Property Overview
This well-maintained, single-storey home in Bridgwater Forest offers a practical and modern living space. Built in 2011, its key appeal lies in its balance of a newer build with an established neighbourhood feel. The home features a renovated basement, an attached garage, and sits on a generous lot that is larger than most in the immediate area. While the living space is comfortable, the property's standout metrics are its value retention and city-wide standing; it ranks in the top tiers for its newer age, assessed value, and previous sale price compared to all of Winnipeg. This creates a solid foundation of equity and suggests a history of stable valuation.
The home would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a family-oriented community. It’s also a sensible choice for value-focused buyers who prioritize statistical indicators of long-term investment, such as a high city-wide rank for recent sale price, over having the largest floor plan on the block.
Frequently Asked Questions
Q: How does the lot size compare practically?
A: At nearly 5,000 sq ft, the lot is larger than many in Bridgwater Forest, offering more private outdoor space than typical for the area, which is often characterized by narrower lots.
Q: The living area ranks lower locally. Is the house small?
A: At 1,453 sq ft, it provides ample space for a couple or small family. The ranking reflects that many nearby homes are larger two-storey models, but the single-storey design offers excellent accessibility and flow.
Q: What does the "renovated basement" include?
A: The listing confirms the basement is renovated but does not specify finishes or layout. This would be a key point for buyer due diligence to understand the quality and scope of the work.
Q: The assessed value is significantly lower than the 2022 sale price. Why?
A: This is common. Municipal assessed value for tax purposes often lags behind market sale prices. The 2022 sale price is a stronger indicator of current market value.
Q: Are the ranking statistics a reliable gauge of the property's worth?
A: They are useful comparative tools, not absolute measures. The key takeaway is that while the home is average in its immediate street for metrics like year built, it performs very strongly in broader Winnipeg comparisons for value and age, highlighting its relative standing in the wider market.