Property Summary: 2 Montpelier Point, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This is a modern, single-storey home built in 2021, situated on a very large lot in the popular Bridgwater Lakes community. Its key appeal lies in the combination of a newer build with a generous, private land area—a pairing that is increasingly rare. The home features a renovated basement and an attached garage.
The property’s standout feature is its land size. At nearly 10,000 sqft, the lot is significantly larger than most in Winnipeg, ranking in the top 6% city-wide. This offers exceptional outdoor potential for gardening, recreation, or future expansion. While the living space is comfortably sized, the home’s true value proposition is the land it sits on.
This property would best suit buyers who prioritize outdoor space and a modern foundation over sheer interior square footage. It’s ideal for a growing family seeking room to play, for someone with a passion for landscaping, or for a buyer thinking long-term about the value of a substantial lot in a well-regarded, newer neighbourhood. The renovated basement also adds immediate functional space for a home office, gym, or guest suite.
Section 2: Frequently Asked Questions
1. Is the large lot size typical for Bridgwater Lakes?
No, it is exceptional. This lot ranks better than 89% of properties in the neighbourhood for size, making it a notable standout on the street and in the area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the scope of work, permits, and the current use of the space to understand its condition fully.
3. How does the assessed value compare to the last sale price?
The current assessed value is $84,500, while it last sold in December 2021 for $79,500. This indicates a stable, modest increase in line with market trends over that period.
4. The home ranks low on its street for "Living Area." Should I be concerned?
This ranking reflects that other homes on Montpelier Point have larger interior square footage. It highlights that this property’s primary advantage is its land, not its floor plan size. Buyers seeking expansive interiors may find the home modest, but those valuing lot size will see it differently.
5. Are the property rankings reliable for comparison?
The rankings provide a helpful, data-driven snapshot against immediate neighbours and the wider city. They clearly show this home’s lot size is its dominant strength, while other features like living space are more average for the area. They are a useful starting point for focused inquiries.