Property Overview: 288 Park West Drive
Key Characteristics & Appeal
This two-storey home in Bridgwater Centre is a modern, low-maintenance property built in 2015. Its primary appeal lies in a balance of above-average space and recent updates within a desirable newer neighbourhood. The 1,730 sqft living area is notably spacious, ranking in the top 16% on its street and top 7% within Bridgwater Centre. A key feature is the renovated basement, adding immediate functional living space without the need for a project. The home sits on a 3,243 sqft lot with an attached garage.
Its value proposition is clear: it’s a move-in-ready home in a community known for its planned amenities and newer construction. The data suggests it outperforms most of Winnipeg for age and a majority of its immediate area for living space, yet its assessed value remains moderate for the city. This combination suits practical buyers—likely young families or professionals—who want modern neighbourhood perks without a brand-new build price, and who appreciate a finished basement for extra room to grow or entertain.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in June 2019 for $43.30k. Its current assessed value of $46.90k is higher, ranking better than 77% of Winnipeg properties. This indicates steady appreciation, but a current market evaluation is recommended for precise pricing.
2. What is the neighbourhood ranking based on?
The “Top 10%” neighbourhood rank refers specifically to the lot size (3,243 sqft) within Bridgwater Centre, meaning the property has a larger yard than 90% of its neighbours—a notable advantage in a newer subdivision.
3. Is the basement development a legal suite?
The details state the basement is “renovated,” not specifying a legal secondary suite. Buyers should verify with the municipality if a rental suite is a requirement, as renovations may not include proper egress or licensing.
4. How does the home’s age (2015) affect potential costs?
At 11 years old, major components like the roof, HVAC, and appliances are likely original and may be approaching mid-life. This isn’t a concern for a newer build, but budgeting for eventual updates in the next 5-10 years is a prudent consideration.
5. What do the “street” rankings indicate about the immediate area?
The home ranks highly for living area on its street but mid-range for year built and past sale price. This suggests Park West Drive has a mix of home sizes and vintages, with this property being one of the more spacious offerings, potentially offering good value relative to its immediate neighbours.