Property Overview: 84 Coach Hill Road, Bridgwater Forest
Key Characteristics & Ideal Buyer
This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2011. It sits on a generous 4,683 sqft lot, which is larger than most in the immediate area. The home itself offers 2,236 sqft of living space, placing it comfortably within the top tier for size both locally and across Winnipeg. A key feature is the renovated basement, adding to its functional living area, and it includes an attached garage.
The appeal lies in its combination of space, modern age, and established value growth. The data shows a significant increase in its sold price between 2017 and 2022, indicating strong market performance. Its rankings suggest it’s a notably above-average property on its street and in the broader city for size, value, and newness, yet it doesn’t rank as highly within its immediate neighbourhood—hinting at a community of very comparable, quality homes. This isn’t a standout fixer-upper or a dated original; it’s a solid, contemporary home in a sought-after area, likely appealing to buyers who want move-in readiness without sacrificing potential for future equity.
This property would best suit growing families or professionals seeking space and modern comforts in a popular suburban community. It’s ideal for buyers who value data-backed investment, preferring a home that has already demonstrated substantial appreciation, rather than taking a chance on a major renovation project.
Frequently Asked Questions
1. How does the "renovated basement" affect the living space?
The listing confirms the basement is renovated, meaning it’s finished as livable space. This adds functional square footage beyond the 2,236 sqft main living area, potentially for recreation, guest, or office space.
2. The assessed value seems low compared to past sale prices. Why?
Municipal assessed value for tax purposes often lags behind the current market. The 2022 sale at $720k is a much more accurate reflection of its recent market value.
3. The rankings show it's top 5% in Winnipeg for size, but only top 30% in the neighbourhood. What does this mean?
This highlights the calibre of Bridgwater Forest itself. You’re buying into a neighbourhood where homes are consistently large and modern, so while this home is spacious by city-wide standards, it fits right in with its local peers.
4. What does the sale history tell us about the property's market performance?
The jump from $571k in 2017 to $720k in 2022 shows strong appreciation over a five-year period. This trajectory can be appealing, but buyers should investigate current market conditions to see if that trend is continuing.
5. Are the "similar assessed value" properties good comparables?
Not for market value. Those homes share an identical tax assessment, but they are in entirely different neighbourhoods. For a true market comparison, focus on the "Nearby properties" on the same street and recent sales in Bridgwater Forest.