Property Overview
This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2011. Its appeal lies in a combination of above-average space, recent updates, and a strong position within its immediate area. The home sits on a large lot (over 4,400 sq ft) and offers generous living space (2,323 sq ft), ranking in the top tier for size on its street and in Winnipeg. Key features include an attached garage and a renovated basement. Recent sale data from July 2024 shows a sale price of $665,000, significantly above its assessed value, indicating a premium market perception.
The property suits buyers looking for a move-in ready, spacious family home in a modern suburb, without needing to undertake major renovations. It’s particularly well-suited for those who value statistical standing—the home consistently ranks in the top quarter of its street for lot size, age, and value, suggesting a solid investment within its micro-location. A thoughtful perspective is that while it ranks highly on its own street, its rankings within the wider Bridgwater Forest neighbourhood are more moderate, appealing to buyers who prioritize being on a desirable crescent over having the absolute largest home in the broader area.
Key Questions for Buyers
1. How does the renovated basement add value?
A finished basement significantly increases the usable living space, making the home more functional for a growing family, as a recreational area, or for guest accommodation. It’s a key update that adds immediate utility without the need for a future project.
2. The sale price is well above the assessed value. What does this mean?
This typically indicates strong buyer demand for this specific property or its immediate location. It suggests that buyers were willing to pay a premium for its condition, updates, or positioning on the street, viewing it as worth more than the city's assessed value for taxation purposes.
3. Who would this home not be ideal for?
Given its size and suburban setting, it may not suit those seeking a low-maintenance lifestyle (like a condo), or buyers wanting an older, character-filled home in an established inner-city neighbourhood. It’s designed for suburban family living.
4. What do the "rank" statistics actually tell me?
They show how this property compares to others in three circles: its street, the Bridgwater Forest neighbourhood, and all of Winnipeg. For example, ranking "Top 9%" for living area on its street means it's among the largest homes on Abbeydale Crescent, which is a point of relative advantage.
5. The home is 15 years old. What might need attention soon?
While the basement is renovated, major components original to the 2011 build, such as the roof, HVAC system, or major appliances, could be nearing the middle or end of their typical service life. A thorough inspection is advised to anticipate any upcoming maintenance.