Property Overview
23 Maidstone Bay is a modern two-storey home in the sought-after Bridgwater Forest neighbourhood. Built in 2011, it sits on a large, private lot of nearly 10,000 square feet, which is a standout feature in the area. The home offers 1,921 sqft of living space and includes an attached garage and a renovated basement. Its appeal lies in the combination of a mature, established lot in a relatively newer community, offering both space and modern construction. The property ranks highly for its lot size and value within Winnipeg, suggesting a solid investment in a desirable location.
This home would suit buyers looking for a move-in ready property with ample outdoor space for gardening or family activities, without needing to venture to the city's outskirts. It’s also a strong match for those who value neighbourhood stability and long-term value, as the data indicates it holds its worth well against both local and city-wide comparisons.
Key Details & FAQs
Key Characteristics & Appeal
The primary draw is the exceptional lot size, which is larger than 93% of properties in Winnipeg, offering rare privacy and potential in this community. While the living area is comfortably sized, the true value is in the land. The home itself is modern with updated touches like the renovated basement, appealing to those who want minimal immediate work. Its assessed value has remained robust, performing better than most of the city, which speaks to the enduring desirability of Bridgwater Forest. It would particularly suit growing families seeking space, or downsizers who want a manageable home without sacrificing yard size, as well as value-focused investors attracted by its strong market rankings.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
This lot is significantly larger than many found in newer phases of development. The 9,704 sqft plot is a feature more common in older neighbourhoods, making it a unique find in a modern community like Bridgwater Forest.
2. The home was last sold in 2019. What does the sale history suggest?
It sold for $520k in 2019, which was above the neighbourhood median at the time. This indicates a history of strong buyer interest and a willingness to pay a premium for properties in this specific location, supporting its value proposition.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.
4. The living area ranks lower on its street but high city-wide. What does this mean?
This suggests that while the home itself is of average size for its immediate block, it is still larger than most homes across Winnipeg. The street may have a mix of larger models, but the property remains spacious by broader standards.
5. What is the significance of the high "Winnipeg Better Than" rankings?
Rankings above 90% for lot size, assessed value, and living area city-wide indicate this is a premium property compared to the overall Winnipeg market. It consistently performs in the top 10-15%, highlighting its competitive edge for resale value and desirability.