Property Overview
This two-storey home in Bridgwater Forest is a well-maintained property built in 2012. Its primary appeal lies in its above-average living space and recent, significant updates. With 2,324 sqft of living area, it ranks within the top third of homes on its street and the top 20% within the neighbourhood for size, offering more room than many comparable properties. A key feature is the renovated basement, which adds immediate functional space without the need for future investment. The home sits on a standard lot for the area and includes an attached garage.
The data suggests it would particularly suit practical buyers looking for a move-in ready home in a modern suburb, who value space and recent renovations over having the newest build on the block. It also presents a notable value perspective: while its assessed value is $650k, it last sold for nearly $690k in mid-2023, indicating a history of market valuation that exceeds its official assessment. Buyers seeking a established home in a newer community, where the landscaping and neighbourhood amenities have matured, will find its combination of space, updates, and location compelling.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 2,324 sqft, the living area is larger than approximately 80% of homes in the Bridgwater Forest neighbourhood, placing it in the top quintile for space locally.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point for your viewing or to discuss with the listing agent to understand the quality and scope of the work.
3. The home was built in 2012. Are there any major components nearing the end of their lifespan?
While still relatively modern, a 12-year-old home may see the natural lifecycle of original appliances, the roof, or the HVAC system. A thorough inspection is recommended to assess the condition of these major items.
4. The assessed value is $650k, but it sold for $689k in 2023. Why the difference?
Property assessments for taxation often lag behind current market values. The recent sale price is a stronger indicator of its market worth, suggesting the home has been valued higher by buyers than by the municipal assessment.
5. How does the lot size and ranking affect the property?
The lot is 4,591 sqft, which is typical for the street but ranks better than only 40% of direct neighbours. This means it is a standard-sized lot for the area, not a standout feature, but is consistent with the community's planned layout.