Property Overview
This single-storey home in Bridgwater Lakes is defined by its generous, mature lot and its position within a desirable, established neighbourhood. Built in 2015, it offers modern construction without the wait of a new build. The key appeal lies in its exceptional land size—over 13,000 sqft, which places it in the top tier for lot dimensions locally. Combined with a fully renovated basement and an attached garage, it presents a turnkey opportunity for those seeking space and privacy. The home’s assessed value has risen steadily, indicating strong market confidence in the area.
It would suit a buyer prioritizing outdoor space for gardening, recreation, or future expansion over sheer interior square footage. It’s also ideal for those seeking a move-in ready home in a top-ranked neighbourhood without the premium of a brand-new construction. A thoughtful perspective is that while the living area is modest relative to the lot, this represents a specific value proposition: you’re investing significantly in the land itself, which is the appreciating asset, with a comfortable and updated home included.
Key Details & FAQs
Key Characteristics & Ideal Buyer
- Lot & Location: The standout feature is a 13,380 sqft lot, ranking in the top 3-4% for size in Winnipeg. Located in the well-regarded Bridgwater Lakes community.
- Home Features: A 1,709 sqft, one-storey home built in 2015, featuring a renovated basement and an attached garage.
- Value Profile: The property’s assessed value of $68,600k ranks highly city-wide, showing significant growth from its last sale price in 2019.
- Ideal For: Buyers seeking a large, private yard in a premier neighbourhood. It suits downsizers or small families who want single-level living with ample outdoor space, or investors focused on long-term land value in a growth area.
Frequently Asked Questions
1. Is the lot size unusual for this neighbourhood?
Yes. The lot is substantially larger than most, ranking better than 97% of homes on its street and in Winnipeg. This is a primary distinguishing feature of the property.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific finishes and layouts should be verified through a viewing or direct inquiry with the listing agent.
3. How does the home's size compare to others nearby?
With 1,709 sqft of living area, the home itself is comfortable but not oversized for the area. The value proposition leans more toward the land. For comparison, a nearby home at 3 Red Spruce Road has more interior space (2,287 sqft) but a lower assessed value.
4. Has the property value increased?
The assessed value suggests strong appreciation. It last sold for $56,900k in September 2019, and its current assessed value is $68,600k, indicating a positive trajectory.
5. What is Bridgwater Lakes like as a community?
Bridgwater Lakes is a modern, master-planned neighbourhood in Winnipeg known for its lakes, pathways, and family-friendly amenities. This home is situated on a quiet road within that established framework.