Property Overview
This 2022-built two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle. Its key appeal lies in being a nearly new property with a renovated basement, situated on a spacious lot that is larger than most in the area. The home ranks highly for its newness, assessed value, and living space compared to most of Winnipeg, suggesting a premium, contemporary build in a desirable community. It would suit buyers looking for a turnkey, modern home without the wait of new construction, particularly young professionals, growing families, or downsizers seeking single-level living potential with a finished basement. A thoughtful perspective is that while the home is newer, its value has appreciated significantly from its 2022 sale price, indicating strong market confidence in the location. The lot size offers room for outdoor enjoyment, a notable advantage in newer neighbourhoods where lots are often smaller.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "better than 98% in Winnipeg" for year built means it is newer than almost all homes in the city, a mark of modern construction.
2. Is the basement development legal and permitted?
The listing notes the basement is "renovated." It is essential to verify with the seller or your agent that any renovations were completed with the proper permits and meet local building codes.
3. What are the annual property taxes?
The assessed value is $810,000. Taxes are not listed here; you should consult the current municipal tax rate to calculate the estimated annual property tax bill.
4. Why is there such a difference between the 2022 sale price and the current assessed value?
The home sold for $87,100 in April 2022, likely as a pre-construction or new build purchase. The current $810,000 assessment reflects the completed home's market value, showing significant equity growth and the premium for a modern, finished property in a sought-after area.
5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a modern neighbourhood in Winnipeg's Waverley West area, known for its lakes, pathways, and newer amenities. The high rankings within the neighbourhood suggest this is one of its more premium properties.