Property Overview
This two-storey home in Bridgwater Forest is a well-established property in a newer Winnipeg community. Built in 2011, it sits on a generous 4,537 sqft lot and features a renovated basement and an attached garage. With over 2,150 sqft of living space, the home is notably larger than most in the city, ranking in the top 7% for Winnipeg. Its current assessed value of $630k places it in the top 6% citywide, indicating strong perceived value for its size and location.
Key Characteristics & Appeal
The primary appeal of this property lies in its combination of space, modern age, and established neighbourhood setting. It offers more interior room than 93% of Winnipeg homes and sits on a lot larger than 65% of city properties, providing ample space for family living and outdoor enjoyment. The renovated basement adds immediate functional living area without the need for a major project.
Its value is grounded in concrete metrics: it ranks highly for both its assessed value and living area compared to the wider city, suggesting a premium property within its market segment. The home would suit buyers looking for a move-in ready, spacious family home in a planned community, who appreciate a property that has already seen key upgrades (like the basement) and offers strong fundamentals relative to the broader market. A thoughtful perspective is that while the home is newer (top 12% in Winnipeg for year built), the 2011 build date means it’s past the initial “brand new” phase, potentially allowing the landscape and neighbourhood to feel more settled while the home itself remains modern.
Frequently Asked Questions
1. How does the lot size compare?
At 4,537 sqft, the land area is larger than approximately 65% of residential properties in Winnipeg, offering above-average outdoor space for the city.
2. What does the assessed value ranking mean?
An assessed value ranking in the top 6% for Winnipeg indicates that this property is officially valued higher than 94% of homes in the city, reflecting its combination of size, location, and features.
3. Is the neighbourhood well-established?
Bridgwater Forest is a planned community. With this home built in 2011, the specific street and area are past the earliest construction phases, offering more mature landscaping and an established community feel compared to brand-new subdivisions.
4. How does the living space compare to nearby homes?
With 2,153 sqft, this home has more living area than 68% of properties in the Bridgwater Forest neighbourhood, making it a larger-than-average home for the area.
5. What is the context of the last sale price?
The home last sold in March 2016 for $492,000. This historical data is provided for context, as the current assessed value and market conditions have likely changed since that transaction.