Property Overview: 61 Coach Hill Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest, built in 2012, offers a modern foundation with a recently renovated basement. Its key appeal lies in a combination of above-average space and a relatively new build within a popular suburban community. With over 2,100 sqft of living area and a 4,300 sqft lot, the home provides ample room for family life. The data suggests its primary strengths are its newer construction (ranking newer than 89% of Winnipeg homes) and generous living space (larger than 94% of Winnipeg homes), which are balanced against a more moderate ranking within its immediate street and neighbourhood for lot size.
The renovated basement adds immediate functional space without the need for a project. This property would suit a young family or professional couple looking for a move-in-ready home in a developed suburban area, who prioritize interior space and modern systems over having the largest lot on the block. A thoughtful perspective is that it represents a "middle ground" in its micro-area—not the largest property, but one with statistically standout features (like its age and living area) that become more significant when compared to the wider city market.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top half of Coach Hill Road for living area but is on a smaller-than-average lot for the street. Its key differentiator is being one of the newest homes on the block, built in 2012.
2. What is the significance of the assessed value versus the last sale price?
The assessed value for tax purposes is $61,800, while the home last sold for $560,000 in December 2020. This large discrepancy is normal; assessed value is not a market valuation but a formula used for calculating property taxes, and should not be used to estimate current market price.
3. Is the basement renovation permitted?
Prospective buyers should verify with the listing agent or city records whether the basement renovation was completed with the proper permits to ensure all work is compliant with local building codes.
4. What does the neighbourhood ranking mean?
The rankings provided compare this property's metrics (like lot size, living area) against all listed properties in Bridgwater Forest. For example, ranking "Better than 69% in neighbourhood" for living area means this home is larger than most homes in the area, which is a positive indicator for space.
5. The home sold in 2020; what might have changed since then?
Since the last sale over three years ago, the owners have renovated the basement. Market conditions, interest rates, and comparable home values in Bridgwater Forest have also evolved significantly, making the 2020 price a historical data point rather than a current indicator.