Property Overview & Key Characteristics

This two-storey home in Bridgwater Forest, built in 2009, presents a compelling blend of space, location, and established value. Its primary appeal lies in its generous proportions and strong standing within its immediate area. With nearly 2,500 sqft of living space and a 4,898 sqft lot, it ranks in the top tier for size on its street and within the wider neighbourhood. The home features a renovated basement and an attached garage.

The data suggests a property that has been a solid performer. Its assessed value and recent 2023 sale price rank it in the top 3% citywide, indicating a history of value retention and growth that outpaces most of Winnipeg. While newer than most homes on its street, it is part of a relatively young, master-planned community, offering a balance of established landscaping and modern infrastructure.

This home would suit buyers looking for move-in ready space in a family-oriented neighbourhood, particularly those who value quantifiable metrics like lot size and value rankings. It’s also a sensible choice for buyers who appreciate a home with a clear, upward trajectory in its price history, suggesting a well-regarded location within Bridgwater Forest itself.

Frequently Asked Questions

How does the “ranking” data work?
The rankings compare this specific property against all others on its street, in Bridgwater Forest, and across Winnipeg for metrics like living area and assessed value. For example, ranking in the “top 13%” on its street for size means it is larger than 87% of its direct neighbours.

The home sold recently in 2023. Why is it back on the market?
While the listing doesn’t specify a reason, short-term ownership can be due to many life changes unrelated to the property itself, such as job relocation or changing family needs. The rapid appreciation between its 2016 and 2023 sales indicates a strong market response.

What does the assessed value versus sale price tell us?
The assessed value ($73.70k) is for municipal tax purposes and is typically lower than market value. The 2023 sale price of $710k is the true market indicator. The large gap between these figures is normal and shows the market’s premium for this home.

Is a 2009-built home considered modern?
In Winnipeg’s housing landscape, a 2009 build is relatively modern, especially compared to the city’s older core neighbourhoods. It likely incorporates contemporary building codes and materials, while being old enough for any initial development issues to have been resolved.

How does this location in Bridgwater Forest compare?
The data shows this specific street and property often rank better than the broader Bridgwater Forest neighbourhood averages. This implies it may be in a particularly desirable section of the community, possibly with larger lots or a more premium positioning.