Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes is a modern, well-maintained property built in 2016. It sits on a generous 5,775 sqft lot and features a renovated basement and an attached garage. The home’s primary appeal lies in its strong performance across key metrics compared to its surroundings. It ranks in the top tier for its assessed value, living space, and recent build year not just on its street, but across much of Winnipeg. This suggests a property that is both above average in size and condition for the area, with a valuation that has grown substantially since its last sale in 2021.
Its appeal is for buyers seeking a move-in ready, contemporary home in a newer suburban community without the premium of a brand-new build. It would suit professionals or families looking for established landscaping and a home past its initial settling phase, but with plenty of modern amenities and life left in its major systems. A thoughtful perspective is that while newer builds often come with community development phases, this home offers the benefit of being in a more mature part of the neighbourhood where the initial landscaping and infrastructure are settled, potentially reducing immediate exterior costs.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is a key municipal figure for calculating taxes, not a direct market price. However, a home assessed in the top 3% for Winnipeg generally indicates a property valued highly by the city assessor, which often correlates with strong market value. The last sale was in 2021 for $665k, and market trends since then would influence the current price.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key question for a viewing, as it could range from finished drywall and flooring to the inclusion of additional bedrooms, a bathroom, or a legal suite.
3. The home sold for $493k in 2016 and $665k in 2021. What does this history indicate?
This shows significant equity growth for the previous owner over five years. It reflects the general market appreciation during that period and the added value of any improvements made. It positions the home as a solid historical performer in terms of value retention and growth.
4. How does the lot size and living area compare to nearby homes?
With a lot size better than 63% on its street and living area better than 85%, this home offers more space than most direct neighbours. This is a relative advantage for outdoor space and home size within the immediate area.
5. Are there any notable differences from the referenced nearby property at 124 Bluemeadow Road?
While that reference home is very similar in size, year built, and neighbourhood, this property on Eagleview Road has a notably higher assessed value ($73.80k vs. $67.10k). This suggests potential differences in finish quality, layout, lot specifics, or upgrades that contribute to its municipal valuation.