Property Overview
This two-storey home on a generous lot in Bridgwater Lakes presents a modern, low-maintenance lifestyle. Built in 2016, it offers the benefit of a newer build with established landscaping and a recently renovated basement. Its appeal lies in its above-average size, both in living area and land, compared to most homes in Winnipeg, providing space without the upkeep of an older property. The attached garage and lack of a pool cater to practical, family-oriented needs.
It would suit young families or professionals seeking a move-in ready home in a developed neighbourhood. Buyers looking for a property with strong value retention and metrics that rank highly city-wide will find the statistics compelling. It’s also a sensible choice for those who appreciate a renovated basement for extra living space but want to avoid a major project.
Key Details & FAQs
- Key Characteristics: A 2,626 sqft two-storey on a 6,151 sqft lot. Built in 2016 with an attached garage and a renovated basement.
- The Appeal: Modern construction, significant interior and exterior space, and move-in readiness with recent updates. Its assessed value ranks in the top 2% city-wide, suggesting strong official valuation.
- Ideal For: Young families, professionals wanting space and convenience, and value-conscious buyers seeking a home with above-average metrics for its size and age.
Frequently Asked Questions
How does this property compare to others in the immediate area?
It ranks very well for its newer age (top 14% on the street) and large living area (top 17% on the street). The lot size is more average for the street, offering a balance of home size and yard space.
What does the sold price history indicate?
The home last sold in September 2020 for $60.50k. The current assessed value is $77.30k. This significant increase aligns with broader market trends over that period and suggests substantial equity growth, but a current market appraisal would be needed for today's value.
Is the neighbourhood well-established?
Yes. Bridgwater Lakes is a developed community. The home’s age (10 years) means the landscaping and neighbourhood amenities are settled, avoiding the uncertainties of a brand-new subdivision.
What might the ranking percentages mean for future value?
Ranking in the top 2-7% in Winnipeg for living area and assessed value is a strong indicator. It suggests the property already possesses attributes (size, official valuation) that are scarce city-wide, which can be a buffer in slower markets.
Are there any less obvious considerations?
The 2020 sale price was notably lower than most neighbours' sales at the time (ranking in the bottom 15% on the street). This could indicate a previous sale circumstance (e.g., estate, quick sale) that provided good value to the last buyer, which is a positive historical note. Always review the full property history for context.