Property Overview: 15 Appletree Crescent, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in the popular Bridgwater Forest neighbourhood offers a blend of space, modern updates, and established community living. Built in 2009, it sits on a large 6,540 sqft lot, providing ample outdoor space—a notable feature as the lot size ranks better than most in Winnipeg. The 2,072 sqft living area is spacious for its category, placing it within the top 8% of the city for size. A key feature is the renovated basement, adding valuable finished space. There is no garage or pool.
The appeal lies in its balance. It’s a home that has passed the initial "newness" phase, meaning the major development phase of the area is settled, but it’s not an older property requiring significant updates. The renovated basement suggests immediate livability. Its strength is in its above-average lot and living space within a modern, family-oriented community. The 2017 sale price of $55.50k (assessed at $62.10k) indicates a history of stable value.
This property would suit a buyer looking for a move-in ready family home in a sought-after newer suburb, who prioritizes indoor and outdoor space over having a garage. It’s ideal for those who want a established neighbourhood feel without the upkeep of a much older house.
Frequently Asked Questions
1. Why is the assessed value higher than the last sale price?
The last sale was in 2017. The current assessed value reflects market valuations and any improvements made since then, such as the basement renovation. It’s a common scenario for properties that haven’t been sold in several years in an active market.
2. What does "no garage" mean for this neighbourhood?
Many homes in newer subdivisions like Bridgwater Forest have garages. Not having one is a trade-off for the price point and lot size. Buyers should plan for driveway parking and consider the potential for a future garage build, subject to local bylaws.
3. The home ranks lower for "year built" in its neighbourhood. Is it outdated?
Not at all. "Better than 11%" means 89% of homes in Bridgwater Forest are newer than this one, as construction continued after 2009. It simply means it was built in the earlier phases of this community, not that it’s an old home.
4. How significant is the lot size?
Very. At over 6,500 sqft, the lot is a standout feature, offering more private outdoor space than many modern subdivisions provide. This is a key advantage for gardening, play, or future additions.
5. The 2017 sale price seems low. What does that indicate?
That sale price reflects the market conditions at that time. It does not indicate a problem with the property. The consistent rankings in the top percentiles for value and size since then suggest it has appreciated in line with or better than the broader market.