Property Overview
This 2018-built two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle with above-average space and recent updates. Its primary appeal lies in its balance of being a relatively new construction in a popular suburban neighbourhood, combined with a renovated basement that adds immediate liveable square footage. The home sits on a good-sized lot and ranks highly for its living area compared to most homes in Winnipeg, providing a sense of space without the upkeep of an older property.
It would suit young families looking for a move-in ready home in a community-oriented area, or professionals seeking a modern property with room to grow. The renovated basement also makes it a practical choice for those who value flexible space for a home office, gym, or entertainment area right away.
Key Details & Considerations
- Key Characteristics: A 2,626 sqft two-storey with an attached garage, built in 2018. The basement has been renovated. The lot is 5,433 sqft.
- The Appeal: Modern build quality, significant living space that ranks in the top 10% on its street, and a move-in-ready basement renovation. It offers a balance of newer systems and established community.
- Suitable For: Buyers prioritizing a contemporary home in a family-friendly suburb. It's ideal for those who want more space than a typical starter home but wish to avoid major immediate renovations.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home ranks better than 93% of neighbourhood properties for living area, meaning it is significantly larger than most. It's also newer than 88% of homes in the area, so you're getting a modern property within an established community.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value ($714,000) is higher than the last sale price ($658,000 in January 2023). This typically reflects market appreciation and the value added by the basement renovation, but it's a municipal assessment for tax purposes, not a guaranteed market price.
3. Is the renovated basement permitted and finished to the same standard as the main floors?
The listing notes it is "renovated." It is always advisable to request details on the scope of work, quality of finishes, and whether all necessary permits were obtained to ensure the renovation meets your standards.
4. The home ranks highly for space, but how does the lot size compare?
At 5,433 sqft, the lot is above average for the street (better than 46%), but not in the top tier. This suggests a good private outdoor space that is still manageable for maintenance.
5. What might the "rank by year" data imply for future maintenance?
Being newer than 95% of Winnipeg homes is a major advantage, suggesting major components like the roof, HVAC, and windows have considerable life left. This can translate to lower near-term repair costs compared to an older home.