Property Summary: 139 Bellflower Road, Bridgwater Lakes, Winnipeg
Section 1: Overview & Appeal
This two-storey home, built in 2013, presents a modern and low-maintenance living option in the popular Bridgwater Lakes community. Its key characteristics include a fully renovated basement, a detached garage, and a generous 1,800 sqft of living space on a sizable 4,487 sqft lot.
The primary appeal lies in its balance of contemporary build age and established updates, offering move-in readiness without the premium of a brand-new build. The renovated basement adds immediate functional space, whether for family, hobbies, or potential rental income. From a value perspective, the home's current assessed value ranks notably higher within Winnipeg than its last sold price does, which may indicate perceived value or room for equity growth relative to the broader market.
This property would suit young families or professionals seeking a modern home in a master-planned neighbourhood with good amenities. It also appeals to the practical buyer who values a key renovation already being completed (the basement) and prefers a home that has passed its initial "shakedown" period but remains relatively new.
Section 2: Frequently Asked Questions
1. How does the last sale price compare to the current asking price?
The home last sold in June 2021 for $460,000. This price ranked in the bottom quarter of sales for its street and neighbourhood at that time, which may have been a motivating factor for the subsequent basement renovation to add value.
2. What do the "rank" percentages actually mean for this home?
They provide context. For example, the home ranks better than 90% of Winnipeg for its "newness" (year built), but only better than 34% of Winnipeg for its living area size. This suggests you're buying a relatively modern build, but the interior space is more average for the city, emphasizing the value of the lot size and basement.
3. Is the detached garage a pro or a con?
This depends on preference. A detached garage offers flexibility (e.g., for a workshop) and can reduce noise in the house. However, it is less convenient during harsh Winnipeg winters compared to an attached garage.
4. The assessed value seems low at $55,200. Is that accurate?
Yes, but this is the tax-assessed value by the municipality for property tax calculation, not the market value. The market value is determined by recent sales (like the 2021 sale at $460k) and current listing prices.
5. What is the neighbourhood context of Bridgwater Lakes?
Bridgwater Lakes is a newer, master-planned community in the larger Bridgwater area of south Winnipeg. It typically features family-friendly amenities, parks, and modern home designs. The lot size for this property is above average for the street, offering more outdoor space than many of its immediate neighbours.