Property Summary: 267 Oak Lawn Road, Bridgwater Forest
Section 1: Overview & Appeal
This well-maintained two-storey home in the popular Bridgwater Forest neighbourhood offers a balanced package for modern living. Built in 2012, it sits on a generous 6,035 sqft lot, providing more outdoor space than many newer properties. The 1,850 sqft interior includes a renovated basement, adding valuable finished living area. Its key appeal lies in its established setting within a relatively young community—the landscaping is mature, and the neighbourhood feels settled, yet the home itself is modern and move-in ready.
The property suits first-time buyers or young families looking for a turnkey home in a sought-after area without the premium price of a brand-new build. Its recent sale in August 2024 suggests it was priced competitively for a quick transaction. A thoughtful perspective for buyers is to consider its strong ranking for lot size and newer age within the entire city (top 31% and 11%, respectively), which are long-term value drivers, even if its metrics are more average within its immediate street. This indicates you're buying into a above-average Winnipeg property, positioned in a desirable suburban pocket.
Section 2: Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for $60,000 above its $540k assessed value in August 2024. This is common in active markets and reflects current buyer demand rather than the city's assessment for tax purposes.
2. What does the "rank" data actually tell me?
The rankings compare this property against others on its street, in Bridgwater Forest, and across Winnipeg. For example, being "better than 89% in Winnipeg" for year built means it's among the newer 11% of homes city-wide, a significant advantage.
3. Is the lot size typical for the area?
At over 6,000 sqft, the lot is larger than 59% of those on Oak Lawn Road and 63% within Bridgwater Forest, offering more private outdoor space than many neighbouring properties.
4. The living area is ranked lower than the lot size. What does that mean?
The home's footprint is efficient on its larger lot. This could appeal to buyers who prioritize yard space over a massive interior, or it presents a future opportunity to expand the living space (subject to permits).
5. How established is the neighbourhood?
With homes built primarily in the 2010s, Bridgwater Forest is a mature, planned community. Trees and gardens are well-developed, and the infrastructure is relatively new, offering a blend of a settled feel with modern amenities.