a renovated basement. The home’s standout appeal lies in its combination of space, a prime location within a newer community, and strong value metrics. It ranks in the top tiers for lot size, assessed value, and living area compared to most homes in Winnipeg, suggesting a property that has been well-maintained and is situated in a desirable area. The consistent increase in sold price from 2016 to 2020 further indicates a history of solid value appreciation.
This home would suit growing families or professionals looking for a move-in ready property in a modern suburb with excellent community rankings. It’s also a compelling option for value-conscious buyers who prioritize statistical performance—like being in the top 5% of Winnipeg for living area and top 1% for assessed value—as indicators of a sound investment in a stable neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At nearly 11,000 sqft, the lot is larger than 83% of properties on the same street and places in the top 17% locally, offering ample outdoor space uncommon in newer subdivisions.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer's inspection or direct inquiry with the listing agent would be needed for details on the scope of work.
3. The home was last sold in 2020. What has the market done since?
While the data shows strong appreciation up to 2020, understanding current market value would require an analysis of recent 2024 sales of comparable homes in Bridgwater Forest, as conditions have changed.
4. Are the high ranking percentages for value and size reliable indicators?
These rankings are useful comparative metrics, showing the home historically outperforms most peers. However, they are based on municipal assessment data and past sales; a current professional appraisal is recommended for precise valuation.
5. The home is 14 years old. What major systems might need attention?
As a home from 2012, key components like the roof, HVAC system, and major appliances are potentially approaching mid-life. A thorough home inspection is advised to assess their remaining serviceable lifespan.