Property Overview: 19 Maidstone Bay, Bridgwater Forest
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in the popular Bridgwater Forest neighbourhood presents a compelling blend of space, modern updates, and strong community standing. Built in 2011, the property sits on a generous 7,507 sqft lot, offering more outdoor space than most in the immediate area. The home itself features a renovated basement and over 2,000 sqft of living area, which ranks within the top 8% of Winnipeg for size. Its appeal lies not just in these tangible features, but in its consistent high ranking across key metrics. The property places in the top 15% of its street for lot size and assessed value, and ranks in the top 13% city-wide for overall value—indicating a well-regarded home in a desirable location.
Beyond the specs, this home suits buyers looking for a move-in ready property in a mature, master-planned community. It’s ideal for growing families or professionals seeking space and stability, with the renovated basement adding immediate functional living area. The strong comparative rankings suggest a property that has kept pace with or exceeded area norms, offering a sense of both comfort and a sound investment. A thoughtful perspective for buyers is the balance between the established nature of the 15-year-old home and the recent renovations, which may reduce immediate upgrade costs while providing modern finishes.
Frequently Asked Questions
1. How does the assessed value compare to likely selling price?
The assessed value is a municipal figure for tax purposes and is typically lower than market value. This home’s assessed value of $63.8k ranks in the top 5% in Winnipeg, indicating strong underlying value, but the final sale price will be determined by current market conditions.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the permits, finish quality, and whether it includes added bedrooms, a bathroom, or a recreational space to fully understand the home’s layout and value.
3. Is the lot size typical for Bridgwater Forest?
At 7,507 sqft, this lot is larger than 77% of others on Maidstone Bay and ranks highly in the neighbourhood. It offers more private outdoor space than many newer homes in the area, which often have smaller lots.
4. How does this home compare to the nearby reference property at 47 Almington Bay?
While both were built in 2011, 19 Maidstone Bay has a significantly larger living area (2,095 vs. 1,448 sqft) and a higher assessed value, suggesting it is a more substantial property in terms of size and configuration.
5. What is the significance of all the ranking data?
The rankings provide quick, objective context. They show this property consistently performs above average for its street, neighbourhood, and city in categories like lot size, living area, and value. This points to a home that is a strong contender within its market segment.