Property Overview
This two-storey home at 29 Baygrove Point in Winnipeg's Bridgwater Lakes neighbourhood presents a compelling opportunity for a specific buyer. Built in 2018, it offers modern construction on a generous 9,017 sqft lot, which is notably larger than most in the immediate area. The home’s key appeal lies in its balance of a relatively recent build, significant land size, and a location that ranks highly within the broader city context. The attached garage and existing (though unrenovated) basement provide a solid foundation.
The property would suit a buyer looking for a modern home in a sought-after suburban community, with the space and canvas to personalize over time. Its appeal is particularly strong for those who value outdoor space, as the lot size is a standout feature, offering potential for landscaping, gardening, or expansion. It’s an ideal fit for a growing family or a professional couple seeking a home in a top-tier Winnipeg neighbourhood, who are comfortable with the fact that the interior finishes and basement may reflect the original 2018 build and are ready for their own updates.
Frequently Asked Questions
1. How does this home compare to others on the street?
While the home ranks in the middle of the street for its newer build year, it stands out for its lot size, which is better than 55% of its immediate neighbours. The recent sale price also suggests it was valued higher than many nearby properties at the time of sale.
2. What does the ranking data actually mean for a buyer?
The data indicates this property performs very well within the broader Bridgwater Lakes neighbourhood and the city of Winnipeg, especially for lot size and assessed value. This suggests a strong long-term investment in a desirable area, even if some interior metrics are more average for its specific street.
3. The basement is noted as "not renovated." What should we expect?
This typically means the basement is unfinished or finished to a basic, builder-grade standard. It presents a blank slate for future development—adding significant liveable space, a recreational room, or home office—but requires planning and investment.
4. The home sold recently in September 2024. Why is it back on the market?
While the specific reason isn't listed, a quick resale can sometimes relate to a change in the previous owner's circumstances (e.g., job relocation, change in family needs) rather than an issue with the property itself. A thorough inspection and title review are always recommended.
5. Is the sold price of $777,500 a good indicator of its current value?
As a very recent sale, it is a strong and primary indicator of the home's market value. It shows what a buyer was willing to pay in the current market, providing a concrete benchmark that is often more reliable than assessed value alone for determining listing or offer prices.