Property Overview: 83 Park Valley Road, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home in Bridgwater Forest is a modern, low-maintenance property built in 2012. Its key features include a renovated basement, an attached garage, and a generous living space of over 2,200 square feet on a well-sized lot. The home’s primary appeal lies in its balance of contemporary comfort and established community living. It ranks highly for its newer construction date compared to most of Winnipeg and offers above-average living space for the neighbourhood.
The property would suit a young family or professional couple looking for a move-in ready home in a planned community. It’s also a sensible choice for buyers who value modern infrastructure but want to avoid the premium and uncertainties of a brand-new build. A less obvious perspective is its potential for buyers who appreciate data-driven decisions; the home shows strong rankings in living area and assessed value city-wide, suggesting good intrinsic value for its size and condition, even if its last sale price appears modest relative to the street.
Frequently Asked Questions
1. How does the last sale price compare to the current assessed value?
The home sold for $54.5k in July 2021 and now has an assessed value of $61.4k. It's important to note that assessed value is for tax purposes, while market value is determined by current buyer demand.
2. What do the ranking percentages mean?
The rankings compare this property against others on its street, in Bridgwater Forest, and across Winnipeg. For example, being "better than 95% in Winnipeg" for living area means it is larger than 95% of homes in the city.
3. Is the neighbourhood well-established?
Yes. As a home built in 2012 in Bridgwater Forest, the community's landscaping, amenities, and overall infrastructure are mature, unlike a brand-new subdivision.
4. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space without the need for future investment or construction, increasing the home's usable square footage.
5. How does the lot size compare to others nearby?
At 5,447 sqft, the lot is larger than 77% of lots on Park Valley Road, offering more outdoor space than many of its immediate neighbours.