Property Overview
This two-storey home in Bridgwater Forest offers a compelling mix of space, modern updates, and established community living. Built in 2010, it sits on a standard lot but distinguishes itself with a generous and recently renovated living area. The home's standout feature is its size: at over 2,450 square feet, it provides significantly more interior space than most homes in the immediate area, ranking in the top 10-15% of the neighbourhood. This is complemented by an attached garage and a finished basement.
Its appeal lies in this above-average space within a relatively newer, planned community. The renovated basement adds immediate functional living area without the need for a major project. It’s a home that suits growing families or those who value dedicated room for home offices, hobbies, or guests. The data suggests a property that has been well-maintained and has seen substantial value appreciation since its last sale, indicating a solid investment in a desirable area. A thoughtful perspective for buyers is to weigh the interior space advantage against the lot size, which is more typical for the street, making the home itself the primary asset.
Frequently Asked Questions
1. How does the lot size compare to the house size?
The living area is notably larger than most comparable homes, ranking in the top 13% on its street. The lot size, however, is more average for the area. This indicates the home's value is heavily in its interior square footage and modern footprint rather than extensive outdoor space.
2. What does the sale history indicate about the property's value?
The home sold for $600,000 in mid-2020. When compared to its current assessed value and the broader market trends since that time, this history provides a concrete, recent benchmark for value discussions and can inform offers in the current market.
3. Is the basement renovation reflected in the assessed value?
The assessed value is currently $71,200, which ranks in the top 3% for Winnipeg. While assessments consider many factors, this high ranking suggests the renovation and overall property size have been formally recognized, contributing to its official valuation.
4. Who might this home be less suitable for?
Given the lot size is not a standout feature, buyers primarily seeking a vast yard for gardening or recreation might find other properties more suitable. It's also likely less appealing to those seeking a brand-new build or a smaller, low-maintenance footprint.
5. What is the context of the "rankings" provided?
The rankings (e.g., "Top 13%") are comparative metrics for this specific property against its immediate street, the wider Bridgwater Forest neighbourhood, and all of Winnipeg. They are useful for quickly understanding how features like living area or assessed value measure up in different geographic contexts.