Property Summary: 68 Clovercrest Bay, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Bridgwater Forest presents a compelling blend of space, location, and value. Its key characteristics include a renovated basement, an attached garage, and a generous 6,214 sqft lot. Built in 2010, the home offers modern construction with 1,773 sqft of living space.
The primary appeal lies in its strong position within the broader Winnipeg market. The property ranks in the top 5% of the city for its assessed value, suggesting it is a high-value asset relative to its tax assessment. It also sits on a larger-than-average lot for its street. The renovated basement adds immediate functional living space. This home would suit practical buyers looking for a move-in ready property in a modern neighbourhood, particularly those who value a strong investment profile and outdoor space over having the newest home on the block. A thoughtful perspective is that while the home is newer than most in Winnipeg, it is slightly older than many in its immediate Bridgwater Forest area, which may appeal to buyers seeking a more established setting within the newer community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The current assessed value is $65.50k, which is notably higher than the last recorded sale price of $55.30k in August 2016. This indicates a significant increase in its municipal valuation over the past eight years.
2. Is the lot size typical for the area?
At 6,214 sqft, the lot is larger than 67% of properties on the same street, offering more outdoor space than many of its direct neighbours.
3. How does this home rank for space within Winnipeg?
With 1,773 sqft of living area, this home is larger than 84% of properties across Winnipeg, placing it in the top 16% city-wide for interior space.
4. What is the age of the home relative to the neighbourhood?
Built in 2010, the home is newer than 87% of Winnipeg properties. However, within the newer Bridgwater Forest neighbourhood, it is older than about 71% of homes, meaning it's one of the earlier builds in this community.
5. What does the "value rank" actually mean?
The ranking (e.g., top 5% in Winnipeg) is a comparison of its municipal assessed value against all other properties. A high rank suggests that, according to city assessment, this property is among the most valuable relative to others, which can be a marker of desirability and a strong tax base.