Property Overview
This two-storey home in Bridgwater Forest, built in 2011, presents a solid opportunity in a desirable neighbourhood. Its key appeal lies in the combination of above-average living space and a lot size that offers room to breathe. With 2,327 sqft of living area, the home is larger than over 80% of comparable properties in both the immediate area and Winnipeg, making it a notably spacious offering. The 5,306 sqft lot provides good outdoor potential. While the basement exists, it is noted as unrenovated, presenting a blank canvas for future expansion or storage. The home last sold in July 2024 for $700,000, a figure that ranks highly compared to recent sales citywide.
Its appeal is grounded in space and location. It suits buyers who prioritize interior square footage and a larger yard within a modern, planned community. It would particularly fit a growing family looking for established neighbourhood amenities without needing a brand-new build. The unrenovated basement is a key consideration; it’s ideal for a buyer who views it as a project with future value-add potential, rather than someone seeking immediate, move-in-ready finished space. A thoughtful perspective is that while the assessed value is relatively low, the recent sale price suggests the market recognizes a premium for the home's generous proportions and Bridgwater Forest address.
Frequently Asked Questions
Q: How does the lot size compare to others in Bridgwater Forest?
A: At 5,306 sqft, the land area is above average for the street but ranks near the middle for the broader neighbourhood, indicating it's a good, standard-sized lot for the area.
Q: The assessed value seems low compared to the recent sale price. Why is that?
A: Municipal assessed values for taxation often lag behind current market values. The July 2024 sale price of $700,000 is a more accurate reflection of the home's recent market worth.
Q: What does "basement, not renovated" typically mean?
A: This usually indicates the basement is unfinished or in a basic, builder-grade state. It likely has concrete floors and walls, ready for a future owner to design and finish according to their needs.
Q: Is this home newer or older than most in the area?
A: Built in 2011, it is newer than 88% of homes in Winnipeg, but within Bridgwater Forest itself—a newer community—it is slightly older than average, ranking in the middle of the pack.
Q: How does the living space truly compare?
A: Very favorably. With 2,327 sqft, this home offers more living area than approximately 96% of all homes in Winnipeg, making it a standout for space within the city.