Property Overview: 248 Park West Drive
Key Characteristics & Appeal
This is a well-maintained, two-storey family home built in 2014, situated in the popular Bridgwater Centre neighbourhood. Its key features include a renovated basement and an attached garage, set on a lot size that is larger than most on its street. With 1,730 sqft of living space, the home offers practical, modern living.
The appeal lies in its established position within a newer community. The data suggests a home that has been cared for, with a current assessed value that ranks well above average for both the neighbourhood and the wider city. It represents a solid, move-in ready option in a sought-after area, avoiding the premium often attached to brand-new construction while still being relatively modern.
This property would best suit practical buyers—growing families or professionals—looking for a turnkey home in a convenient suburban setting. It’s for those who value community amenities and newer infrastructure but also appreciate a home with some lived-in history and likely more mature landscaping compared to a recent build. The renovated basement adds valuable flexible space, making it adaptable for various needs.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is $47.80k, but this is a provincial valuation for tax purposes and is typically far below market value. A more relevant market indicator is the 2017 sale price of $40.10k, though the market has changed significantly since then. Always consult recent comparable sales for an accurate current value.
2. Is the home older than others in Bridgwater Centre?
Yes. Built in 2014, it is older than 96% of homes in the immediate neighbourhood, which consists largely of very recent construction. This isn’t necessarily a drawback; it means the home is past its initial settling phase and the yard and trees are more established.
3. What do the ranking percentages next to the features mean?
These show how this property compares to others in the same category. For example, its lot size is "Better than 88% in same street," meaning it's in the top 12% for lot size on Park West Drive. This is a quick way to see its relative strengths, like its above-average living space for the area.
4. The last sale was in 2017. Why might the owners be selling now?
While the specific reason isn't known, a 7-year ownership period is common for a home of this type. It often aligns with a natural transition point for families, such as children reaching different school ages or changing space needs.
5. How does this lot size compare to older Winnipeg neighbourhoods?
At 3,243 sqft, the lot is quite typical for newer communities like Bridgwater Centre but is generally smaller than lots found in many of Winnipeg's mature, post-war suburbs. This reflects modern subdivision planning focused on efficient land use and lower maintenance.