Property Overview
This two-storey home in Bridgwater Forest is a modern, spacious property built in 2017. Its key appeal lies in its generous proportions and recent updates. With 2,746 sqft of living space and a renovated basement, it offers ample room for a growing family or those who enjoy entertaining. The attached garage and a land area of over 4,500 sqft add to its practical appeal.
The home is particularly suited to buyers looking for a move-in ready, contemporary property in a newer community. Its significant size, both indoors and on the lot, makes it stand out in the area. The data suggests a buyer who values space and modernity over an established, mature streetscape, as the home ranks highly for size and newness within its immediate surroundings but sits on a street where many lots are larger. The strong, consistent appreciation in sold prices (from $720k in 2021 to $860k in 2023) indicates a solid investment history in a desirable neighbourhood.
Frequently Asked Questions
1. How does the property's value compare to the neighbourhood?
The home's last sold price and assessed value rank in the top 10-15% of the Bridgwater Forest neighbourhood, indicating it is valued higher than most comparable properties in the area.
2. Is the lot size typical for the street?
No. While the home itself is large, the land area ranks at the very bottom (0%) for Hill Grove Point. This means it sits on one of the smallest lots on the street, though it is still a substantial 4,527 sqft.
3. What does the sale history tell us about the property's market performance?
The sale history shows robust appreciation, increasing by approximately 19% over two years between 2021 and 2023. This performance outpaces many properties in Winnipeg and suggests strong demand for homes in this specific part of Bridgwater Forest.
4. How modern is this home compared to others in Winnipeg?
Built in 2017, the home is newer than approximately 94% of properties in Winnipeg, placing it in the top 6% for age. It offers contemporary construction and systems without being a brand-new build.
5. Are the property taxes likely to be high?
The assessed value of $791,000 is significantly higher than the last sold price of $860,000. Prospective buyers should inquire with the city about the current assessed value and tax bill, as this discrepancy could indicate a recent reassessment or an appeal in progress.