Property Overview: 251 Brookfield Crescent, Bridgwater Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 2014, sits on a generous 4,251 sqft lot in the modern Bridgwater Lakes community. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its balance of space, contemporary age, and established neighbourhood setting. While its living area (1,623 sqft) is modest relative to the lot size, it offers a solid foundation in a sought-after area.
The property’s value proposition is nuanced. Its assessed value ranks highly city-wide (top 12%), suggesting strong official valuation, yet its past sale prices have been competitive within its immediate street. This indicates a home that is well-regarded in the broader market but may present an opportunity for buyers focused on this specific crescent. The renovated basement adds immediate functional living space without the need for a project.
This home would suit a young family or professional couple looking for a move-in-ready property in a newer suburb. It’s ideal for buyers who prioritize a large yard and a modern community over having the largest interior on the block. The data suggests it’s a practical choice for someone seeking a stable investment in a growing area, rather than a standout trophy home on its street.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It has a larger-than-average lot size for the street but a living area that is slightly below the street's median. Its assessed value is in the top half for the crescent, and it is newer than most homes on the block.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the listing agent regarding the finish quality, permits, and the nature of the renovations (e.g., legal suite, recreational room, etc.).
3. Has the property's value increased since 2021?
The assessed value has risen from its 2021 sale price of $50.50k to $54.80k. This indicates growth according to municipal assessment, though market conditions will ultimately determine the final sale price.
4. Is the lot size a major advantage?
Yes. The lot is significantly larger than many in Winnipeg (top 30% city-wide) and on the street itself. This offers ample outdoor space, potential for landscaping, gardens, or expansion, which is a lasting asset even if the house's interior is standard for the area.
5. How does Bridgwater Lakes rank as a neighbourhood?
The data shows this specific property ranks in the top 96% for lot size within Bridgwater Lakes, meaning lots are typically smaller here. This highlights that 251 Brookfield Crescent offers one of the more spacious yards in this particular community.