Property Summary
Key Characteristics & Appeal
This is a 2009-built, single-storey home in the popular Bridgwater Forest neighbourhood. Its key characteristics include a detached garage, a full (but unrenovated) basement, and a generous 4,063 sqft lot, which is notably larger than most on its street. With 1,285 sqft of living space, it offers a practical, low-maintenance layout suitable for a small family, first-time buyers, or downsizers.
The primary appeal lies in its established location within a modern community, combined with the value proposition of a solid, newer-construction home on a sizable lot. The data suggests it is a competitively valued entry point into the area, having appreciated steadily since 2021. It would particularly suit buyers who prioritize lot size and a quiet street over a large interior footprint, and who see potential in a home that offers a blank-slate basement to finish to their own taste. A thoughtful perspective is that while the house itself ranks average in size for the city, the lot and the home's age are significant assets, offering outdoor space and modern building standards that are harder to find in older, central neighbourhoods.
Frequently Asked Questions
1. How does this home's value compare to the area?
The assessed value is competitive for Bridgwater Forest. It sits in the top third for value in Winnipeg, indicating a solid investment for its age and area, though it is among the lower-valued homes on its specific street.
2. What does the lot size ranking mean?
The lot is larger than 87% of others on Lake Forest Road. This is a standout feature, offering more private outdoor space than most direct neighbours, which is a relative rarity in newer subdivisions.
3. Is the basement finished?
No, the basement is noted as "not renovated." It is a full, unfinished space, presenting both a cost and an opportunity for future expansion to add significant living area and value.
4. How does the living space compare to nearby homes?
At 1,285 sqft, the living area is modest. It is smaller than approximately 76% of homes in Bridgwater Forest, indicating this is a more compact, efficient home plan compared to many two-storey models in the community.
5. What is the history of price changes?
The home sold for $39.3k in 2021 and then $50.3k in 2022, showing considerable appreciation. The current assessed value of $45.7k sits between those two sale prices, suggesting a stable market valuation.