2 Coolspring Point

Property Overview

This well-maintained, one-storey home in Bridgwater Lakes offers modern living in a sought-after Winnipeg neighbourhood. Built in 2019, it sits on a notably large lot of over 8,400 sqft, providing ample outdoor space that is a relative rarity for newer builds. The home features an attached garage and an unfinished basement, presenting a blank canvas for future expansion. Its appeal lies in a balance of contemporary construction, significant land size, and a location that ranks highly within the wider city. The property has seen steady value appreciation since its last sale.

Key Characteristics & Ideal Buyer

The home’s primary strengths are its generous lot size, its modern age, and its strong standing in broader Winnipeg comparisons. While its living space is more modest relative to the neighbourhood, this is offset by the significant yard and the potential of the unfinished basement. The property ranks in the top 10% city-wide for lot size and top 4% for the newness of its build, suggesting a premium, well-situated parcel of land with a recent home on it.

Its appeal is for buyers seeking a modern, low-maintenance single-level layout with room to grow outdoors and possibly indoors. It would suit a young family valuing the community amenities and schools of Bridgwater Lakes, or perhaps empty-nesters looking for a spacious property without the upkeep of an older home. A thoughtful perspective is that the unfinished basement, while requiring investment, allows for customization without the hassle of demolishing old renovations. The data indicates the property holds its value well in the city-wide market, even if it is more average within its immediate street, making it a solid long-term holding in a desirable area.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
At 8,405 sqft, the lot is significantly larger than most, ranking better than 90% of properties across Winnipeg. This is a standout feature for a 2019 build.

2. What does the "unfinished basement" entail?
The basement is complete but not renovated; it has bare walls and concrete floors. This is a cost-saving opportunity at purchase, allowing the new owner to finish it to their specific needs and taste.

3. Has the property value increased?
Yes. Public sale data shows a value increase from $476k in 2019 to $615k in 2023, reflecting market growth and the area's desirability.

4. How does the living space compare to the neighbourhood?
At 1,655 sqft, the living area is below the neighbourhood average, ranking in the top 77% (meaning 77% of area homes are larger). This highlights that the property's value is more weighted to its land and modern build.

5. What is the immediate area like?
The home is on a quiet point, with very close neighbouring properties. The Bridgwater Lakes community is known for its pathways, lakes, and family-friendly amenities, offering a suburban feel with modern infrastructure.