Property Overview & Key Characteristics
This 2021-built, two-storey home in Bridgwater Lakes offers modern living with a strong foundation for future personalization. Its key appeal lies in the combination of a newer build, which minimizes immediate major repairs, and a generous, unrenovated basement that presents a clean slate for expansion or customization. With over 2,700 sqft of living space on a large 6,372 sqft lot, it ranks highly for size and newness within its street, neighbourhood, and across Winnipeg.
The property is particularly well-suited for two types of buyers: growing families seeking move-in-ready space in a sought-after community, and value-driven purchasers who view the unfinished basement not as a drawback, but as a strategic opportunity to increase the home's value and tailor it to their specific needs without paying a premium for someone else's renovations.
Frequently Asked Questions
1. What does the "rank" data actually mean for a buyer?
The percentile rankings show how this property compares to others in key metrics. For example, being newer than 98% of homes on its street and larger than 92% of them confirms it's a top-tier property in its immediate area, which can be a positive factor for both livability and long-term value.
2. The basement is listed as "not renovated." What condition is it in?
The basement is unfinished. This means it has been built to code with foundational elements (like walls, floor, and ceiling) in place, but awaits drywall, flooring, and design to become livable space. It's a blank canvas for future development.
3. How does the assessed value relate to the likely selling price?
The municipal assessed value ($82.80k) is for taxation purposes and is typically much lower than market value. The last sold price in 2021 was $85.70k. The current market price will be determined by recent sales of comparable homes, current demand, and is listed separately on the main listing details.
4. Is the lot size a significant feature?
Yes. At over 6,300 sqft, the lot is substantially larger than many in newer subdivisions. This provides ample private outdoor space, potential for landscaping, gardening, or recreation, and often feels less cramped than homes on smaller lots.
5. What is the significance of the home being built in 2021?
A five-year-old home is past the initial "shakedown" period where minor new-construction issues often surface, yet it remains modern with contemporary building standards, layouts, and efficiency. Major components like the roof, HVAC, and appliances are still relatively new and likely under original warranty coverage.