This 2014-built two-storey home in Bridgwater Lakes presents a well-maintained and competitively positioned offering. Its appeal lies in a balance of modern convenience, established community living, and above-average metrics in several key areas. The home sits on a large 7,622 sqft lot and features a renovated basement and an attached garage. Statistical rankings indicate it performs strongly city-wide, often placing within the top 15% of Winnipeg for living area, assessed value, and overall modernity. This suggests a property that has kept pace with or exceeded broader market trends. It would particularly suit growing families or professionals seeking a move-in ready home in a newer suburb, as well as value-conscious buyers who appreciate a home that stands out statistically within its immediate neighbourhood and the wider city.
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What do the "ranking" percentages actually mean?
They show how this property compares to others in specific geographic tiers. For example, being "better than 87% in Winnipeg" for land area means the lot is larger than 87% of all properties in the city, a significant advantage. It's useful to note where it ranks highest (e.g., city-wide) versus more modestly within its own street.
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The last sale was in 2016 for $580k. How is the assessed value relevant?
The assessed value ($62.70k) is for municipal tax purposes only and is not an indicator of market value. The 2016 sale price provides a historical anchor, but current market value would be determined by recent comparable sales, condition, and today's market conditions.
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The lot size is a standout feature. What are the potential benefits?
Beyond space for play or gardening, a lot larger than 87% of the city's properties offers long-term value through greater privacy, expansion potential (subject to bylaws), and typically holds its value well due to scarcity.
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How established is the neighbourhood and this specific street?
Built in 2014, the home is now 12 years old, placing it in the "established but not old" category. The street rankings show it is middle-of-the-pack among its direct neighbours for size and value, suggesting a consistent, developed streetscape without extreme outliers.
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What is less obvious from the data?
The data shows a home that outperforms the city average but is more average within its own desirable neighbourhood. This can indicate a stable purchase within a sought-after area, without the premium of being the absolute top-tier home on the block. The renovated basement is a noted positive, but the scope and quality of that renovation would be a key inspection point.