Property Overview: 27 Bridlewood Road, Bridgwater Forest
Key Characteristics & Appeal
This well-situated one-storey home in Bridgwater Forest is defined by its generous space and strong value metrics. Built in 2010, the property sits on a large 6,089 sqft lot that ranks in the top 21% for size on its street. The interior living area is notably spacious at 2,306 sqft, placing it in the top 4% of all Winnipeg homes for size. A key feature is the renovated basement, adding to the functional living space, along with an attached garage.
The primary appeal lies in its established and highly desirable location within a modern neighbourhood, combined with standout statistical advantages. The home’s assessed value of $95.90k ranks in the top 1% citywide, suggesting a very strong municipal valuation relative to the market. This creates a compelling proposition for value-conscious buyers seeking a home with above-average fundamentals. It would particularly suit growing families or professionals looking for ample single-level living space in a newer community, without the premium of a brand-new build. A thoughtful perspective is that this home represents a "sweet spot" in the neighbourhood—older than the newest constructions, which often means more established landscaping and settled infrastructure, yet still modern and with significant upgrades already in place.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It indicates that, according to the municipal tax assessment, this property’s valuation is higher than 99% of homes in Winnipeg. This can reflect the property’s size, features, and location, but it's important to note that assessed value is for taxation and isn't a direct market appraisal.
2. The home sold in 2019 for $67.50k. Why is there such a gap compared to the assessed value?
The 2019 sale price is a historical data point and likely doesn't reflect current market value. The significant difference highlights strong appreciation in the area and the impact of the basement renovation, underscoring the importance of a current professional valuation.
3. Who would benefit most from the single-storey layout?
While ideal for those seeking accessibility or who prefer to avoid stairs, the one-storey design also appeals to families wanting a cohesive, open living space where common areas are all on one level.
4. How does the lot size compare to newer homes in similar areas?
At over 6,000 sqft, the lot is substantially larger than many found in newer suburban developments, offering more outdoor space and potential—a key differentiator as lot sizes in new constructions tend to shrink.
5. The rankings show the home is newer than 87% of Winnipeg, but only 29% of the neighbourhood. What does this indicate?
It confirms that Bridgwater Forest is a relatively new community overall. This home is well-established within the neighbourhood context, which can mean fewer initial growing pains and a more mature streetscape compared to the newest phases.