Property Overview & Key Characteristics
This 2018-built two-storey home in Bridgwater Lakes offers a modern, low-maintenance foundation in a sought-after community. Its key appeal lies in a balance of newer construction and established neighbourhood living. The home features a renovated basement, an attached garage, and a living space of approximately 1,942 sqft on a standard-sized lot. The data suggests it is a solidly middle-of-the-pack property for its immediate street and neighbourhood in terms of size and assessed value, but it stands out for its newer age, ranking in the top 12% of its neighbourhood and top 5% city-wide for year built. This positions it as a home requiring fewer immediate major updates compared to older stock.
The property would suit first-time buyers or young families seeking a modern, move-in-ready home in a developed area with parks and pathways. It also appeals to value-conscious buyers who prioritize newer mechanical systems and building envelopes over having the largest footprint on the block. A less obvious perspective is its potential for buyers who appreciate a renovated basement but may want to put their own stamp on the main living areas over time.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics require a viewing, a "renovated basement" in a home of this age typically means it is finished as a livable space, likely with drywall, flooring, and proper ceilings. It may include a recreational room, additional bedroom, or bathroom.
2. How does the assessed value relate to the listing price?
The assessed value ($61,600) is for municipal tax purposes and is typically much lower than market value. The listing price will be determined by current market conditions, recent sales of comparable homes, and the property's specific features.
3. The living area ranks lower than its age. What does that mean?
This indicates the home is newer than most, but its square footage is more average or slightly below average for the area. It suggests a efficient, modern layout rather than an expansive one, which can be appealing for lower utility and maintenance costs.
4. Is the lot size a pro or a con?
At over 5,400 sqft, the lot is a standard suburban size. It provides adequate private outdoor space for gardening or play without the extensive upkeep of a much larger yard, aligning with the home's low-maintenance appeal.
5. The neighbourhood rankings seem mixed. How is the location perceived?
Bridgwater Lakes is a well-established, family-oriented community in southwest Winnipeg. While this specific property's metrics vary (e.g., top 37% for lot size, top 63% for living area in the neighbourhood), the area overall is popular for its amenities, schools, and pathways, contributing to steady demand.