Property Overview
140 Park West Drive is a modern two-storey home in Winnipeg's Bridgwater Centre neighbourhood. Built in 2016, it offers 1,810 sqft of living space on a 3,220 sqft lot and features an attached garage and a renovated basement.
Key Features & Ideal Buyer
This home’s primary appeal lies in its balance of modern construction and established community living. As a 10-year-old property, major initial maintenance concerns are likely past, yet it remains contemporary. Its standout characteristic is space: the living area ranks in the top 3% on its street and top 1% within Bridgwater Centre, offering more interior room than most comparable homes. The renovated basement adds immediate functional space without the need for a project.
The home suits buyers looking for a move-in ready, spacious family home in a planned neighbourhood. Its strong rankings for lot size and living area suggest it’s a "larger-than-average" home for the area, ideal for those who may have outgrown a starter home but still want a modern layout and amenities. The high city-wide ranking for its year built (top 7%) indicates it’s a relatively new property in the broader Winnipeg context, appealing to those seeking newer construction without a brand-new price tag. A thoughtful perspective is its value for the neighbourhood; with an assessed value ranking in the top 8% of Bridgwater Centre, it represents a premium offering in the area, potentially offering stronger value retention.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home was last sold in November 2016 for $410,000. Its current assessed value is $494,000. This increase reflects market changes and any renovations completed since purchase, such as the basement renovation noted.
2. Is the home larger than others nearby?
Yes, significantly. With 1,810 sqft of living area, it ranks in the top 1% of homes in the Bridgwater Centre neighbourhood for interior space, making it notably more spacious than most direct comparisons.
3. What does the ranking for "Year Built" mean?
The home was built in 2016. Its ranking in the top 7% for Winnipeg means it is newer than approximately 93% of homes in the city, which is a considerable advantage for systems, efficiency, and modern design.
4. The lot is 3,220 sqft. Is that typical?
The lot size ranks in the top 25% on its street, so it is larger than many neighbouring properties. This suggests better-than-average outdoor space for the immediate area.
5. Are comparable properties in similar neighbourhoods?
The listed similar-value properties are in established neighbourhoods like Elmhurst and Varsity View. This indicates that 140 Park West Drive offers a modern, suburban alternative at a similar price point to older homes in core neighbourhoods.