Property Overview & Key Characteristics
This 2013-built, one-storey home in Bridgwater Lakes sits on a generous 4,770 sqft lot. Its key feature is a renovated basement, adding valuable finished living space to the 1,318 sqft main floor. The home has a detached garage and no pool.
The primary appeal lies in its modern age within a sought-after neighbourhood, combined with the instant usability and added square footage provided by the finished basement. The lot size is notably larger than many in the immediate area, offering good outdoor potential.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a newer community, where the renovation work is already complete. It's also a practical option for an investor seeking a relatively modern rental property in a stable area. A thoughtful perspective: while the living area ranks below average for the street, the renovated basement and larger lot present an opportunity to add value relative to neighbouring homes, potentially offering more "house" than the main square footage suggests.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The property was last sold in December 2020 for $399,000. The current assessed value is $493,000, which may reflect market changes and the renovated basement.
2. Is the living space smaller than other homes nearby?
Yes, the main living area of 1,318 sqft is below the average for both the street and the wider Bridgwater Lakes neighbourhood. However, the renovated basement provides additional finished space.
3. What are the rankings shown in the details?
The rankings compare this property against others on the same street, in the neighbourhood, and across Winnipeg. For example, its lot size ranks highly, while its living area ranks lower. This helps contextualize its specific strengths and trade-offs.
4. The home is newer, but how does its age compare?
Built in 2013, it is newer than 90% of homes in Winnipeg. On its street and in Bridgwater Lakes, it is newer than many, but not among the very newest, as construction in the area continued after 2013.
5. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg known for its lakes, pathways, and newer homes. The property's location offers the amenities and aesthetic of a contemporary subdivision.