Property Overview: 48 Bridlewood Road, Bridgwater Forest, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2010, sits on a generous 5,143 sqft lot in the established Bridgwater Forest neighbourhood. Its primary appeal lies in its above-average living space—at 2,231 sqft, it offers more room than over 70% of area homes—combined with a newer build date that places it in the top 13% for age across Winnipeg. The property features an attached garage and an unfinished basement, presenting a blank canvas for future expansion.
The home suits buyers seeking a move-in ready, spacious family home in a modern community, without the premium for a brand-new build. Its strong rankings for living area and recent sale value (top 5% in Winnipeg) suggest it is a sizeable and solidly valued property within the city. A thoughtful perspective is that the unrenovated basement, while not a current feature, offers significant potential for customization and added value, allowing new owners to tailor the space to their exact needs without first undoing someone else’s renovations.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for living space (better than 58% of street homes) but is on the older side for the street (better than only 33%). This suggests a trade-off: you get more interior room than many neighbours, but the structure itself is not among the newest on the block.
2. What does the assessed value versus sale price indicate?
The home recently sold for $64.60k, which is higher than its $61.50k assessed value. This recent sale provides a clear, current market benchmark, suggesting buyer demand supported a price above the city’s assessment.
3. Is the lot size a significant feature?
At over 5,000 sqft, the lot is larger than average for the street (top 21%), offering good outdoor space. However, it’s not exceptionally large for the wider neighbourhood, ranking near the middle.
4. Who might this neighbourhood suit?
Bridgwater Forest is a modern, master-planned community. This home, being 16 years old, offers a settled-in feel within that newer framework, ideal for those who want established landscaping and community amenities without an ultra-urban setting.
5. What’s the potential here compared to a full renovation project?
This isn’t a fixer-upper. The value is in the existing structure and space. The key opportunity is the unfinished basement, allowing for a future expansion that could significantly increase the home’s total functional area without the major structural work often required in older homes.