Property Overview: 187 Lake Bend Road, Bridgwater Lakes
Key Features & Ideal Buyer
This two-storey home, built in 2013, sits on a generous lot in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in a balance of space and location, offering a modern home in a well-regarded community without the premium of a brand-new build. The property features an attached garage and a full, unfinished basement, providing a solid foundation for future customization.
The home’s strength is its relative value within a newer area of Winnipeg. While its living space is comfortably sized, the property truly stands out for its lot size, ranking better than 65% of all homes in the city for land area. This offers excellent outdoor potential. It suits first-time buyers or young families looking for a move-in-ready home in a newer suburb, with the understanding that the basement presents an opportunity to add value down the line. A thoughtful buyer will note that while the home is newer than 90% of Winnipeg properties, it is slightly older than many in its immediate street and neighbourhood, which may contribute to its accessible price point in this area.
Frequently Asked Questions
1. How does this home compare to others on the street?
The property offers a larger-than-average lot for the street but is an older build compared to many of its neighbours. This can represent a value opportunity for buyers who prioritize outdoor space over having the absolute newest home on the block.
2. What does the "unfinished basement" mean for me?
The basement is a blank canvas. It’s a significant opportunity to add living space and value according to your needs (e.g., a rec room, home office, or additional bedroom), but it requires planning and investment to finish.
3. The assessed value is much higher than the last sale price. Why?
The home last sold in May 2021 for $51,500. The current assessed value of $56,600 reflects the municipal assessment for taxation purposes and general market trends. It is a starting point for discussion, but the final sale price will be determined by the current market.
4. Is Bridgwater Lakes a good neighbourhood for families?
Yes, it is a modern, master-planned community known for its parks, pathways, and lakes. The neighbourhood ranks highly city-wide for newer homes and generally appeals to families seeking contemporary suburban living.
5. What are the immediate next-door properties like?
The listing suggests very close proximity to neighbouring homes, with the nearest two houses just 15 meters away. This is typical for the area and worth considering for privacy preferences.