Property Overview
This 2019 two-storey home in Bridgwater Lakes offers modern living with a practical layout. Its key appeal lies in being a relatively new build (just 7 years old) within a well-established, popular suburban community. The home sits on a generous 5,901 sqft lot and features 2,409 sqft of living space, an attached garage, and an unfinished basement offering potential for future customization.
The property suits first-time buyers or young families looking for a move-in ready home without the concerns of an older structure. It also appeals to value-conscious buyers who appreciate a home that ranks newer than 95% of the neighbourhood and has above-average living space for the area. A less obvious angle is its potential for buyers interested in energy efficiency and lower maintenance costs typical of a contemporary build, allowing them to invest in personalization over urgent repairs.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Lakes is a planned community in Winnipeg known for its parks, pathways, and family-friendly atmosphere. The property ranks better than half the homes in the neighbourhood for lot size, indicating a good position within the area.
2. Is the basement finished?
No, the basement is unfinished. This presents a blank canvas for future expansion, such as adding a recreation room, home office, or additional bedroom, but would require an investment to complete.
3. How does the value compare to nearby homes?
The home's assessed value is higher than 72% of properties in Bridgwater Lakes, suggesting it is valued above the neighbourhood average. This may reflect its newer construction and larger living area compared to many existing homes.
4. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value of $69,600 and the City of Winnipeg's mill rate. You can estimate taxes by multiplying the assessed value by the current residential mill rate.
5. Has the property value increased since it was last sold?
Yes. It sold for $54,900 in September 2019 and now has an assessed value of $69,600. This represents a notable increase, though market conditions and specific upgrades since purchase would influence the actual current market value.