Property Overview
91 Park East Drive is a modern, two-storey home in Winnipeg's Bridgwater Centre neighbourhood. Built in 2016, it offers a balance of contemporary living and established community appeal. The home features 1,810 sqft of living space, an attached garage, and a renovated basement on a 3,182 sqft lot.
Key Features & Ideal Buyer
This home’s primary appeal lies in its modern foundation paired with thoughtful updates. As a 10-year-old property, major systems are likely still within their reliable lifespan, offering a practical alternative to brand-new construction. The renovated basement adds immediate functional space without the need for a project. Its standout characteristic is its living area size, which ranks in the top tier for its street and neighbourhood, suggesting a more spacious layout than many nearby homes.
The property suits buyers looking for a move-in ready home in a planned community. It would appeal to young professionals or growing families who value Bridgwater’s pathways, parks, and amenities. The strong rankings for lot size and assessed value on its street also indicate it’s a substantial property within its immediate context, appealing to those who appreciate a sense of space and established value in a newer community.
A less obvious perspective is the home’s position in the market lifecycle. It’s at an age where the original builder warranties have expired, but the next cycle of major maintenance (like roof or HVAC) may still be several years away, presenting a potential "sweet spot" for the next owner. Furthermore, its assessed value is significantly higher than its last sold price in 2016, reflecting the area’s appreciation.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,810 sqft, this home has one of the largest living area footprints on Park East Drive and ranks in the top 1% within the broader Bridgwater Centre neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the seller or listing agent.
3. Is this a good value for the area?
The home’s current assessed value places it in the top 10% of properties on its street and in Bridgwater Centre, suggesting it is considered a higher-value home in its immediate market.
4. What is the neighbourhood like?
Bridgwater Centre is a master-planned community in south Winnipeg known for its modern homes, extensive pathway networks, parks, and nearby commercial amenities like the Bridgwater Forest Centre.
5. Why is the assessed value so much higher than the 2016 sale price?
The increase from $379,000 in 2016 to an assessed value of $489,000 reflects typical market appreciation over eight years, combined with the value added by the basement renovation and the general desirability of the community.