22 Beddington Street is a modern, two-storey home built in 2018, situated on a spacious lot in the Bridgwater Forest neighbourhood. Its primary appeal lies in its balance of contemporary build quality, a fully renovated basement, and strong value performance within a desirable, family-oriented community. The home is notably newer than most in its immediate area and has seen significant equity growth, having sold for $750k in 2023—a substantial increase from its 2019 sale price.
This property is well-suited for young families or professionals seeking a move-in ready home with modern amenities and room to grow. It would also appeal to value-conscious buyers who prioritize a home’s ranking against its peers, as this house performs strongly in city-wide metrics for its age, assessed value, and recent sale price. The renovated basement adds flexible living space, making it ideal for those needing a home office, recreation room, or extended family accommodation.
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How does the lot size compare to others on the street?
At over 5,100 sqft, the land area is larger than two-thirds of the lots on Beddington Street, offering above-average outdoor space for the block.
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The living area is noted as being in the top 67% on its street. Does this mean the house is small?
Not necessarily. With 2,277 sqft of living space, it is above average for both the neighbourhood and Winnipeg overall. This street-specific ranking suggests some immediate neighbours may have larger homes, but the size is very competitive in the broader market.
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What does the significant increase in sale price from 2019 to 2023 indicate?
It reflects strong market appreciation and likely the value added by the basement renovation. It demonstrates the home’s solid investment trajectory, though future growth will always be subject to market conditions.
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Is the assessed value a reliable indicator of the property tax bill?
The assessed value ($671,000) is for municipal taxation purposes and is typically lower than market value. Property taxes are calculated using this assessed value and the city’s mill rate, so it’s a useful baseline for estimating annual costs.
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The home is newer than 95% of Winnipeg. What are the practical benefits?
A 2018 build means modern building codes, newer major systems (like HVAC and wiring), and potentially lower immediate maintenance costs compared to an older home, providing peace of mind for the next several years.