Property Overview & Appeal
This two-storey home in Bridgwater Centre is a modern, low-maintenance property built in 2017. Its key appeal lies in its efficient size and desirable location within a newer Winnipeg community. With 1,492 sqft of living space and a generous 2,585 sqft lot, it offers a balanced footprint for a small family or couple. The home ranks highly for lot size within its immediate street and the broader Bridgwater Centre neighbourhood, suggesting a better-than-average outdoor space for the area.
The property suits buyers looking for a turn-key home in a planned community, without the need for immediate renovations. Its recent sale history shows steady value, and its newer build age means major components are likely still within their lifespan, offering peace of mind. A thoughtful perspective is that while the home lacks a garage, its top-tier lot size ranking presents a valuable opportunity for future addition or landscaping, a flexibility not always available in newer subdivisions. It's a practical choice for someone prioritizing community amenities and a modern layout over custom finishes or extensive yard work.
Frequently Asked Questions
1. What does the "rank by area" data actually mean?
The rankings compare this property to others on the same street, in the neighbourhood, and across Winnipeg. For example, its land area is in the top 7% in Bridgwater Centre, meaning the lot is larger than 93% of others in the neighbourhood.
2. The assessed value seems low compared to past sale prices. Why?
Municipal assessed value for tax purposes often lags behind current market values and is calculated using a specific formula. The 2022 sale price of $410k is a more current indicator of its market worth.
3. Is the lack of a garage a significant drawback?
This depends on buyer needs. The property has ample land, so adding a garage or carport in the future may be feasible, subject to local bylaws. For some, the trade-off for a larger lot is worthwhile.
4. The home sold in 2022 and is now listed again. Is that a concern?
Not necessarily. A two-year ownership period can reflect many common life changes, such as job relocation or adjusting housing needs. The stable assessed value and recent build date suggest no major underlying issues.
5. How does this home compare to the nearby "worth viewing" property at 251 Park East Drive?
That home has a very similar build year and size but a significantly higher assessed value ($450k vs. $40.20k). This stark difference strongly suggests it has undergone substantial renovations or additions that this listing at 204 has not, highlighting this property's potential as a blank canvas.