Property Overview & Key Characteristics

This two-storey home in Bridgwater Forest, built in 2010, presents a practical and modern living option. Its key appeal lies in its balance of space, recent updates, and established neighbourhood setting. The home sits on a generous 4,256 sqft lot and features 1,628 sqft of living space, a renovated basement, and a detached garage. While its living area is comfortably sized, the lot size is a notable asset, offering more outdoor space than many in the immediate area.

The home’s value proposition is underscored by its strong position relative to newer builds. It ranks in the top 13% for age in Winnipeg, meaning it’s newer than 87% of homes in the city, yet it’s past the earliest stages of any new-construction settling. The renovated basement adds immediate functional space without the need for a major project. Recent sale history shows steady value, having sold for $56.50k in 2022.

This property would suit first-time buyers or young families looking for a move-in-ready home in a planned community without a premium price tag. It also appeals to the practical buyer who values a larger lot for gardening, play, or future expansion potential over having the absolute newest home on the block. Its detached garage is a plus for those with hobbies, extra storage needs, or who simply prefer not to have an attached structure.

Frequently Asked Questions

1. How does the home’s age (built 2010) compare to the rest of the neighbourhood?
It’s newer than 88% of homes on its street and 71% within Bridgwater Forest, placing it well above average for the area. This suggests you benefit from modern construction while the neighbourhood itself is established with mature landscaping.

2. What does the “renovated basement” typically entail?
While specifics should be verified with the listing agent, a renovated basement in a home of this age often means it has been finished into a livable space, such as a recreation room, home office, or additional bedroom, adding valuable functional square footage.

3. The assessed value is $53.10k, but it sold for $56.50k in 2022. Why the difference?
Assessed value is for municipal tax purposes and often lags behind the current market. The 2022 sale price is a more recent indicator of its market value, reflecting what a buyer was willing to pay at that time.

4. Is the lot size a significant feature?
Yes. At 4,256 sqft, the lot is larger than 68% of those on the street. In newer communities like Bridgwater Forest, lot sizes can vary, and this one offers more private outdoor space than many comparable properties—a key point if a yard is important to you.

5. Who might this home not suit?
Buyers seeking a brand-new, never-lived-in property or those wanting an exceptionally large interior square footage relative to the price point may want to look at newer subdivisions. It’s also not suited for someone requiring a main-floor primary bedroom or an attached garage.