Property Overview: 325 Eagleview Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2013, presents a practical opportunity in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in its balance of a relatively modern build year and a manageable scale. With 1,699 sqft of living space on a 4,795 sqft lot, it offers comfortable family living without being oversized. The home features a detached garage and an unfinished basement, providing a blank canvas for future expansion or storage.
The property’s standout characteristic is its comparative newness within the broader Winnipeg context—it is newer than 90% of homes in the city. This suggests modern construction standards and potentially lower immediate maintenance costs. However, the data indicates it sits on the more modest end within its own immediate street and neighbourhood in terms of lot size, living area, and assessed value. This creates a specific niche: it’s a well-situated, contemporary home that may be more accessible than larger, higher-valued properties in the same area. It would suit first-time buyers, young families, or downsizers seeking a modern home in a sought-after community without a premium price tag, and who are comfortable with a property that offers potential to personalize and increase value over time.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows this property’s lot and living space are more compact compared to many on Eagleview Road. This often translates to a more affordable entry point into the street and neighbourhood while still providing the benefits of the location.
2. What does the "unfinished basement" mean for me?
It means the basement is a blank space with essential structural and utility elements in place, but without finished walls, floors, or ceilings. This is a significant opportunity to add customized living space, a rental suite, or storage, but requires planning and investment.
3. The assessed value seems low for the area. Is that a concern?
The assessed value is for municipal tax purposes and is not a market valuation. Its position relative to neighbours can be influenced by many factors, including the unfinished basement and the home’s specific attributes. A professional market appraisal is essential to determine its current fair market value.
4. The home was last sold in June 2021. What should I consider?
Given the market changes since mid-2021, the previous sale price is a historical data point, not a direct indicator of current value. It’s important to review recent sales of comparable homes from the last 3-6 months for a relevant market picture.
5. Who would this property NOT be ideal for?
Buyers seeking a large lot, a fully turn-key home with a finished basement, or a property at the top end of the neighbourhood’s value spectrum may find this home too modest. It is best suited for those who see potential in a solid, modern structure they can adapt to their needs.