Property Overview & Key Characteristics
283 Park West Drive is a well-maintained, two-storey home built in 2015, situated on a generous 3,237 sqft lot in Winnipeg's Bridgwater Centre neighbourhood. With 1,537 sqft of living space, a detached garage, and an unfinished basement, it presents a practical, move-in-ready canvas. Its appeal lies in a balanced profile: it's a newer build in a modern community, offering solid fundamentals without premium finishes. The lot size is a standout, ranking in the top 16% of the neighbourhood, providing more outdoor space than many comparable properties.
This home would suit first-time buyers or young families seeking a established, low-maintenance property in a planned community. It’s also a sensible choice for value-focused buyers who prefer to customize an unfinished basement to their own taste and budget, rather than paying for someone else’s renovations. The strong lot size offers a less obvious advantage—future potential for landscaping, gardening, or outdoor living that isn't always available in newer subdivisions.
Frequently Asked Questions
1. How does this property compare to others on the street?
The home ranks highly for its lot size (top 22% on the street) and assessed value (top 21%), indicating it sits on a desirable parcel of land. Its living area and recent sale price are around the median for the street, positioning it as a solid, average-sized home on a better-than-average lot.
2. What is the neighbourhood ranking, and what does it mean?
The property ranks in the top 16% of its neighbourhood for lot size and top 22% for living area, meaning it offers more space than most homes in Bridgwater Centre. Its year built (2015) is also newer than 85% of area homes, suggesting a modern community overall.
3. Is the unfinished basement a drawback?
Not necessarily. For many buyers, an unfinished basement is an opportunity. It allows for customization—whether for a recreation room, home office, or additional bedroom—without the cost of undoing existing work. It also provides clear, easy access to mechanical systems for maintenance.
4. How does the last sale price relate to its current assessed value?
The home sold for $450,000 in August 2022, while its current assessed value is $419,000. This difference is not unusual, as municipal assessments for tax purposes often lag behind market sale prices and are calculated using a different methodology. The sale price is a more direct indicator of recent market value.
5. What is the significance of the detached garage?
A detached garage offers flexibility. It can be ideal for a workshop, hobby space, or storage, potentially keeping noise and dust separate from the main house. Some buyers also find it allows for more creative landscaping or driveway options between the garage and the home.