Property Overview & Key Characteristics
This two-storey home on a spacious 4,063 sqft lot in Bridgwater Forest is a modern, low-maintenance property built in 2010. Its primary appeal lies in its updated condition, above-average living space for the immediate area, and strong value retention. With 1,732 sqft of living area, it ranks in the top 14% of homes on its street for size. The home features a renovated basement and a detached garage.
The property suits first-time buyers or young families looking for a move-in ready home in a newer community without the premium of a brand-new build. It also appeals to value-conscious buyers, as its assessed value places it in the top 13% citywide, suggesting a solid municipal valuation relative to the market. The lot size offers good outdoor potential, while the community's newer infrastructure means fewer immediate major repair concerns compared to older neighbourhoods.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
While its living space is above average for its specific street, it ranks near the middle of the broader Bridgwater Forest neighbourhood for size and assessed value. This suggests it's a competitively sized home on a desirable street within the community.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the scope of work, whether it includes a legal secondary suite, and if permits were obtained.
3. Has the home's value increased since it was last sold?
The home sold for $431,000 in September 2019. Its current assessed value is $539,000. It's important to note that a municipal assessment is for tax purposes and not a market appraisal; a current market evaluation would determine the actual sale value.
4. What are the implications of a detached garage?
A detached garage can offer flexibility (e.g., for a workshop) and potentially reduce noise transfer to the house. However, it may be less convenient during Winnipeg winters compared to an attached garage.
5. The lot is large, but how is the yard configured?
With a lot size over 4,000 sqft, there is significant outdoor space. Buyers should verify the yard's orientation (for sun exposure), landscaping, and whether the lot backs onto a green space, lane, or other homes to understand its privacy and usability.