Property Overview
This two-storey home in Bridgwater Centre offers a practical, modern living space built in 2015. With 1,492 sqft of living area and a full, unfinished basement, it provides room to grow. The property sits on a 2,640 sqft lot and does not include a garage. Its appeal lies in its relatively recent construction within a newer suburban community, offering a turn-key home in a developed neighbourhood. The home recently sold in May 2024 for $444.5k, which is notably higher than its assessed value, suggesting a strong market perception.
This property would suit first-time buyers or small families looking for a low-maintenance, modern home in a planned community. It’s also a sensible choice for those who value a blank-canvas basement to finish according to their own needs and budget. A less obvious perspective is that, while the home ranks in the middle of its immediate street for size and year built, its value rankings within the wider city are strong for age and above average for living space, indicating it's a competitively modern property in the broader Winnipeg context. The lack of a garage, however, means it best suits buyers comfortable with street parking or adding their own parking solution.
Frequently Asked Questions
Q: How does the recent sale price compare to the home's assessed value?
A: The home sold for $444,500 in May 2024, which is significantly above its $402,000 assessed value. This is common in active markets and reflects what a buyer was recently willing to pay.
Q: Is there potential to increase the living space?
A: Yes. The home includes a full, unfinished basement, which presents a straightforward opportunity to add additional living area, subject to permits and budget.
Q: How does the property rank within the neighbourhood?
A: The rankings show a mix. The living area is in the top 27% for Bridgwater Centre, but the lot size is in the bottom 25%. This indicates the home itself is relatively spacious for the area, but the outdoor space is more compact.
Q: What should I know about parking without a garage?
A: The property has no garage. Buyers should investigate community parking regulations, consider the cost of adding a driveway or parking pad, and assess on-street parking availability.
Q: The home is 11 years old. What does that mean for maintenance?
A: Built in 2015, major structural components are likely in good shape. However, this is the age where original appliances, HVAC systems, and exterior finishes (like paint or caulking) may soon require attention or updates.