Property Overview
This two-storey home in Bridgwater Forest is a modern, low-maintenance property built in 2015. Its primary appeal lies in its strong position within a newer, sought-after neighbourhood, offering a move-in-ready canvas. The home sits on a generous 5,326 sqft lot and features 2,274 sqft of living space, which ranks notably above average for Winnipeg. With an attached garage and an unfinished basement, it provides both immediate comfort and future potential for customization.
The property suits first-time buyers or young families looking for a modern home in a community with newer infrastructure, without the premium of a brand-new build. It also appeals to practical buyers who value data-driven decisions, as the home consistently ranks in the top tiers of Winnipeg for living space and assessed value, suggesting a solid investment in a desirable area.
Key Questions & Considerations
1. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-oriented community in southwest Winnipeg. It features newer schools, extensive walking paths, and parks. The property itself is on a quiet bay, with neighbours in very close proximity, as indicated by the nearby property distances.
2. Why is the assessed value so much lower than the recent sale price?
The assessed value ($64.30k) is for municipal tax purposes only and is not an indicator of market value. The recent sale in December 2023 was for $650,000, which is the relevant figure for understanding current market worth.
3. What does the sale history tell us?
The home sold for $580,000 in March 2021 and then $650,000 in December 2023. This shows significant appreciation over a short period, reflecting both market conditions and the desirability of the area. Buyers should investigate current market trends to see if this growth trajectory is sustainable.
4. Is the basement ready to use?
The basement is noted as "not renovated," meaning it is unfinished. This is a project for a future owner but also represents an opportunity to add value and tailor the space to specific needs without paying a premium for a prior owner's finish choices.
5. How does this home compare to others nearby?
The data shows this home is newer than 92% of properties in Winnipeg and has more living space than 95% of them. On its specific street, it ranks well for size and year built. This suggests you are getting a relatively modern and spacious home for the city, even if it's mid-range on its own block.