Property Overview
This two-storey home in Bridgwater Forest is a well-positioned property that balances established comfort with strong community fundamentals. Built in 2011, it sits on a nearly 5,000 sqft lot and offers over 2,000 sqft of living space. Its key appeal lies in its above-average positioning within the broader Winnipeg market, particularly in terms of lot size, living area, and assessed value, which all rank within the top 10-15% citywide. The home features an attached garage and a renovated basement, adding functional living space.
The property would suit buyers looking for a move-in ready home in a mature, planned neighbourhood. It’s ideal for those who value space and a solid foundation over brand-new construction, and who appreciate a home that already has updates like a finished basement. The strong citywide rankings in key metrics suggest it’s a competitively sized property for the price point, appealing to growing families or professionals seeking a long-term home in a stable area. A thoughtful perspective is that while the home’s last sale price in 2020 was below many neighbours, its current assessed value has risen significantly and compares very favourably citywide, indicating perceived growth and stability.
Frequently Asked Questions
1. How does this home compare to others on the street?
It has a larger-than-average lot size for the street and is newer than 84% of homes on Charlottetown Road. However, its living area is right at the street's median (50th percentile).
2. What does the "renovated basement" include?
The listing confirms the basement is finished, but specific details on the renovation's scope, quality, or permitted status should be verified with the seller or a viewing.
3. The home sold for much less in 2020. Why?
The 2020 sale price was notably lower than both the current assessed value and many neighbouring sales. This could be due to market conditions at the time, the property's condition prior to the basement renovation, or specific sale terms. The current assessment suggests a significant reappraisal since then.
4. Is Bridgwater Forest a good neighbourhood for families?
Bridgwater Forest is a master-planned community known for its parks, pathways, and schools. This location offers a blend of established landscaping and community amenities that are typically attractive to families.
5. How meaningful are the "top percentile" rankings?
These rankings are a useful, at-a-glance tool for comparison. For this home, rankings in the top 10-15% of Winnipeg for living area and assessed value are strong indicators that it offers above-average space and municipal valuation for the city. It's always wise to view the property in person to see how these metrics translate to lived-in quality.