Property Overview
This two-storey home in Bridgwater Forest is a modern, spacious property built in 2010. Its key appeal lies in its generous proportions and recent updates. With nearly 2,500 sqft of living space, it is significantly larger than most homes in the immediate area and across Winnipeg. The home sits on a large lot and features an attached garage and a renovated basement. It last sold in March 2022 for $700,000. The assessed value is notably lower than that sale price, which may reflect market conditions at the time of assessment rather than current value. This is a home for buyers who prioritize space and modern construction within a newer suburban community, and who may see value in a home that already has a finished basement.
Who This Home Suits
This property is ideal for growing families or professionals needing ample indoor space for work and living. Its size and layout suit those looking for a move-in-ready home in a planned neighbourhood without the need for major immediate upgrades. The strong rankings for living area and past sale price suggest it will appeal to buyers comparing value within Bridgwater Forest, who are willing to invest in one of the larger, well-maintained homes the community offers.
Frequently Asked Questions
1. How does the 2022 sale price compare to today's market?
The $700,000 sale price from March 2022 ranks very highly compared to Winnipeg and neighbourhood sales. This indicates it was a premium property at that time. Current value should be determined by a professional appraisal and recent comparable sales, as market conditions have shifted since then.
2. What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this age and calibre typically means it is fully finished as a living space, potentially including bedrooms, a recreational room, or a home office. Verification of permits and the scope of work is advised.
3. The assessed value is much lower than the last sale price. Why?
Municipal assessed values are for tax purposes and often lag behind actual market sales. The high ranking of its assessed value (top 4% in Winnipeg) confirms it's officially viewed as a high-value home, but the 2022 sale price is a more current indicator of its market worth.
4. Is the property in a flood zone or have any known development plans nearby?
This information is not provided in the details. Essential due diligence would include checking the City of Winnipeg's zoning maps, any future area plans for Bridgwater Forest, and flood risk assessments.
5. How does the lot size and home age compare to the immediate neighbours?
The lot is larger than 95% of those on the street, offering more outdoor space than most nearby. The home is newer than only 33% on the street, meaning several immediate neighbours have newer homes, which is a consideration for future resale value and potential streetscape consistency.