Property Overview

This 2015-built, one-storey home in Bridgwater Forest presents a compelling blend of modern living and established value. Its appeal lies in a rare combination of a large, 12,055 sqft lot—placing it in the top 5% of the neighbourhood for land size—and a recently renovated basement, offering immediate move-in readiness and expansion potential. The home ranks highly for its assessed value, positioning it in the top 2% of Winnipeg, which suggests a strong and stable municipal valuation relative to the market.

It’s an ideal fit for buyers seeking a low-maintenance, single-level layout in a sought-after newer community, who also prioritize generous outdoor space for gardening, play, or future projects. The data indicates it would particularly suit value-conscious purchasers who appreciate metrics, as the home consistently performs better than 85-95% of comparable properties in its immediate area on key measures like lot size and value, offering a grounded confidence in the investment.

Key Details & Questions

What are the less obvious strengths of this property?
Beyond the renovated basement and modern build year, the standout feature is the lot size. In a newer community where lots are often smaller, this property offers a parcel of land that is significantly larger than most in Winnipeg, providing uncommon privacy and space for a home from this era. Additionally, its assessed value has grown notably from its 2019 sale price, and it ranks higher for value than for square footage, which can indicate a efficient use of space or desirable intangible factors.

Who would this home suit best?
This home is well-suited for empty-nesters or young families looking for a modern, single-storey layout in a family-oriented neighbourhood. The large lot is a major draw for those with pets, children, or who enjoy outdoor living. The strong value rankings also make it a sensible choice for pragmatic buyers who weigh statistical performance alongside aesthetic appeal.

How does the living space compare to the area?
With 1,894 sqft of living area, the home itself is comfortably above average for its specific street (top 18%) and Winnipeg overall (top 12%), though it is more median within the broader Bridgwater Forest neighbourhood (top 46%). This suggests you get a well-sized home on a truly premium-sized lot.

What does the assessed value ranking mean?
Ranking in the top 2% in Winnipeg for assessed value is a significant metric. It means the city’s valuation for tax purposes is exceptionally high compared to almost all other properties. This often correlates with desirable attributes and can be a marker of established value, though it's important to compare this to current market prices and recent sales.

Is the price likely to be firm given these rankings?
The impressive rankings across lot size, value, and neighbourhood standing indicate a property with strong, data-backed fundamentals. This typically supports a confident asking price. Sellers are often aware of these superior metrics, so while they don't guarantee a firm price, they do suggest the listing is likely positioned as a premium offering within its category, with less room for negotiation based on perceived shortcomings.