Property Summary: 295 Oak Lawn Road, Bridgwater Forest
Key Characteristics & Appeal
This well-established two-storey home in the sought-after Bridgwater Forest community offers a balanced blend of space, location, and modern readiness. Built in 2011, it sits on a large 6,457 sqft lot, providing more yard space than 79% of properties on its own street. The 2,200 sqft living area is notably spacious, ranking in the top 6% for size across Winnipeg. A key feature is the renovated basement, adding immediate functional living space without the need for a major project.
The appeal lies in its position within a mature, family-friendly neighbourhood. The home’s lot size and living area are its standout physical attributes, offering room to grow and relax. Its assessed value has shown consistent growth, and the property ranks highly in both size and value compared to the wider city, suggesting a solid investment in a desirable area.
This home would suit a growing family seeking move-in-ready space in a prime suburban community, or a value-conscious buyer looking for a property with above-average metrics for its lot and interior square footage in a competitive market.
Frequently Asked Questions
1. How does the property’s age compare to others in the area?
Built in 2011, the home is newer than 88% of properties in Winnipeg, but is around the median age for Bridgwater Forest itself. This suggests a modern home within a community that is largely established, offering mature landscaping and settled infrastructure.
2. What does the recent sale history indicate?
The home sold in June 2023 for $59.50k. This is below the current assessed value of $63.10k. A review of the detailed listing and a professional appraisal would be needed to understand the specifics of that sale and its relation to current market value.
3. Is the lot size typical for the street and neighbourhood?
Yes, the 6,457 sqft lot is a significant feature, ranking larger than 79% of lots on Oak Lawn Road. This indicates the property likely has one of the more generous yards in its immediate vicinity.
4. How does the living space compare?
At 2,200 sqft, the living area is a major asset. It is larger than 94% of Winnipeg homes and 70% of those in the Bridgwater Forest neighbourhood, indicating ample interior space for a family.
5. Are comparable properties nearby?
The listing shows nearby homes on the same street with similar assessed values. However, key differentiators for this specific property are its renovated basement and its particularly large lot size, which may not be matched by the direct neighbours.