Property Overview
This two-storey home in Bridgwater Forest is a standout property that combines above-average space with a modern, move-in-ready condition. Built in 2011, its key appeal lies in its significant size—both in living area (2,265 sqft) and land (5,030 sqft)—which ranks it in the top tier of homes locally. The property features an attached garage and a renovated basement. Its recent sale history and assessed value consistently place it in the top 5-15% of comparable properties across Winnipeg, indicating strong market recognition for its caliber.
The home is particularly well-suited for growing families or professionals seeking a spacious, established home in a newer community without the wait of new construction. It appeals to buyers who prioritize interior square footage and a larger lot over having the absolute newest build. The data suggests it’s a high-performing property within its immediate area, offering a blend of modern amenities and settled neighbourhood charm.
Key Questions & Considerations
1. Why is the assessed value significantly lower than the recent sale price?
This is common in Winnipeg. The assessed value is for municipal tax purposes and often lags behind the current market, which is driven by buyer demand. The recent sale price is the true indicator of its market value.
2. How does the 2011 build year compare to newer homes?
A 2011 home offers a great balance. Major systems are modern and should have years of service left, yet the home has had time for landscaping to mature and any initial construction kinks to be resolved, unlike brand-new builds.
3. What do the ranking percentages actually mean?
They show how this property compares to others. For example, ranking "Better than 95% in Winnipeg" for living area means only 5% of Winnipeg homes are larger. It’s a quick way to see this home’s standout features relative to the market.
4. Is the renovated basement a legal suite?
The listing states "renovated," not "legal suite." This is an important distinction. A buyer should verify the work was permitted and complies with codes if they intend to use it as a separate living space.
5. The lot is large, but how is the positioning on the street?
The property ranks highly for land area. Checking the lot orientation (e.g., south-facing backyard) and the proximity of neighbouring homes (using the nearby property list as a guide) would be wise next steps to understand privacy and sunlight.