Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a well-established property in a mature area of the neighbourhood. Built in 2011, it offers a practical layout with 1,756 sqft of living space, an attached garage, and a full, unrenovated basement on a generous 4,228 sqft lot. The appeal lies in its balance of space and location within a sought-after community. Its rankings suggest it's a newer home compared to most in Winnipeg, on a larger-than-average lot for its immediate street, offering a sense of established privacy.
The property would suit first-time buyers or young families looking for a move-in ready home in a popular area without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize lot size and see potential in a basement that awaits their personal finish.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
The data shows a mix. While the home is newer than 88% of properties in Winnipeg, it's middle-of-the-pack in terms of living area and assessed value within Bridgwater Forest itself. Its key differentiator on the street is the lot size, which is larger than most of its direct neighbours.
2. What does the "unrenovated basement" imply?
It means the basement is unfinished but ready for customization. This is a blank canvas for new owners, allowing them to add value and create a space that suits their needs, whether it's a recreation room, home office, or additional bedrooms, according to their own budget and timeline.
3. The assessed value is higher than the 2021 sale price. What does that indicate?
This is typical, reflecting market-wide appreciation over the past few years. The assessed value provides a current benchmark for municipal taxes, but the final sale price will be determined by today's market conditions, the home's specific presentation, and buyer demand.
4. Is the property a good investment based on this data?
The rankings suggest solid fundamentals: a newer home in a desirable neighbourhood on a good-sized lot. While past performance (like its 2021 sale price) doesn't guarantee future gains, these characteristics are generally positive for long-term value retention. The unrenovated basement also offers a clear path to add equity.
5. Who might this home not be suitable for?
It may not suit buyers seeking a completely modern, turn-key property, as some updates may be desired. It's also likely not the best fit for those wanting a smaller, low-maintenance yard, given the lot size, or for investors looking for a property with a finished income suite already in place.