Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, well-appointed property built in 2011. Its key appeal lies in a combination of generous space, desirable amenities, and strong value metrics within the wider Winnipeg market. The home sits on a large 5,350 sqft lot and features a renovated basement, an attached garage, and a private pool.
The data suggests its primary strengths are its size and established value. With a living area of 2,455 sqft, it is notably larger than most homes in Winnipeg (top 3%) and its own neighbourhood. Its assessed value ranks in the top 1% city-wide, indicating a premium valuation relative to the market. The property would suit buyers looking for a move-in ready, family-sized home in a newer suburban community, particularly those who value above-average indoor and outdoor space, the luxury of a private pool, and a home with recent updates. It’s also a compelling option for data-driven buyers who appreciate its strong standing in comparative metrics for area, value, and assessed worth.
Frequently Asked Questions
1. How does the property’s age (built 2011) compare to the area?
While newer than 88% of homes in Winnipeg, it is actually slightly older than the median for its specific street in Bridgwater Forest, ranking in the top 70% (meaning 70% of street homes are newer). This suggests the immediate area has continued to develop with newer builds since 2011.
2. The assessed value is $92.80k, but it last sold for $76.50k in 2021. Why is there a discrepancy?
This is a common point of clarification. The assessed value for tax purposes is not the same as market value or a recent sale price. The provided "Similar Assessed Value" list shows other properties across Winnipeg with the same tax assessment, which vary greatly in location and type, underscoring that assessment is a specific administrative metric, not a direct price comparison.
3. What do the ranking percentages (e.g., "Top 23%") actually mean?
These rankings show how the property compares to specific groups. For example, its living area is "Top 23%" on its street, meaning it is larger than 77% of its immediate neighbours. A "Top 51%" rank in the neighbourhood for land area indicates it is almost exactly average in lot size for Bridgwater Forest.
4. Is the pool a common feature for this neighbourhood?
The listing does not provide neighbourhood data on pools. As a premium feature in a Canadian climate, a private pool is a distinct advantage for enjoyment but also implies specific maintenance considerations and costs that may not be typical for all area homes.
5. The home ranks very high city-wide for size and value. Does that mean it's priced below market?
Not necessarily. The high city-wide rankings (top 1-3%) primarily reflect that this is a large, modern property in a newer suburb compared to the entire Winnipeg housing stock, which includes many older, smaller homes. Its price will be determined by the current market conditions in its specific, desirable suburb of Bridgwater Forest.