Property Overview
This 2014-built, single-storey home in Bridgwater Forest offers a blend of modern living and established community appeal. Its key characteristic is a recently renovated basement, adding valuable finished space to the 1,875 sqft layout. The property sits on a generous 6,084 sqft lot, providing ample outdoor space—a notable feature in newer communities. With an attached garage and no pool, it presents as a practical, low-maintenance family home.
The appeal lies in its strong positional value within a desirable neighbourhood. Comparative data shows the home ranks highly against local benchmarks, particularly for its newer build year (top 9% in Winnipeg) and its assessed value (top 1% in Winnipeg), which suggests it is a well-regarded property in its price segment. The significant increase from its 2017 sale price to the current assessed value indicates substantial equity growth, a point of interest for value-conscious buyers.
This home would best suit first-time buyers or young families seeking a move-in ready property in a modern suburb. It’s also a prudent choice for buyers who prioritize statistical indicators of value and long-term appreciation, as the metrics suggest a property that has outperformed many of its peers.
Frequently Asked Questions
Q: How does the renovated basement add value?
A: It immediately increases the usable living area without the need for future investment, making the home more functional for daily living or hosting.
Q: The home ranks highly for assessed value. What does that mean practically?
A: It indicates the municipal assessment is significantly higher than most homes in the city, which often correlates with strong market value and can be a marker of a property in high standing within its category.
Q: The lot is larger than many in the area. What are the benefits?
A: Beyond more private outdoor space, it offers greater potential for additions, landscaping, or recreational features like a deck or play area, with less feeling of crowding from neighbours.
Q: The home was last sold in 2017. Should I be concerned about why the owners are selling?
A: A seven-year ownership period is quite typical and often aligns with natural life changes, like a growing family needing more space or a job relocation. It generally suggests a stable ownership history.
Q: How does being a one-storey home affect its appeal?
A: It provides excellent accessibility and easy flow between living spaces, which suits a wide range of buyers from young families to those planning for long-term, single-level living.