Property Overview: 151 Beachham Crescent, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in the popular Bridgwater Forest neighbourhood offers a blend of space, modern updates, and established community living. Its key appeal lies in its generous 7,579 sqft lot, which is larger than 93% of others on the street, providing ample outdoor space in a newer community where lots can vary. The living area is a comfortable 1,793 sqft, and the home features an attached garage and a renovated basement, adding valuable finished space.
The property’s strongest suit is its exceptional value standing. With an assessed value ranking in the top 4% of its street and top 5% city-wide, it presents as a high-value home within its immediate context. This is corroborated by its 2019 sale price, which also ranked in the top 5% across Winnipeg, suggesting a history of strong market appeal. While the home itself is from 2009, the renovated basement modernizes the living space.
This home would ideally suit growing families or downsizers seeking single-level living without compromising on yard size. It appeals to buyers looking for a move-in ready property in a mature, amenity-rich suburban neighbourhood, who also value a home with a demonstrated track record of above-average valuation compared to its peers.
Section 2: Frequently Asked Questions
1. How does the age of the home (built 2009) compare to the rest of the area?
While Bridgwater Forest is a newer community, this home is among its earlier builds. It ranks as newer than only about 5% of homes on its street, meaning most direct neighbours have more recently constructed homes. This can be a positive, indicating an established streetscape and mature landscaping.
2. What does the high assessed value ranking practically indicate?
Ranking in the top 5% in Winnipeg for assessed value means the city’s valuation for this property is significantly higher than most. This generally reflects a combination of its large lot, renovations, and desirable location. It’s a strong indicator of the property’s baseline worth, though market sale price is determined by current conditions.
3. Is the renovated basement a legal suite?
The provided details state the basement is renovated but do not specify it as a legal secondary suite. Buyers should verify with the listing agent or city permits to confirm the nature of the renovations and its approved use.
4. The lot is large, but how is the home’s size relative to the neighbourhood?
At 1,793 sqft, the living area is right at the neighbourhood median (top 50%). This suggests the home itself is a standard size for the area, while its standout feature is the larger-than-average lot it sits on.
5. The last sale was in 2019 for $640k. How relevant is that price today?
While it shows a history of strong value, real estate markets have shifted significantly since 2019. That price is a useful data point for understanding past appreciation but should not be used in isolation to determine current value. A comparative market analysis of recent 2024 sales is essential.