Property Overview & Key Characteristics
This well-established home in Bridgwater Forest is a 2010-built, single-storey property on a large, 6,664 sqft lot. Its primary appeal lies in a combination of space, a desirable location, and strong value metrics. The home features a renovated basement and an attached garage, with a living area of 2,175 sqft.
The standout characteristic is its exceptional assessed value ranking, which places it in the top 1% of Winnipeg and the top 5% of the neighbourhood, suggesting it is a high-value asset relative to its peers. This is paired with a lot size that ranks in the top 20% city-wide, offering ample outdoor space in a community known for its planned, family-friendly layout. The home suits buyers looking for a move-in-ready property with a proven value foundation in a mature area of Bridgwater Forest. It would particularly appeal to downsizers or young families seeking single-level living without sacrificing yard space, and to value-conscious buyers who prioritize strong municipal assessment rankings as an indicator of long-term investment stability.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finishes, layout, and quality of the renovation work.
2. How does the assessed value compare to the asking price?
The current assessed value is $107.4k, which is a benchmark for municipal taxation. It is crucial to note that assessed value is not market value. The last sold price in 2020 was $83.5k, and the current asking price will be determined by current market conditions, recent comparable sales, and the home's updated features.
3. Is the large lot a maintenance advantage or burden?
At over 6,600 sqft, the lot is larger than 80% of properties in Winnipeg. This is a significant advantage for privacy, gardening, or outdoor recreation. However, it also means greater responsibility and potential cost for landscaping, lawn care, and snow clearing.
4. The home ranks lower for "newness" in the neighbourhood. Is that a concern?
Built in 2010, it is older than 71% of homes in Bridgwater Forest. This is not necessarily a drawback. It often means the home is past the initial "shakedown" period for new construction, and the neighbourhood's landscaping and community feel are more established. The renovated basement also indicates updates have been made.
5. What is the significance of the strong value rankings?
Ranking in the top 1% in Winnipeg for assessed value is a notable data point. It typically reflects the municipality's view of the property's worth relative to others, based on factors like lot size, location, and building quality. This can be a positive indicator for property value resilience, but should be considered alongside a full market evaluation.