Property Overview
This two-storey home in Bridgwater Forest is a well-established property in a modern Winnipeg community. Built in 2011, it offers a renovated basement and an attached garage on a standard-sized lot. The home’s primary appeal lies in its above-average living space relative to the area, providing room to grow. It suits practical buyers looking for a move-in ready home in a newer suburb without the premium of a brand-new build. A thoughtful perspective is its position as a "known quantity" in a settled part of the neighbourhood, offering more predictable community dynamics and mature landscaping compared to the still-developing sections.
Key Details & Suitability
- Key Characteristics: A 15-year-old, two-storey home with 2,574 sq ft of living space, a renovated basement, and an attached garage. The lot is 4,655 sq ft. It ranks highly for its size and newer age within its immediate street and wider city.
- Primary Appeal: The significant living area is a standout, offering more interior space than approximately 94% of similar-aged properties in Bridgwater Forest. The renovated basement adds immediate functional space. Its assessed value has risen notably since its 2020 sale, indicating solid market recognition.
- Ideal Buyer: This property is a strong match for families or professionals seeking space and modern suburban amenities. It would particularly suit a value-conscious buyer who appreciates that the home is past its initial "shakedown" period but is still contemporary, with major renovations like the basement already addressed.
Frequently Asked Questions
1. How does the property's age (2011) affect potential maintenance?
While still a modern home, it is now at an age where some original components (like the roof, HVAC, or major appliances) may be nearing or due for scheduled replacement or servicing. A thorough inspection is advised to anticipate upcoming capital upkeep.
2. The assessed value is much higher than the 2020 sale price. What does this mean?
The assessed value is for municipal tax purposes and reflects market growth and improvements (like the basement renovation). It is not a direct market price, but the increase suggests the property has appreciated significantly. The actual sale price will be determined by current market conditions.
3. The home ranks highly for size, but lower for lot value on its street. Why?
This indicates the house itself is larger and likely offers more finished space than many neighbours, which is a key asset. The lower ranking for assessed value on the street may relate to lot specifics, orientation, or the style/updates of the homes it's compared against.
4. Is the renovated basement permitted and compliant with building codes?
This is a critical verification step. Prospective buyers should request documentation for the basement renovation to confirm all work was done with the necessary permits and meets current building codes and safety standards.
5. What is the community vibe in this part of Bridgwater Forest?
As one of the earlier-built homes in the area, this section is more established with mature trees and settled residents. It likely offers a quieter, more cohesive neighbourhood feel compared to pockets of the community that are still under active construction.