Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes, built in 2015, presents a compelling blend of space, modernity, and established value. Its primary appeal lies in its above-average size and recent construction within a newer Winnipeg community. With 2,358 sqft of living space on a 5,775 sqft lot, it ranks in the top 15% of its street for size and is newer than 92% of homes citywide. The attached garage and unrenovated basement offer functional space and potential for future customization.
The home’s strong market position is underscored by its recent sale price of $710k, which places it in the top 3% of Winnipeg for comparable sales. This suggests a property that has already demonstrated significant buyer appeal and investment confidence. It would suit growing families or professionals seeking a move-in ready, spacious home in a modern suburb without the premium of a brand-new build. It also appeals to the value-conscious buyer who appreciates a home that has outperformed most of the city in assessed and market value, indicating a solid foundation for future equity.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
It ranks highly within the neighbourhood for key metrics: it's in the top 23% for living area, top 34% for being newer, and top 25% for its recent sold price. This indicates it is a larger, more modern, and higher-value property compared to the neighbourhood average.
2. What does the "unrenovated basement" imply?
The basement is finished but has not been recently updated. This can be seen as a blank canvas, allowing the next owner to customize the space to their taste without needing to undertake the initial construction of a bare basement.
3. The assessed value is much lower than the sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market value, especially in active markets. The recent $710k sale price is a more accurate reflection of the home's current market worth, as demonstrated by competitive bidding.
4. Is the lot size typical for the area?
At 5,775 sqft, the lot is larger than 63% of others on Eagleview Road. It offers more outdoor space than many comparable properties in this newer community, where lot sizes can vary.
5. What is the significance of the provided comparable listings (like 124 Bluemeadow Road)?
These listings are context for buyers. They show similar nearby homes in terms of year built, size, and assessed value, helping to benchmark this property. The fact that this home sold for a price that ranks highly against these comps reinforces its premium positioning.