Property Overview: 117 Park West Drive, Bridgwater Centre
Key Characteristics & Appeal
This two-storey home, built in 2016, presents a modern and low-maintenance living option in the popular Bridgwater Centre neighbourhood. Its key appeal lies in a balance of contemporary build quality, a recently renovated basement adding valuable finished space, and a desirable location within a newer community. The detached garage offers flexibility, and the lot size is above average for its street.
The home suits first-time buyers or young families seeking a move-in ready property in a developed area with newer infrastructure. It also appeals to downsizers looking for a modern layout without the concerns of an aging structure. A thoughtful perspective is its strong ranking for lot size within the street (top 27%), which is less common in newer subdivisions and offers better outdoor space potential. While the living area is comfortable, buyers prioritizing maximum interior square footage over lot size may compare it with nearby properties. The historical sale data shows steady value appreciation, indicating a stable investment in a growing area.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top quarter for lot size, offering more outdoor space than most neighbours. The living area is above average for the street, but the year built is newer than about 72% of homes on Park West Drive.
2. What is the neighbourhood like?
Bridgwater Centre is a modern, planned community in Winnipeg with newer amenities, parks, and pathways. This home's rankings place it in the top 39% for lot size within the broader neighbourhood.
3. Has the property value increased?
Yes. Public records show a sale in 2016 for $313,000 and a subsequent sale in 2021 for $430,000, demonstrating significant appreciation over that five-year period.
4. What does the "renovated basement" include?
The listing confirms the basement is finished and renovated, but specific details on the renovation scope, rooms, or permits should be verified by a buyer's inspection and inquiry with the seller.
5. How does the assessed value relate to the likely selling price?
The current assessed value is $466,000. It's important to note that assessed value is for municipal tax purposes and often differs from market value. The 2021 sale price provides a more recent market benchmark, but current conditions will determine the final price.