Property Overview: 222 Eagleview Road, Bridgwater Lakes
Key Features & Ideal Buyer
This two-storey home in Bridgwater Lakes presents a compelling mix of modern comfort and strong community standing. Built in 2016, it offers a move-in-ready condition with a renovated basement, an attached garage, and a generous 2,361 sqft of living space. Its appeal lies not just in its physical attributes but in its notable position within the market. The property ranks in the top tiers for its size, newness, and assessed value when compared to its street, neighbourhood, and all of Winnipeg. Specifically, it sits in the top 10% of its street for age, the top 4% in Winnipeg for living area, and the top 3% for its current assessed value. This suggests a well-regarded home in a desirable location.
The home would suit buyers looking for a established yet modern property in a family-oriented community, without the premium of a brand-new build. It’s particularly suited for those who value data-driven investment indicators, as its high percentile rankings across key metrics point to a history of above-average value retention and appeal. The renovated basement adds functional space for a growing family, a home office, or recreational use.
Frequently Asked Questions
Q: How does the assessed value compare to the last sale price?
A: The home was last sold in August 2021 for $70,000. The current assessed value is listed at $74,400. This indicates a growth in assessed value over that period, but the final market price is always determined by current conditions and buyer demand.
Q: What do the percentile rankings (e.g., "Top 14%") actually mean?
A: These rankings compare this specific property against others in the stated area (street, neighbourhood, or city) for a given feature. For example, ranking in the "Top 14%" for living area on its street means 86% of homes on Eagleview Road are smaller. It's a quick way to gauge how this home measures up locally.
Q: The lot is over 5,900 sqft. Is that typical for the area?
A: With a land area ranking "better than 67%" on its own street, this lot is above the street's median size. It suggests a more spacious yard than many of its immediate neighbours, which is a notable advantage in newer communities.
Q: Bridgwater Lakes is a newer community. Are there any concerns with a 2016 build?
A: A 2016 home is past the initial "shakedown" period where major construction flaws typically surface, yet it remains modern in its layout and systems. It likely benefits from updated building codes and energy efficiency standards while still having transferable warranties on some major components.
Q: The home has a renovated basement. What should I verify about this renovation?
A: It's important to confirm whether the renovation was permitted and inspected by the city to ensure all work meets building code standards. This will be crucial for insurance and future resale. Your real estate agent can help investigate the scope and quality of the renovation.