Property Overview & Key Characteristics
This two-storey home in Bridgwater Forest is a modern, well-established property built in 2011. It sits on a large 6,441 sqft lot, offering more space than most in the immediate area. The home itself is a generous 2,521 sqft and features a renovated basement and an attached garage.
Its appeal lies in a combination of space, modern amenities, and a strong position within the market. The data suggests a home that has been consistently valued highly compared to its peers, not just on its street but across Winnipeg. The significant jump in its sold price from 2017 to 2022 indicates strong appreciation, and its current assessed value places it in the top tier of properties city-wide. The renovated basement adds immediate move-in appeal and functional living space.
This property would suit buyers looking for a move-in ready, modern family home in a sought-after neighbourhood, who value above-average indoor and outdoor space. It’s particularly well-suited for those who appreciate a home with a demonstrated history of solid value retention and growth, and who want the benefits of a newer build without the premium of a brand-new construction.
Frequently Asked Questions
Q: How does the lot size compare to others in Bridgwater Forest?
A: At over 6,400 sqft, the lot is larger than approximately 74% of properties in the neighbourhood, offering more private outdoor space than is typical for the area.
Q: The home was last sold in 2022. What does the price history indicate?
A: It sold for $980k in 2017 and $1,150k in 2022. This represents strong appreciation over that five-year period, suggesting the property has kept pace with or exceeded market trends in a desirable location.
Q: Is the assessed value a reliable indicator of the likely selling price?
A: The assessed value is for tax purposes and is often conservative. Notably, this home's assessed value of $1,086,000 is in the top 1% of all Winnipeg properties, and its last sold price was already significantly higher. This indicates it is considered a high-value home within the city's assessment framework.
Q: What does the "renovated basement" typically entail in a 2011 home?
A: While specifics require viewing, in a home of this age, a renovated basement often means the lower level was finished after the initial build, potentially creating a modern rec room, home office, or additional bedroom suite, adding significant liveable square footage.
Q: The data shows many "top" percentages. What's the most notable?
A: The most striking figures are for assessed value, where it ranks in the top 1% in Winnipeg, and living area, where it is in the top 2% city-wide. This underscores that you are looking at a home that is exceptionally spacious and highly valued within the broader market, not just its immediate neighbourhood.