Property Overview
This two-storey home in Bridgwater Forest is a modern, low-maintenance property built in 2012. Its key appeal lies in a combination of a spacious, renovated basement and a large, 6,809 sqft lot that ranks in the top 20% for size within the neighbourhood. While the living area is a comfortable 2,083 sqft, the property’s standout metrics are its relative newness compared to most Winnipeg homes (top 11%) and its significant increase in assessed value, which has risen from $560,000 in 2020 to $630,000 in 2023.
The home is best suited for buyers seeking a move-in ready property in a popular, newer suburb. It would particularly appeal to growing families or professionals who value the space of a large yard but want the modern efficiencies of a 14-year-old home without major renovation projects. The renovated basement adds immediate functional space for recreation, a home office, or guests. A thoughtful perspective is that while the interior living space is average for the immediate street, the above-average lot size offers valuable future potential for outdoor living or expansion, a feature that becomes increasingly precious in newer communities.
Frequently Asked Questions
1. How does the property’s value trend compare to the area?
The assessed value has increased by approximately 12.5% ($70,000) between 2020 and 2023, outpacing typical inflation. This suggests the property has been appreciating in a strong market.
2. Is the lot size unusual for Bridgwater Forest?
Yes. With a lot area of 6,809 sqft, this property is larger than 80% of lots in the neighbourhood, making it a standout feature for a community known for newer, often more compact, suburban homes.
3. What does the "rank" information for the living area mean?
While the home ranks highly for living space across Winnipeg (top 8%), it is actually in the top 70% on its specific street. This indicates the immediate block may have larger homes, but overall, it offers more square footage than the vast majority of city properties.
4. Has the property been recently sold?
Yes, it last sold in September 2023 for $630,000, which is identical to its current assessed value. This recent sale provides a very clear and current benchmark for its market price.
5. What is the significance of the "year built" ranking?
Being newer than 89% of homes in Winnipeg means it likely has modern building materials, efficient systems, and a design that requires less immediate upkeep than older properties, which is a key financial and lifestyle consideration.