Property Overview: 264 Park West Drive
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Bridgwater Centre is a modern, low-maintenance property built in 2015. Its primary appeal lies in its strong position within a desirable, newer neighbourhood. The home offers a generous living area of 1,730 sqft on a sizable 3,243 sqft lot, with an attached garage and an unfinished basement providing room for future customization.
The data reveals a compelling, less obvious strength: its consistency. The property ranks highly across multiple categories—especially within its immediate neighbourhood—for lot size, living space, and overall value. This suggests a home that holds its own in a competitive area, rather than excelling in just one aspect. It recently sold close to its assessed value, indicating a stable, realistic market price.
This home would suit a young professional, a couple, or a small family looking for a turn-key property in a well-regarded community. It’s ideal for buyers who value modern construction, community amenities, and the potential to add personal value through a basement renovation down the line. The strong neighbourhood rankings make it a sound choice for someone prioritizing investment stability alongside contemporary living.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Centre is a master-planned, family-oriented community in Winnipeg known for its newer homes, parks, pathways, and nearby shopping amenities. This street ranks in the top tier for lot size within the area.
2. Is the basement finished?
No, the basement is unfinished. This presents a blank canvas for future expansion, such as adding a recreation room, home office, or additional bedrooms, subject to permits and budget.
3. How does this property compare to others nearby?
The home ranks in the top 15% of its neighbourhood for living space and top 10% for lot size, meaning it is larger than most comparable homes in Bridgwater Centre. Its assessed value is consistent with similar properties across Winnipeg.
4. What does the sold price history indicate?
The property last sold in December 2023 for $47,500, which is very close to its current assessed value of $45,500. This recent sale suggests the market price is grounded and stable.
5. What are the less obvious pros and cons?
A key advantage is its balanced performance across metrics—it doesn’t rank poorly in any major category, suggesting a well-rounded property. A consideration is that its build year (2015) is newer than most in Winnipeg, but only average for its own street, meaning some immediate neighbours may have newer homes.