Property Overview
This two-storey home in Bridgwater Forest presents a compelling blend of space, modern updates, and established community living. Built in 2011, it sits on a large, nearly 10,000 sqft lot, offering more private outdoor space than most homes in the immediate area. The 2,320 sqft interior is complemented by a renovated basement, adding valuable finished living space. With an attached garage and a history of thoughtful investment evident in its renovation and value appreciation, this is a home that has been both lived in and improved.
Its appeal lies in its position as a "best-in-class" property within its own micro-market. The data consistently shows it ranks in the top 15-20% of its street and neighbourhood for key metrics like lot size, living area, and assessed value. This isn't just another house in the area; it's one of the larger and more valuable properties on the block. The significant jump in sale price from 2019 to 2023 further underscores its perceived and realized value growth.
This home would suit move-up buyers or growing families looking for a turnkey property in a mature, amenity-rich suburb like Bridgwater Forest. It’s ideal for those who want the space of a new build but prefer the established landscaping and finished character of a home that’s been thoughtfully updated. It also appeals to the value-conscious buyer who appreciates a property that demonstrably stands out in its immediate peer group for size and investment potential.
Frequently Asked Questions
Q: How does the lot size compare practically?
A: At 9,697 sqft, the lot is substantially larger than many in newer subdivisions. This allows for greater privacy, larger garden potential, and more distance from neighbours, which is a premium feature in a community known for its parks and trails.
Q: What does the "renovated basement" likely include?
A: While specific finishes aren't listed, a renovation in a home of this age and value typically means creating a legal or comfortable secondary living space. Buyers should inquire for details, but it often includes proper flooring, drywall, lighting, and possibly a bathroom or bedroom, adding significant functional square footage.
Q: The home sold in 2023. Why is it back on the market so soon?
A: A quick resale isn't inherently negative. It can be due to a change in job location, family circumstances, or a strategic investment move. The stable assessed value and strong historical rankings suggest the property itself has remained desirable.
Q: The 2019 sale price seems low. What happened?
A: The 2019 sale at $524k ranked in the bottom third for the street at that time, likely representing a below-market purchase or different condition. The subsequent renovation and strong 2023 sale at $675k indicate a period of significant improvement and value recovery, showcasing a successful value-add story.
Q: Are the high neighbourhood rankings meaningful?
A: Yes, but context is key. Ranking in the top tier for lot size and living area in Bridgwater Forest—a popular, modern community—is a strong differentiator. It means you're getting more of what people are looking for in that specific area, which supports long-term value.