Property Overview & Key Characteristics
This two-storey home on a spacious lot in Bridgwater Lakes offers a practical, modern foundation. Built in 2013, it presents a solid, low-maintenance structure with a detached garage and an unfinished basement—a blank canvas for future customization. The home’s primary appeal lies in its strong value proposition within a newer Winnipeg suburb. It ranks highly city-wide for its newer age and above-average living space, suggesting a well-built home in a desirable community stage. Recent sale history shows consistent value growth, with the last sale price well above both the current assessment and previous purchase prices, indicating strong market confidence in the area.
The property would suit first-time buyers or young families looking for a move-in-ready home in a modern neighbourhood without paying a premium for recent renovations or a finished basement. It’s equally suitable for a pragmatic buyer who views the unfinished basement not as a drawback, but as a valuable opportunity to add personalized equity and living space on their own terms and timeline.
Frequently Asked Questions
1. Is the unfinished basement a major disadvantage?
Not necessarily. For many buyers, an unfinished basement is a cost-saving feature, allowing them to customize the space to their exact needs and budget without needing to undo someone else’s work.
2. How does the property’s value compare to the neighbourhood?
The assessed value is in the top 21% of Bridgwater Lakes, but recent sale data is more telling. The November 2024 sale at $570k placed it in the top 31% of neighbourhood sales, suggesting it commands a price above the area's typical assessed values.
3. The lot is larger than many on the street. How significant is this?
The 4,252 sqft lot is larger than 69% of properties on Brookfield Crescent. This offers more private outdoor space and potential for landscaping, gardens, or additions—a lasting advantage in a newer subdivision.
4. What does the sale history tell us about the home’s market performance?
It shows robust appreciation. The home sold for $405k in 2017, $505k in 2021, and $570k in 2024. This trajectory indicates the property has consistently gained value at a healthy pace.
5. Who might this home not be suitable for?
It may not suit buyers seeking a fully turnkey property with immediate basement living space or those who prefer an attached garage, especially during Winnipeg winters. It’s best for those comfortable with some future projects.