64 Clovercrest Bay

Property Overview: 64 Clovercrest Bay, Bridgwater Forest

Key Characteristics & Appeal

This two-storey home, built in 2009, sits on a generous 7,286 sqft lot in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in a combination of above-average space and a recently renovated basement, offering immediate livability. With over 2,150 sqft of living area, the home provides ample room for a growing family or those who value spacious interiors.

The property’s strengths are reflected in its comparative rankings. It consistently places within the top 15-20% of all Winnipeg homes for lot size, living area, and assessed value, indicating a solid, premium offering for its category. However, its age is more average within its immediate street and neighbourhood, suggesting it’s a well-established home in a mature part of the community rather than a brand-new build. The absence of a garage is a notable consideration, but the large lot presents a clear opportunity for addition or alternative parking solutions.

This home would suit buyers looking for a move-in ready property with a finished basement in a sought-after master-planned community. It’s ideal for those who prioritize lot size and interior square footage over having a garage from the outset, and for purchasers who appreciate a home that ranks highly for value and space on a city-wide scale.

Frequently Asked Questions

1. How does the lack of a garage impact this property?
While the home has no garage, the lot is significantly larger than average. This presents a tangible opportunity to build a detached garage or carport, subject to local bylaws. For some buyers, this is a chance to customize, while for others, it’s a factor to budget for.

2. The home was last sold in 2016. What does that indicate?
A nine-year ownership period suggests the sellers were settled and likely made considered investments in the property, like the basement renovation. It points to a stable ownership history rather than frequent turnover.

3. The assessed value is listed at $62.20k. Is that the market value?
No. In Manitoba, the assessed value is used for calculating property taxes and is typically much lower than market value. The last sold price in 2016 was $352.50k, and current market value would be determined by recent comparable sales and present market conditions.

4. The home ranks highly in Winnipeg but lower on its street for year built. What does this mean?
It means that while the home is newer than most in the city overall, Clovercrest Bay has some even newer properties. This can be positive, indicating a desirable street where construction occurred in phases, with this home being part of the earlier, now well-established phase.

5. What is the significance of the "renovated basement" note?
A renovated basement adds immediate functional living space without the need for a future project. It’s important to clarify the scope, quality, and whether permits were obtained for the work, as this adds both value and livable square footage.