Property Overview & Key Characteristics
This two-storey home on Park East Drive in Bridgwater Centre is a modern, low-maintenance property built in 2018. Its key appeal lies in a combination of a desirable location within a newer community and a home that requires little immediate work, highlighted by a renovated basement. The lot is a standout feature, ranking in the top 5% of the neighbourhood for size, offering more outdoor space than many newer builds in the area.
The home would suit first-time buyers or young families looking for a move-in ready property in a planned community, as well as downsizers seeking a modern layout without a large yard to manage. A thoughtful perspective is that while the living area is fairly typical for the street, the larger lot presents a valuable opportunity for future enjoyment or expansion that newer subdivisions often lack. The recent sale history shows steady value retention, suggesting a stable investment in a well-regarded area.
Frequently Asked Questions
1. How does the lot size compare to others in Bridgwater Centre?
The 2,582 sqft lot is a significant feature, ranking in the top 5% of the neighbourhood. This means it offers more private outdoor space than the vast majority of comparable properties in this newer community.
2. What is the significance of the "renovated basement"?
While the specific details of the renovation are not listed, it indicates the lower level has been finished or upgraded beyond the original builder specifications, adding immediate liveable space and potentially increasing the home's functionality.
3. How does the property's value history look?
The home sold for $460k in late 2022, which was well above its assessed value at the time and ranks in the top quartile for sale prices on its street. This indicates strong market appeal for this specific property.
4. Is the detached garage a common feature here?
Many homes in newer neighbourhoods like Bridgwater Centre have attached garages. A detached garage offers different utility, potentially providing clearer separation for a workshop or reducing noise in the main house, but may be less convenient in winter.
5. What does the "rank by year" data tell us?
The home is newer than about 95% of properties in Winnipeg, but is around the median age for its immediate street and neighbourhood. This means you benefit from modern construction while being in an established part of the community, not on the very latest phase of development.