Property Overview & Key Characteristics
This well-situated home in Bridgwater Forest presents a compelling blend of space, established value, and modern convenience. Built in 2009, its key appeal lies in its generous proportions and strong market standing. The 2,339 sqft living area is notably spacious, ranking in the top 4% of Winnipeg, and is situated on a large 6,658 sqft lot. A renovated basement and attached garage add to its functional appeal. The home’s assessed value of $92.30k places it in the top 1% city-wide, indicating a history of above-average valuation growth, which is corroborated by its steady sold price history.
Its appeal is grounded in being a move-in ready, established property in a desirable neighbourhood—offering more space and land than many newer builds without the premium price tag of a brand-new home. It would suit buyers looking for a spacious family home with room to grow, as well as value-conscious purchasers who appreciate concrete metrics. The data suggests it’s particularly suited for someone seeking a property with a proven track record of holding and increasing its value relative to its peers, not just in the immediate area but across Winnipeg.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value ($92.30k) is higher than the last recorded sale in 2021 ($86.20k), which is typical as assessments aim to reflect market value. The consistent ranking in the top percentiles for assessed value over years suggests the property is consistently viewed as a high-value asset in the municipal system.
2. Is the lot size typical for the area?
Yes, and it’s a standout feature. At 6,658 sqft, the lot is larger than 91% of others on Lake Forest Road, offering more outdoor space and privacy than most in the immediate vicinity.
3. What does the "ranking" data actually tell me?
The percentile rankings (e.g., "Top 4% in Winnipeg" for living area) provide quick, relative benchmarks. They show this home consistently outperforms the majority of comparable properties in its street, neighbourhood, and city for key metrics like size and value, indicating a strong competitive position.
4. The home was built in 2009. What should I consider?
As a 17-year-old home, it’s past the brand-new stage but firmly in the "established" category. Major components like the roof, HVAC, and windows may be nearing or due for routine inspection/replacement, which is a typical consideration. The renovated basement is a positive update.
5. How does this property fit within Bridgwater Forest?
It sits in the upper tier of the neighbourhood for both size and value. While newer than only 11% of area homes, its living area is larger than 82% of them, and its assessed value is higher than 92%. This positions it as a spacious, premium offering within an already sought-after community.