Property Overview: 110 Appleford Gate, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2014, sits on a generous 4,252 sqft lot in the modern Bridgwater Lakes community. With 1,484 sqft of living space, a detached garage, and an unrenovated basement, it presents a solid, move-in-ready canvas. Its core appeal lies in its balance of relative newness and established community living. The home is notably newer than 91% of properties across Winnipeg, offering contemporary construction without the premium of a brand-new build.
The property suits first-time buyers or young families looking for a foothold in a sought-after, master-planned neighbourhood. It’s also a practical option for value-conscious buyers who prefer to customize a space over time, as the basement provides clear potential for future expansion. A thoughtful perspective: while the home ranks in the lower half for size and value within its immediate street and neighbourhood—indicating it’s among the more modest homes in the area—this can be an advantage. It allows access to the desirable Bridgwater Lakes amenities and community at a potentially more accessible entry point, with the lot size being a standout feature for outdoor space.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $48,700 is lower than 96% of homes in Bridgwater Lakes, suggesting it is priced modestly for this neighbourhood. Recent sales of comparable nearby homes show higher assessed values, indicating this may represent a relative value opportunity within the community.
2. What does the lot size mean for me?
At 4,252 sqft, the lot is larger than average for the area (ranking better than 51% on its street). This provides ample private outdoor space, a rarity in newer subdivisions, and offers great potential for gardening, play, or future additions like a deck or patio.
3. The home sold in 2019 and 2020. What does that history indicate?
The sales history shows steady appreciation from $36,500 in 2019 to $40,600 in 2020, prior to its current assessed value. This pattern is consistent with the area’s growth over that period and suggests stable market performance.
4. What should I know about the “unrenovated basement”?
This means the basement is finished to a basic, functional level but awaits personalization. It’s a blank slate, allowing a new owner to design the space to their needs without paying a premium for someone else’s renovations, though any desired updates would be an additional future cost.
5. How does this property rank for its age?
Built in 2014, the home is newer than 91% of all properties in Winnipeg, a significant advantage. It likely incorporates modern building codes and energy efficiency standards, potentially leading to lower maintenance and utility costs compared to older city homes.