Property Overview: 7 Park Valley Road, Bridgwater Forest
Key Characteristics & Appeal
This well-situated one-storey home in Bridgwater Forest offers a blend of modern convenience and established community living. Built in 2012, it sits on a generous 5,522 sqft lot, providing ample outdoor space that ranks above average for the street and area. A key feature is its renovated basement, adding valuable finished living space to the 1,672 sqft main floor. The home includes an attached garage for convenience.
Its appeal lies in its strong position within a desirable, relatively new neighbourhood. The property’s assessed value is notably high, ranking in the top 2% of Winnipeg, suggesting it is viewed as a solid asset. While the living area is more modest compared to some neighbours, the combination of a large lot, recent renovations, and the community’s amenities creates a compelling package. This home would suit buyers seeking a move-in ready property with low-maintenance, single-level living in a family-friendly area, particularly those who value outdoor space and a modern basement for recreation or guests. A thoughtful perspective: its excellent assessment ranking, paired with a sale price from 2019 that was significantly lower, may indicate strong appreciation potential or substantial updates since that last sale, presenting an interesting value proposition.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
The home’s 1,672 sqft of living area is more compact than many on its street and in Bridgwater Forest, ranking in the top 91% (meaning 90% of street listings are larger). This suggests a efficient, manageable floor plan, with the renovated basement effectively expanding the usable space.
2. What does the high assessed value indicate?
With an assessed value ranking in the top 2% for Winnipeg and top 13% for the neighbourhood, the property is officially valued well above most. This typically reflects the lot size, recent renovations, and the desirability of the location, which can be positive for long-term equity.
3. The lot size is noted as a "better" rank. How private is the yard?
At 5,522 sqft, the lot is larger than 71% of those on the street. While specific fencing or landscaping isn't detailed, the above-average dimensions provide a good foundation for outdoor living and privacy relative to other homes in the immediate row.
4. Is the 2019 sale price relevant today?
The home sold for $64.50k in 2019. This historical data primarily shows past appreciation. The current assessed value of $79.10k and market conditions will determine today’s price, but the comparison highlights significant potential growth in value over a short period.
5. What is the neighbourhood feel of Bridgwater Forest?
As a planned community, Bridgwater Forest is known for its modern amenities, parks, trails, and family-oriented design. This property is on a quiet street, with very close neighbours (as shown by the 15m-47m distances to adjacent homes), which is typical for the area’s layout.