Property Overview
This well-maintained one-storey home in Bridgwater Forest offers a practical and comfortable living space on a generous lot. Built in 2009, its key appeal lies in its updated basement and a layout suited for easy, single-level living. The detached garage and a land area over 4,200 sqft provide valuable space and flexibility not always found in newer subdivisions. While the living area is modest, the renovated basement significantly expands the usable space, making it ideal for a growing family, a couple needing a home office or rec room, or a buyer seeking a manageable property with outdoor room to grow. Its assessed value ranks highly within Winnipeg, suggesting a solid, long-term investment in a desirable modern community.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
The property sits on a larger-than-average lot for the area, ranking in the top 10% for land size on its street. However, the living space is more compact compared to many neighbourhood homes, placing it in the top quarter. It offers a balance of ample outdoor space with efficient indoor living.
2. What is the significance of the assessed value versus recent sale prices?
The current assessed value is significantly lower than the 2021 sale price. This is typical, as municipal assessments for tax purposes often lag behind market values. The 2021 sale price is a more current indicator of its market worth, showing strong appreciation from its 2016 sale.
3. Is the basement development a full secondary suite?
The listing notes a renovated basement, but does not specify it as a legal suite with a separate entrance. Buyers should verify the nature of the renovations, its compliance with codes, and whether it could be used as a potential rental income source or is simply enhanced living space.
4. What are the pros and cons of a detached garage?
A detached garage offers flexibility for future expansion (like a workshop or studio) and can reduce noise in the home. The trade-off is the inconvenience of accessing your vehicle in Winnipeg winters compared to an attached garage.
5. The home is 17 years old; what major components might need attention?
While the basement has been updated, key original components like the roof, major appliances, HVAC system, and exterior finishes are approaching or within the timeframe where inspection and potential replacement should be budgeted for.