Property Overview
This 2008-built bungalow in Bridgwater Forest offers a practical, single-level layout with a renovated basement. Its key appeal lies in its balance of space and value. The home sits on a larger-than-average lot (over 4,380 sq ft), providing good outdoor space in a neighbourhood where lots are often smaller. Inside, the 1,463 sq ft living area is comfortably sized, ranking well within its immediate street. The renovated basement adds significant functional space. With an attached garage and a relatively recent build date, it presents as a low-maintenance, move-in-ready option.
The property would suit first-time buyers or downsizers seeking the convenience of a bungalow in a modern, planned community. Its assessed value is notably strong compared to most of Winnipeg, suggesting it's a solid asset in its price range. A thoughtful perspective is that while the home is newer than most in the city overall, it is among the older homes within Bridgwater Forest itself, which may appeal to buyers wanting an established streetscape without the upkeep of a much older house.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 4,381 sq ft, the lot is larger than about half the properties on the same street and significantly larger than the majority of lots in the broader Bridgwater Forest neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent to understand the quality and scope of the renovation.
3. The home was built in 2008. Are there any major components nearing their lifespan?
While newer than most Winnipeg homes, a 16-year-old property may have original major components, like the roof, HVAC, or water heater, that could require attention or replacement in the coming years. A thorough inspection is advised.
4. How does the assessed value relate to the likely selling price?
The assessed value is $54,500k for tax purposes. It last sold for $38.50k in 2016. The current market price will be determined by recent sales of comparable homes, which can differ significantly from the assessed value.
5. The home ranks low for "year built" within its own neighbourhood. Is this a concern?
This indicates Bridgwater Forest has many newer homes. For a buyer, this means the property may offer better value than a brand-new build, while the community amenities and overall aesthetic will still be modern and consistent.