Property Overview: 246 Bellflower Road, Bridgwater Lakes
Key Features & Ideal Buyer
This two-storey home in the sought-after Bridgwater Lakes neighbourhood presents a compelling opportunity. Built in 2013, it offers modern construction on a notably large, 13,215 sqft lot—a rarity that places it in the top 1% of its street. With 2,338 sqft of living space, an attached garage, and an unrenovated basement, the home provides solid fundamentals with room for personalization.
Its primary appeal lies in its exceptional land value and established desirability within a newer community. The property ranks highly for lot size, living area, and assessed value not just locally, but across all of Winnipeg (consistently in the top 5-10%). This suggests a premium, stable asset in a mature phase of the subdivision's development. It would suit a buyer looking for a long-term family home with ample outdoor space, or a strategic purchaser who values land above all and sees potential in the existing footprint. The unrenovated basement is a blank canvas, appealing to those who want to customize without first undoing someone else's work.
Frequently Asked Questions
1. How does the 2019 sale price compare to the current assessment?
The home sold for $52.30k in May 2019, while the current assessed value is $63.20k. This increase reflects broader market trends and the property's high rankings for key metrics like lot size and living area.
2. What does "better than" rankings mean for a buyer?
These percentile rankings (e.g., "Better than 97% in Winnipeg") objectively show how this property compares to others. They indicate that its lot size, living space, and assessed value are genuinely elite city-wide, not just in its immediate area.
3. Is the large lot typical for Bridgwater Lakes?
No. With a lot size ranking in the top 1% on its street and top 4% in the neighbourhood, this property is on one of the larger parcels in the area, offering more privacy and yard space than most comparable homes.
4. The basement is noted as "not renovated." What should I expect?
This typically means the lower level is unfinished or in a basic, builder-grade state. It presents an opportunity to finish it to your own specifications and potentially add significant value.
5. How does the year built (2013) compare to the rest of the neighbourhood?
At 13 years old, it is newer than about 90% of homes in Winnipeg. However, within Bridgwater Lakes (a relatively new community), it is newer than only 33% of homes, meaning there are many newer builds around it. This positions it as an established home in a still-growing area.