Property Overview
This two-storey home in Bridgwater Forest offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, it sits on a spacious 6,189 sqft lot, providing more yard space than over half the properties on its street. The 1,841 sqft living area is efficiently designed and ranks in the top 14% for size across Winnipeg, suggesting a practical and comfortable layout. Its appeal lies in its balance of being a relatively newer build in a well-regarded neighbourhood, with the added benefit of an undeveloped basement offering potential for future customization. This property would suit first-time buyers or young families looking for a move-in-ready home in a modern suburb, as well as value-conscious buyers who see potential in finishing the basement to increase living space.
Key Details & FAQs
- Key Characteristics: An 11-year-old, two-storey home with an attached garage, an unfinished basement, and above-average interior space for the city. It occupies a larger-than-typical lot for its street.
- Primary Appeal: A modern home in a popular planned community (Bridgwater Forest), offering a blank canvas in the basement and a generous yard for its area.
- Ideal Buyer: First-time buyers, young families, or investors seeking a newer property with room to grow and add value.
Frequently Asked Questions
1. How does the property's value compare to the neighbourhood?
The home's current assessed value is notably lower than many nearby comparable properties, such as the neighbouring home on Forest Creek Road. This may indicate a different valuation approach, lot specifics, or the unfinished state of the basement, potentially representing a value opportunity.
2. What does the "Sold" history from 2017 tell us?
The home sold for $449,000 in late 2017. Comparing this to the current assessed value and nearby sales provides context for market appreciation and is a useful starting point for understanding the seller's equity and the area's price trajectory.
3. Is the large lot a major advantage here?
Yes and no. While the lot is larger than 53% on Oak Lawn Road, it's important to note that lot sizes in Bridgwater Forest can vary. The advantage is more private outdoor space, but property taxes may also reflect the larger land area.
4. Who might the unfinished basement not suit?
Buyers seeking immediate, turn-key living space or those without the budget or desire for a renovation project may find the unfinished basement a drawback. It requires a future investment of time and money to realize its full potential.
5. How "new" is an 11-year-old home in this context?
Built in 2015, it is newer than 92% of homes in Winnipeg, meaning major components like the roof, windows, and HVAC are likely still in good condition. However, it's at an age where some original appliances or systems may soon need servicing or replacement, which is a consideration different from a brand-new build.