Property Summary: 186 Park West Drive, Bridgwater Centre
Key Characteristics & Appeal
This is a modern, two-storey home built in 2016, offering a low-maintenance start in the popular Bridgwater Centre neighbourhood. Its key appeal lies in its balance of contemporary living and established community. The home features a good-sized living area (1,730 sqft) on a generous lot (2,624 sqft), providing ample indoor and outdoor space for a growing family. With an attached garage and an unrenovated basement, it presents a solid foundation with the potential for future customization.
The property suits first-time buyers or young families looking for a move-in ready home in a newer area without the wait and uncertainties of new construction. Its strong rankings for lot size within the street and neighbourhood suggest above-average outdoor space for the area, a valued commodity in newer communities. A thoughtful perspective is its recent sale history; selling twice in under a decade, it may appeal to buyers interested in a home with a proven resale trajectory in a sought-after locale.
Frequently Asked Questions
1. What does the "Top %" ranking data mean?
These rankings compare this property against others on its street, in Bridgwater Centre, and across Winnipeg. For example, its land area ranks in the top 9% of the neighbourhood, meaning it has a larger lot than 91% of nearby properties.
2. Is the basement finished?
No, the basement is not renovated. This presents both a cost-saving opportunity on the initial purchase and the potential to add value and customize the space to a new owner's needs in the future.
3. How does the assessed value compare to the recent sale price?
The 2024 assessed value is $45,100, while the home sold for $49,500 in June 2024. This indicates the market value recently exceeded the municipal assessment, which is common and based on older data.
4. What is the neighbourhood like?
Bridgwater Centre is a planned, family-oriented community in Winnipeg known for its newer homes, parks, pathways, and nearby amenities like shopping and schools. The property's high land area rank suggests it's in a desirable subsection of the area.
5. Why did it sell in 2024 after being purchased in 2017?
While the specific reason isn't provided, the nearly 36% increase in sale price over seven years reflects strong market appreciation. Typical reasons for such a sale cycle could include a growing family needing more space, a job relocation, or simply capitalizing on equity growth.