Property Overview
102 Sablewood Road is a two-storey home built in 2013, situated on a generous 4,251 sqft lot in the Bridgwater Lakes neighbourhood. With 1,714 sqft of living space, a detached garage, and an unfinished basement, it presents a practical canvas in a modern community. Its assessed value is $530k.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of a relatively recent build year and substantial lot size within a newer suburban area. Built just 13 years ago, it ranks newer than 90% of homes across Winnipeg, suggesting modern construction standards and less immediate need for major updates. The lot is larger than 70% of city properties, offering good outdoor space potential in a neighbourhood known for its planned, family-friendly layout.
The property suits first-time buyers or young families looking for a move-in-ready home in a contemporary community without the premium of a brand-new build. It also appeals to buyers who value a blank slate, as the unfinished basement provides straightforward, cost-effective options for future customization to suit growing needs. A more nuanced perspective is its positioning as a value-stable option; while it doesn’t rank highly within its immediate street or neighbourhood for metrics like assessed value, its city-wide rankings are strong, indicating it may represent a solid entry point into the desirable and generally newer Bridgwater area.
Frequently Asked Questions
1. How does the property’s value compare to the neighbourhood?
The home’s assessed value is higher than 86% of properties across Winnipeg, showing strong city-wide value. However, within Bridgwater Lakes itself, it ranks in the top 82%, meaning it’s among the more moderately priced homes in this specific, newer neighbourhood.
2. What does the lot size mean for me?
At 4,251 sqft, the lot is above average for Winnipeg. This allows more room for gardening, play structures, or outdoor entertaining compared to many newer subdivisions, though local bylaws should be checked for any restrictions.
3. The basement is unfinished. What should I consider?
An unfinished basement is a project opportunity. It allows you to customize the space to your needs (e.g., a rec room, home office, or extra bedroom) without paying a premium for a previous owner’s choices. Budget for insulation, framing, drywall, and flooring.
4. The home sold in 2017. What can that tell me?
The 2017 sale price provides a historical benchmark, but market conditions have changed significantly. It’s most useful for understanding how long the previous owner held the property and for discussing market trends with your real estate agent.
5. How does the “rank by area” and “rank by year” data work?
These rankings compare this property to others on the same street, in the neighbourhood, and across Winnipeg. For example, being newer than 90% of Winnipeg homes is a significant advantage, while being larger than only 30% of city lots still places it on a decent-sized parcel. They are tools for relative comparison, not absolute measures of quality.