Property Overview: 76 Bridlewood Road, Bridgwater Forest
Key Characteristics & Appeal
This is a well-maintained, two-storey family home built in 2012, situated on a spacious lot in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in a strong combination of modern age, above-average living space, and a desirable location. The home is newer than approximately 90% of properties in Winnipeg, offering contemporary construction without the premium of a brand-new build. With over 2,180 sqft of living area, it provides ample room for a growing family, ranking larger than 94% of Winnipeg homes.
The property suits buyers looking for a move-in ready home in a master-planned community, who value space and modern amenities over a fully renovated or custom-finished basement. It’s an ideal fit for professionals or families seeking a balance between a quiet residential street and access to Bridgwater’s pathways, parks, and nearby conveniences. A thoughtful perspective: while the assessed value is modest for the area, the recent sale price suggests the market recognizes its value in size and year-built, positioning it as a solid, long-term holding in a neighbourhood that still has maturing greenery and a developing community feel.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is undeveloped. This presents a blank canvas for future expansion or storage, allowing new owners to customize the space to their needs and budget.
2. How does the property rank within its immediate area?
The home ranks very well for its year-built (newer than 95% on its street) and living area (larger than 53% on its street). Its lot size is more typical for the street, and its assessed value is on the lower end for the immediate area, which may reflect the original build specification or the unfinished basement.
3. What is the neighbourhood like?
Bridgwater Forest is a modern, master-planned community in Winnipeg known for its pathways, parks, and family-friendly atmosphere. This specific street is a quiet residential road, with the home positioned close to neighbouring properties.
4. Why is there a difference between the assessed value and the recent sale price?
The assessed value ($60.50k) is for municipal tax purposes and often lags behind market value. The home sold for $63.60k in October 2024, which is the current market indicator of its worth and is a figure that ranks highly compared to most of Winnipeg.
5. What are the potential next steps for a buyer?
Given the unfinished basement, buyers should budget for eventual development if more space is needed. The strong rankings for size and age suggest the core structure is a durable asset, so priorities could focus on interior updates or landscaping to personalize the established lot.