Property Overview
This two-storey home on a generous 6,317 sqft lot in Bridgwater Lakes presents a modern, low-maintenance living opportunity. Built in 2018, it offers the appeal of a relatively new construction without the initial settling-in period, as any minor issues typical of a new build have likely been addressed. Its key feature is a renovated basement, adding immediate liveable space and value. The home ranks highly for its newness and value compared to much of Winnipeg, placing it in the top tiers city-wide. Its appeal lies in this balance of modern amenities, a finished basement, and a sizeable lot in a planned community. It would suit young families looking for move-in readiness, professionals wanting a modern home without the wait of a build, or downsizers seeking single-level potential (main floor living) with extra space for guests or hobbies in the renovated lower level.
A thoughtful perspective is that while the living area is average for the immediate street, the property’s strength is its broader value proposition—the lot size, recent build year, and finished spaces offer a package that outperforms its footprint. It’s a home for buyers who prioritize exterior space and modern systems over sheer square footage.
Frequently Asked Questions
Q: How does the lot size compare to the neighbourhood?
A: At over 6,300 sqft, the lot is larger than 73% of those on the same street, offering more private outdoor space than many newer homes in the area.
Q: What does the "renovated basement" entail?
A: The listing confirms the basement is finished, but specifics on layout, materials, or permits should be verified with the seller or during a viewing.
Q: The last sale was in 2022 for $640k. How is the assessed value so different?
A: Municipal assessed value for tax purposes is not a market valuation. It’s a formula-based figure and typically lags behind current market prices, as seen here.
Q: Is the living space smaller than similar homes?
A: At 1,941 sqft, it’s in the top 70% on its street, meaning about 30% of homes are larger. It offers average space for the immediate area but compensates with a larger lot and newer construction.
Q: What is the significance of the high city-wide rankings?
A: Rankings above 90% for year built and past sale price in Winnipeg indicate this is a newer and historically higher-value property compared to the vast majority of homes across the city, not just the neighbourhood.