Property Overview
This two-storey home on Brookfield Crescent in Bridgwater Lakes presents a compelling blend of modern comfort and strong community positioning. Built in 2015, it offers nearly 2,000 square feet of living space on a generous lot, featuring an attached garage and a renovated basement. Its appeal lies in its balance of being a relatively newer build within a well-regarded neighbourhood, offering move-in readiness with room to grow. The data suggests it stands out on its street, particularly for its newer age and above-average assessed value, indicating a well-maintained and desirable property in its immediate circle.
The home would suit young families or professionals seeking a modern, low-maintenance property in a planned community. It also appeals to value-conscious buyers who appreciate a home that ranks favorably against its neighbours in key metrics like lot size, building age, and official valuation, suggesting a sound long-term investment within the Winnipeg market.
Frequently Asked Questions
What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Bridgwater Lakes, and across all of Winnipeg for specific metrics. For example, being "better than 98% on the same street" for year built means it is one of the newest homes in the immediate area, which often correlates with modern building standards and less immediate upkeep.
The assessed value is listed at $61.30k. Is that the price?
No. In Manitoba, the assessed value is for municipal tax purposes and is typically much lower than the market value. The last sold price in 2017 was $477.80k, which is a more relevant historical benchmark, though the current market price will be determined by recent sales and conditions.
How does the renovated basement add value?
Beyond adding functional living space, a finished basement in a newer home like this maximizes the usable square footage from the outset. It suggests the major groundwork is already done, allowing buyers to customize rather than undertake a large, messy renovation project.
The home ranks in the "Top 85%" for size in the neighbourhood. Is that a concern?
This means 85% of homes in Bridgwater Lakes are larger. However, it also ranks in the "Top 22%" on its own street for living area, indicating it is one of the larger homes in its immediate vicinity. It offers a balance—ample space for many, without the premium price or upkeep of the very largest homes in the area.
What is the significance of the "For Reference" and "Worth Viewing" comparison properties?
These are likely provided by the listing platform to give context. The "For Reference" property on the same street has a lower assessed value and smaller living area, highlighting how this home may offer more. The "Worth Viewing" suggestion in a similar neighbourhood gives a sense of competitive alternatives, helping you gauge what your budget might afford elsewhere.