Property Summary: 142 Sablewood Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a 14-year-old, two-storey home in the modern Bridgwater Lakes neighbourhood. With 1,718 sqft of living space on a 4,251 sqft lot, it offers a balanced footprint for a growing family. Key features include a detached garage and a full, unrenovated basement, presenting a clean slate for future customization.
The appeal here is grounded in value and potential within a sought-after, master-planned community. While its specific lot and living area rank in the middle-to-lower tiers within its immediate street and neighbourhood, the home benefits from the area's overall amenities, newer infrastructure, and family-friendly design. Its assessed value has remained stable, closely aligning with its last sale price in 2022. This property would suit first-time buyers or young families looking to enter the Bridgwater area who are comfortable with a home that is functional as-is but offers the long-term opportunity to add value through basement development and landscaping. It’s a practical choice for those prioritizing location and community features over having the largest or newest house on the block.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg known for its parks, pathways, and family-oriented amenities. It offers a suburban feel with newer schools and shopping centres nearby.
2. Is the basement finished?
No, the basement is not renovated. It is a full, unfinished space, which presents an opportunity for future development to add significant living area and value to the home.
3. How does this home compare to others in the area?
The data shows this home is newer and has a larger living area than most homes across Winnipeg. However, within its own street and Bridgwater Lakes neighbourhood, it ranks in the middle to lower range for lot size, living area, and recent sale price, suggesting it may be a more accessible entry point into the community.
4. What is the parking situation?
The property includes a detached garage. Buyers should consider their preference for attached versus detached garage access, especially during Winnipeg winters.
5. Has the property value changed recently?
The home sold for $53.80k in September 2022 and currently has an assessed value of $51.60k. This indicates a stable market value in recent years, with the slight variance being typical of assessed versus sold prices.