Property Overview & Key Characteristics
This two-storey home at 14 Whitewood Avenue in Bridgwater Forest is a well-positioned property built in 2010. Its primary appeal lies in a combination of above-average space and recent updates within a newer Winnipeg community. The 1,971 sqft living area is notably spacious, ranking in the top 10% city-wide, and sits on a large 6,222 sqft lot. A key feature is the renovated basement, adding modern, finished living space. The home’s assessed value is strong, placing it in the top 7% of Winnipeg, suggesting solid municipal valuation relative to its last sale price in 2017.
The property would suit buyers looking for a move-in ready home in a modern neighbourhood who value space and a renovated lower level. It’s particularly appealing for those who prioritize a property with metrics that outperform most of the city in terms of lot size, living area, and official assessment. A less obvious angle is its potential for equity-minded buyers; the significant gap between the 2017 sale price and the current high assessed value, coupled with the completed renovation, indicates substantial added value over the past several years.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At 6,222 sqft, the lot is larger than 83% of others on Whitewood Avenue, placing it in the top 17% on the street. This is a standout feature for the area.
2. The home was built in 2010. What does that mean for maintenance?
As a 16-year-old home, major components like the roof, windows, and HVAC are likely entering or are within their typical maintenance or replacement window. The renovated basement is a positive update, but a thorough inspection is recommended to plan for future upkeep.
3. The assessed value is much higher than the 2017 sale price. Why?
The assessed value of $60.50k is a municipal valuation for tax purposes and reflects market trends and improvements (like the basement renovation). It does not dictate market sale price but indicates the property is viewed as high-value relative to the city.
4. What is the neighbourhood ranking based on?
The rankings (e.g., "Top 27% in Winnipeg") are comparative metrics for this specific property against others in the defined area, based on the data points shown like living area, lot size, and assessed value. They provide context for how this home measures up statistically.
5. Is the garage heated or insulated?
The listing confirms an attached garage but does not specify if it is heated or insulated. This would be an important detail to clarify with the listing agent.