Property Overview & Key Characteristics
This well-presented, one-storey home in Bridgwater Forest offers modern, low-maintenance living. Built in 2017, it is newer than the vast majority of homes in Winnipeg, suggesting contemporary construction and systems. The home sits on a generous 5,374 sqft lot, providing ample outdoor space in a community known for its planned, family-friendly environment. A key feature is the renovated basement, which adds valuable finished living area to the 1,702 sqft main floor. The property includes an attached garage for convenience.
Its primary appeal lies in its balance of being a relatively new build in a desirable suburban neighbourhood, coupled with the instant usability and added space of a finished basement. It suits first-time buyers or young families looking for a move-in-ready home without the concerns of an older property, as well as downsizers seeking single-level living without sacrificing yard space or modern amenities. A thoughtful perspective is its strong assessed value ranking (top 5% in Winnipeg), which, while not a direct market price, indicates a solid foundation of municipal valuation compared to similar properties.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
At 1,702 sqft (main floor), the living space is somewhat smaller than many in the immediate area, ranking in the lower half for the street. However, the renovated basement significantly expands the usable square footage, which is not reflected in that specific metric.
2. What does the sold price history indicate?
The home last sold in July 2021 for $650,000. Prior to that, it sold for $486,000 in March 2017, shortly after being built. This history shows substantial appreciation in its first four years, providing a benchmark for the current market.
3. Is the property considered "new"?
While not brand new, being built in 2017 means it is newer than approximately 94% of homes in Winnipeg. Buyers can expect modern building standards, likely with remaining warranty coverage on some components, and less immediate need for major repairs or updates.
4. How does the lot size benefit me?
The lot is over 5,300 sqft, which is larger than average for the street (top 18%). This offers more private outdoor space for gardening, play, or entertaining compared to many neighbouring properties, a valuable asset in a newer subdivision.
5. What is the significance of the high assessed value ranking?
The assessment places the home in the top 5% of all Winnipeg properties for its municipal valuation. This generally reflects a combination of the home's newer age, lot size, and neighbourhood. It's a useful data point for understanding the property's standing, though market value is determined by current buyer demand.