81 Oak Lawn Road

Property Overview

81 Oak Lawn Road is a spacious, modern two-storey home in the sought-after Bridgwater Forest neighbourhood. Built in 2013, it sits on a large lot and features a renovated basement and an attached garage. The home’s standout feature is its exceptional value performance, having sold for a price that placed it in the top 1% of all Winnipeg sales in its period. Its current assessed value also ranks in the 99th percentile city-wide, indicating strong and sustained market recognition. The living space is notably generous, larger than 96% of Winnipeg homes, offering ample room for family life.

Key Characteristics & Ideal Buyer

This home’s primary appeal lies in its combination of modern construction, above-average size, and proven financial pedigree within a popular master-planned community. It’s not just a large house; its recent sale price suggests it possesses specific qualities—whether in finish, layout, or location on the street—that the market has highly rewarded. The renovated basement adds immediate functional space without the need for a project.

It would suit buyers looking for a move-in ready, established home in a newer community who also place a premium on resale value and equity growth. It’s an ideal fit for growing families needing the 2,300+ sq ft of living space or professionals seeking a premium property with a demonstrated history of strong value. A less obvious perspective is that this property could appeal to the value-conscious buyer who views real estate as a long-term asset; its consistent top-tier rankings in assessed and sold values suggest a resilience that goes beyond just current trends.

Frequently Asked Questions

1. How does the "ranking" data work?
The percentile rankings compare this specific property against all others on its street, in Bridgwater Forest, and across Winnipeg for metrics like size, value, and year built. For example, being "better than 96% in Winnipeg" for living area means only 4% of city homes are larger.

2. The sold price from 2022 seems high relative to the assessed value. Why?
The 2022 sale price reflects a specific market peak and what a buyer was willing to pay at that time for this home's unique attributes. The government assessment value is a municipal valuation for tax purposes, often calculated using mass appraisal techniques and can lag behind rapid market shifts.

3. What does the renovated basement include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the listing agent to understand the quality and use of the additional space.

4. Is the property in a flood zone or have any known development plans nearby?
The provided details do not include environmental or zoning information. Due diligence should include checking the City of Winnipeg's zoning maps and any long-term community plans for the Bridgwater area.

5. Why are the nearby and similarly assessed properties listed?
These are provided for context and comparison. Nearby addresses give you a sense of the immediate streetscape, while properties with similar assessed values across the city help illustrate what this home's official valuation equates to in other neighbourhoods.