Property Overview: 200 Bellflower Road, Bridgwater Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained one-storey home in the popular Bridgwater Lakes neighbourhood offers a practical and modern living space. Its key appeal lies in a combination of a desirable location, recent updates, and a generous lot size. The home features 1,265 sqft of living space, an attached garage, and a renovated basement, adding valuable functional space. Built in 2013, it represents a relatively newer construction in the Winnipeg market.
The property’s standout characteristic is its land. At 5,570 sqft, the lot is larger than most on its street and in the broader area, offering ample outdoor space for gardening, play, or future expansion—a notable advantage in a newer community. The recent sale in late 2024 at a price significantly above its assessed value suggests strong market recognition of these features. This home would suit first-time buyers or downsizers seeking a modern, single-level layout in a family-oriented neighbourhood, as well as value-conscious buyers who prioritize lot size and the potential that comes with a renovated basement over a larger interior footprint.
Section 2: Frequently Asked Questions
1. How does the living area size compare to the neighbourhood?
The home’s 1,265 sqft of living space is on the more compact side for the Bridgwater Lakes area, placing it in the top 97% (meaning only 3% of homes are smaller). This indicates it’s a efficient, manageable layout rather than a sprawling one.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and use of this additional space.
3. Is the property likely to be assessed for higher taxes soon?
Given that the home sold for $57.5k in late 2024, well above its last assessed value of $52.5k, it is possible that a future municipal assessment could increase to align more closely with the recent sale price, potentially affecting property taxes.
4. How does the age and value of this home compare to Winnipeg overall?
Built in 2013, this home is newer than 90% of properties in Winnipeg. Its recent sale price also ranks in the top 9% for value city-wide, indicating it is a relatively new and highly valued asset in the broader market context.
5. What is the immediate neighbourhood like?
The home is on a quiet street with very close proximity to neighbouring houses, as shown by the nearby property distances (e.g., 13m to 204 Bellflower). The street ranks well for lot size and home age, suggesting a consistent, well-established streetscape of newer homes on good-sized lots.