Property Overview: 350 Park West Drive, Bridgwater Centre
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2017, presents a compelling blend of modern living and established value in the popular Bridgwater Centre neighbourhood. Its key appeal lies in its strong positioning within the market, offering a "sweet spot" of being nearly a decade old—past the initial settling phase of a new build—while still being a contemporary, low-maintenance property. The home features a renovated basement and an attached garage, situated on a well-sized 3,150 sqft lot.
The data reveals its standout strengths: it ranks in the top tiers for its newer age, above-average living space, and recent sold price compared to both its immediate street and the wider Winnipeg area. This suggests a home that has been well-maintained and holds its value in a desirable community. It would particularly suit buyers seeking a move-in ready, modern family home in a developed area, who appreciate quantifiable value metrics. A thoughtful perspective is that this property offers the curated feel of a newer community without the premium or unpredictability of a brand-new construction, appealing to pragmatic buyers who value both modern amenities and proven neighbourhood stability.
Section 2: Frequently Asked Questions
1. How does the recent sold price compare to the current assessed value?
The home sold for $510,000 in January 2024, which is significantly higher than its $50,800 assessed value. It’s important to understand that municipal assessed value for tax purposes is not a market valuation; the recent sale price is the true indicator of its current market worth.
2. What do the ranking percentages actually mean?
The rankings (e.g., "Top 88% in same street") show how this property compares to others. Being in the "Top 88%" for living area on its street means only 12% of homes on Park West Drive have a larger living space, indicating this is a sizeable home for its immediate location.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the listing agent or city records if a potential income suite is a priority, as renovations do not automatically imply legal suite status.
4. Bridgwater Centre is a large area. Where exactly is this located?
The proximity to five other homes on the same drive, as listed, suggests this is likely in a quieter, more established subsection of Bridgwater Centre, not directly adjacent to major commercial hubs, offering a balance of convenience and residential calm.
5. The home is nine years old. What major components might need attention soon?
While still modern, a 2017 build means some original components (like the roof, HVAC system, or major appliances) could be approaching mid-life. A pre-purchase inspection would be wise to gauge the remaining lifespan of these elements, though their relatively recent age is a positive.