Property Overview & Appeal

This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2011. Its key appeal lies in its balance of space, recent updates, and strong market performance. The home features a renovated basement and an attached garage on a good-sized lot. The living area of over 2,200 sqft is notably spacious, ranking in the top 5% for size across Winnipeg. Recent sales data shows significant and steady appreciation, with the 2024 sale price ranking in the top 3% of Winnipeg for value gain relative to its assessment. This suggests a home that has been both well-maintained and is in a desirable area.

The property would suit move-in-ready buyers looking for a modern, low-maintenance home without sacrificing space. It's particularly appealing to data-driven buyers who value clear metrics of a home's standing within its street, neighbourhood, and city. The strong appreciation history also makes it a sensible consideration for those viewing a home purchase as a long-term investment, not just a place to live. A less obvious point is its appeal to buyers who prioritize "newness" within an established community; being newer than 88% of Winnipeg homes, it offers contemporary builds while the neighbourhood itself has matured.

Frequently Asked Questions

1. How does the property's value growth compare to the area?
The data shows exceptional growth. The sale price increased from $598k in 2017 to $720k in 2024, with each sale performing better than the last relative to city-wide benchmarks. Its latest sale price ranks higher than 97% of Winnipeg properties for value versus assessment, indicating above-average appreciation.

2. Is the lot size typical for Bridgwater Forest?
At just over 5,500 sqft, the lot is larger than 35% of others on the same street. This suggests it is a fairly standard, but not the largest, lot for the immediate area, offering a good balance of yard space and low maintenance.

3. 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 clarify with the listing agent to understand the home's full living space and quality.

4. How does the home's size compare to the neighbourhood?
Very favourably. With 2,235 sqft of living area, this home is larger than 72% of properties in Bridgwater Forest, placing it comfortably in the top third for interior space in the community.

5. The 2020 sale seems low. What happened?
The 2020 sale price of $572k ranked at the very bottom (0%) compared to other sales on its street at that time. This could indicate a unique circumstance for that sale, such as condition at the time or a private transaction, which was then corrected by the substantial renovations and strong market growth leading to the 2024 sale.