Property Overview
This two-storey home in Bridgwater Lakes, built in 2017, presents a well-maintained, modern living space on a generous 5,035 sqft lot. Its key appeal lies in its balance of relative newness and established community. With 1,856 sqft of living area and an attached garage, it offers a practical layout for family life. The unrenovated basement presents a clean slate for future customization.
The home suits first-time buyers or young families looking for a move-in ready property in a newer suburb without the premium of a brand-new build. Its above-average rankings for lot size and building age within the street and wider city suggest a solid, competitive position in its category. The thoughtful perspective here is that the property offers a chance to enter a desirable neighbourhood where the landscaping and community amenities have had nearly a decade to mature, unlike the raw lots in the newest subdivisions.
Frequently Asked Questions
1. What is the significance of the provided rankings (e.g., "Top 37%")?
These percentile rankings compare this specific property metric (like living area or year built) against all other properties on its street, in Bridgwater Lakes, and across Winnipeg. Being in a higher percentile means it scores better than that percentage of comparable properties. For example, its building age is newer than 94% of Winnipeg homes.
2. The basement is noted as "not renovated." What does that typically mean?
It likely means the basement is unfinished or developed to a basic, functional standard (e.g., concrete floors, exposed insulation). This is common for homes of this age in the area and can be seen as an opportunity to add value and customize the space to suit your needs, rather than paying a premium for someone else's finished layout.
3. How does the 2020 sale price relate to the current assessed value?
The property sold for $48.4k in August 2020. The current assessed value is $58.6k. This increase reflects market movement and the property's maturation over four years. It's important to note that assessed value is for municipal tax purposes; market value is determined by current buyer demand.
4. What can the "nearby" and "similar assessed value" properties tell me?
These lists provide immediate context. The nearby properties show the consistent style and density of the immediate street. The list of homes with a similar assessed value across Winnipeg indicates what price point this home competes at, revealing alternative neighbourhoods and property types you might consider at this budget.
5. Is the lot size of 5,035 sqft typical for Bridgwater Lakes?
The lot is larger than 56% of lots on the same street and 46% of lots in Winnipeg, indicating it is above average. In this newer neighbourhood, lot sizes can vary, and this one offers more outdoor space than many of its direct neighbours, which is a notable advantage for gardening, play, or privacy.