Property Overview
This 2010-built, one-storey home in Bridgwater Forest presents a practical and comfortable living proposition. Its key appeal lies in a combination of a generous, well-sized lot and a recently renovated basement, offering immediate livability and space for a growing household or hobbies. The attached garage and single-level layout add to its everyday convenience. While the living area is modest relative to the neighbourhood, the property’s overall assessed value ranks highly within Winnipeg, suggesting a solid underlying investment in a desirable community.
The home would suit first-time buyers or young families looking for a move-in-ready property with room to grow, both inside and out. It also appeals to downsizers or those seeking single-level living who still want a sizable yard and the modern amenities of a developed area like Bridgwater Forest. A less obvious angle is its potential for buyers who prioritize land size over sheer interior square footage—the lot is larger than 94% on the street, offering valuable outdoor space that is increasingly rare in newer subdivisions.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area of 1,440 sq ft is fairly typical for the street and neighbourhood, ranking near the middle. The standout feature is the land area of over 7,000 sq ft, which is significantly larger than most lots on the street.
2. What is the significance of the assessed value being much higher than the last sale price?
The home last sold in 2017 for $345,500. Its current assessed value of $556,000 reflects municipal valuation for tax purposes, which considers market trends and improvements (like the basement renovation). It indicates strong appreciation, but the true market value is determined by current buyer demand.
3. Is the renovated basement included in the living area square footage?
Typically, municipal assessments and standard listings do not include below-grade finished areas in the official living area (1,440 sq ft). The renovated basement is a valuable additional space but is considered separately.
4. The home is newer than most in Winnipeg but only average for the neighbourhood. Why?
Bridgwater Forest is a relatively new community. Being built in 2010 means it’s newer than 87% of Winnipeg homes, but within its own modern neighbourhood, many homes are of a similar age or newer.
5. What does the "rank" data for the street and neighbourhood mean?
These rankings compare this specific property against all others on its street and in Bridgwater Forest for metrics like lot size, year built, and value. For example, ranking "2 out of 34" for lot size means only one property on Kentland Road has a larger lot.