Property Overview
This 2009-built bi-level home at 78 Bridgeland Drive N in Winnipeg's Bridgwater Forest offers a practical layout with a renovated basement and a detached garage. Its appeal lies in its balance of established community living and modern updates. The lot is a generous size for the area, providing good outdoor space. The home’s assessed value has shown steady, modest growth over recent years, suggesting a stable investment in a desirable neighbourhood.
This property would suit first-time buyers or downsizers looking for a manageable, updated home without a major project. It’s also a potential fit for an investor, given the finished basement adds rental flexibility. Buyers seeking a move-in ready home on a larger lot in a newer community will find its fundamentals sound, though its living area is more compact, prioritizing efficient use of space over sheer size.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Forest?
The home sits on a larger-than-average lot for the street, which is a standout feature. However, its living area is more compact than many neighbourhood homes, and it is older than most in this newer community. It represents a more affordable entry point into the area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A viewing is essential to assess the quality of finishes, whether it includes a legal suite or secondary living space, and to check for proper permits.
3. Has the property value increased?
Yes, based on provided sales data, the sold price increased from $39.5k in 2019 to $42.3k in 2021, with a current assessed value of $45.8k. This indicates steady, conservative appreciation.
4. What are the implications of a detached garage?
A detached garage offers flexibility for a workshop or studio space separate from the house but requires going outdoors in winter. It may also allow for future landscaping or garden projects between the garage and the home.
5. Is this a good investment?
The consistent value growth and desirable location suggest stability. The renovated basement could enhance rental income potential. However, its smaller living area and older age relative to the neighbourhood may affect its rate of appreciation compared to larger, newer homes nearby.