Property Overview
This two-storey home in Bridgwater Forest presents a compelling opportunity in a sought-after neighbourhood. Built in 2012, it sits on a large, 6,955 sqft lot that ranks in the top 7% for size on its street. The home features a renovated basement and an attached garage. Its key appeal lies in its established position within a newer community—it’s past the initial settling-in phase of a new build, yet modern enough to avoid major immediate upkeep. The data suggests a property that has been a strong performer, with its last sold price in 2022 ranking in the top 6% for Winnipeg, indicating a history of solid value retention.
The home would suit buyers looking for a move-in ready property in a family-oriented area who value space and a proven location. It’s particularly well-suited for those who appreciate a larger lot for privacy, gardening, or future expansion. The renovated basement adds functional living space, making it ideal for growing families, those who work from home, or anyone wanting dedicated entertainment or hobby areas. It’s a practical choice for buyers seeking a balance between a newer home’s amenities and the established character of a maturing neighbourhood.
Frequently Asked Questions
1. What does the "ranking" data actually tell me?
The percentile rankings compare this property against its immediate street, neighbourhood, and the entire city for metrics like lot size and assessed value. For example, ranking "better than 93% in same street" for land area means this lot is larger than almost all others on Poplar Point, a significant advantage for privacy and outdoor space.
2. Is the assessed value the same as the market value?
No. The assessed value ($581,000) is for municipal tax purposes. The market value is determined by current buyer demand. The last sold price of $620,000 in 2022 is a more relevant recent benchmark, but a professional appraisal or comparative market analysis is needed for today's value.
3. The living area is noted as 1,484 sqft. Does this include the renovated basement?
Typically, municipal living area (sqft) calculations do not include below-grade spaces, even if finished. The 1,484 sqft likely refers to the above-grade living space. The renovated basement adds significant additional functional space not reflected in that primary figure.
4. The home was built in 2012. What major maintenance should I anticipate?
While still relatively modern, a home of this age may be approaching the point where original components need attention or upgrading. A thorough inspection should focus on the roof, major appliances, the HVAC system, and exterior finishes like caulking and paint, which may be due for refreshment.
5. How does the lot size compare to newer homes in the area?
A nearly 7,000 sqft lot is a standout feature. Newer developments often have smaller lot sizes, so this property offers more outdoor space than many contemporary builds. This provides greater potential for additions, landscaping, or simply more yard space, which is becoming increasingly rare.