Property Overview & Key Characteristics

This 2012-built two-storey home in Bridgwater Forest presents a compelling blend of space, modern updates, and established community living. Its key appeal lies in its generous proportions: at over 2,600 sqft of living area, it ranks in the top 5% of its neighbourhood for size, and sits on a large, nearly 7,000 sqft lot. The home features an attached garage and a renovated basement, adding valuable functional space. The data suggests a property that has been well-maintained and is positioned above average for its area, with an assessed value ranking in the top 10% of Bridgwater Forest.

Its appeal is for buyers seeking a move-in ready family home in a popular, modern suburb without the wait of new construction. It particularly suits growing families who value spacious interiors and a large yard, as well as professionals looking for a home with recent renovations in a stable community. A less obvious perspective is the value in its established lot; being 14 years old, the landscaping and neighbourhood trees are more mature than in newer subdivisions, offering immediate privacy and a settled feel. The strong rankings for both living area and lot size indicate this property offers more room than most in the area, which is a lasting advantage.

Frequently Asked Questions

1. How does the 2016 sale price compare to today's likely value?
The home sold for $850,000 in late 2016. While not a direct indicator of current market value, this historical price, combined with its high assessed value ranking, suggests a history of strong value retention. A current market evaluation would be needed for an accurate price.

2. What does the "renovated basement" typically mean for a home of this age?
In a 2012-built home, a renovated basement likely means the original lower level was finished by the builder and later updated. This could range from fresh paint and flooring to upgraded amenities, adding immediate livable space without the need for a major project.

3. The year-built rank on its street is in the top 65% (newer than only 35% of neighbours). Is that a concern?
Not necessarily. It indicates that several homes on the street were built more recently (post-2012). This can be positive, signifying a street that continued to develop with newer homes, potentially maintaining a consistent, modern streetscape and preventing the house from being the oldest on the block.

4. Are property taxes notably high given the assessed value?
The assessed value of $86.40k is for taxation purposes, not market value. It ranks in the top 10% of the neighbourhood, so property taxes will likely be correspondingly higher than an average Bridgwater Forest home, reflecting the property's larger size and perceived value.

5. What is the significance of the lot size ranking so strongly?
Ranking "better than 66%" on its street and 82% in the neighbourhood for lot size is a significant advantage. In a modern community, a nearly 7,000 sqft lot offers more outdoor space for play, gardening, or entertaining than most comparable properties, a feature that is increasingly rare and cannot be easily added later.