118 Sablewood Road

Property Overview: 118 Sablewood Road, Bridgwater Lakes

Key Characteristics & Appeal

This is a well-maintained, two-storey home built in 2012, situated on a generous 4,614 sqft lot in the modern Bridgwater Lakes community. With 1,718 sqft of living space, a detached garage, and an unfinished basement, it presents a solid, move-in-ready canvas. Its core appeal lies in its balance of relative space, a newer build date that minimizes immediate major repairs, and a location within a popular, master-planned neighbourhood.

The home suits first-time buyers or young families looking for a modern community feel without the premium of a brand-new build. It’s also a practical choice for value-conscious buyers who see potential in the unfinished basement for future customization. A thoughtful perspective is its strong ranking for newer construction city-wide (top 11% in Winnipeg), which is a significant advantage for maintenance predictability compared to much of the housing stock. However, its value rankings within its immediate street and neighbourhood are more modest, suggesting it may be a competitively priced option for gaining entry into this sought-after area.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
The data shows the property ranks in the top 82% for lot size within the neighbourhood, meaning it has a larger-than-average yard for the area. However, its assessed value and recent sale price rank in the bottom 20-30% of the neighbourhood, indicating it may offer better value per square foot compared to many nearby homes.

2. What does the sale history tell us?
The home sold recently in November 2024 for $510,000. Prior to that, it sold in June 2020 for $403,000. This history shows steady appreciation over a four-year period and provides a clear, current market benchmark.

3. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it offers the next owner the opportunity to customize the space to their exact needs without needing to undo previous work. It represents clear potential for added value and living space.

4. How does the age of the home (built 2012) affect things?
A 14-year-old home is past its initial warranty period but is still considered modern. Major components like the roof, windows, and furnace are likely original and may be entering a phase where future planning for replacement is wise, but they should currently be in good functional condition.

5. What is the significance of the detached garage?
A detached garage offers flexibility—it can be used purely for vehicle storage, as a workshop, or for additional storage without impacting the main house's layout or noise levels. Some buyers prefer this separation, while others may see it as less convenient than an attached garage, especially in winter.