Property Overview & Key Characteristics

This well-maintained one-storey home in Bridgwater Forest offers a practical and modern living space. Built in 2015, it sits on a generous 6,483 sqft lot, providing ample outdoor space that is larger than over half the lots on its street. The 1,998 sqft living area is efficiently laid out across a single level, and the home benefits from a renovated basement, adding valuable finished space. An attached garage adds everyday convenience.

Its appeal lies in a combination of move-in readiness, a family-friendly neighbourhood, and a strong value proposition within the wider Winnipeg market. The property ranks highly for its newer age (newer than 92% of Winnipeg homes) and its assessed value sits in the top 2% citywide, suggesting a solid foundation of equity and municipal valuation. It’s a home that balances space, modern construction, and a desirable location without the premium of a brand-new build.

This property would suit a downsizer or empty-nester seeking single-level living without sacrificing space, or a young family attracted to Bridgwater Forest’s amenities and parks. It’s also a sensible choice for a value-conscious buyer who prioritizes a renovated, low-maintenance home with strong statistical rankings in key areas like lot size and property age compared to the local market.

Frequently Asked Questions

1. How does the lot size compare to others in the area?
At 6,483 sqft, the lot is larger than 53% of properties on Forest Creek Road and ranks in the top quarter for size within the broader Bridgwater Forest neighbourhood, offering more outdoor space than many comparable homes.

2. What does the high assessed value ranking mean?
The home’s assessed value ranks in the top 2% of all Winnipeg properties, indicating that its official municipal valuation is exceptionally high relative to the city’s housing stock. This often reflects a combination of the home’s condition, location, and the desirability of the neighbourhood.

3. Is the basement renovation reflected in the living area square footage?
No. The listed living area of 1,998 sqft typically refers to above-grade, finished space. The renovated basement provides additional usable square footage that is not included in that primary figure, adding functional space for recreation, guests, or storage.

4. The home sold in 2021. What context is there for that sale price?
The home sold for $81.70k in September 2021. It’s important to note this was likely a nominal or non-arms-length transaction (such as between family members), as the price is dramatically below both the current assessed value and any typical market value for the area and home type. The assessed value has since been established at $80.90k.

5. How does the property’s age compare to the neighbourhood?
Built in 2015, the home is newer than 92% of properties in Bridgwater Forest, placing it in the top 8% for year built. This suggests newer construction standards, potentially lower immediate maintenance costs, and modern layouts compared to much of the existing housing stock in the area.