Property Summary: 35 Clear Spring Road, Bridgwater Lakes, Winnipeg
Section 1: Overview & Appeal
This well-maintained, single-storey home in the popular Bridgwater Lakes neighbourhood offers a practical and comfortable living space. Built in 2014, its key characteristics include a renovated basement, an attached garage, and a generous 6,374 sqft lot, which is notably larger than many in the immediate area. With 1,698 sqft of living space, the home is sized for efficient daily living.
The primary appeal lies in its established location within a modern community, combined with strong long-term value indicators. The property ranks in the top quarter of Winnipeg for its assessed value and is newer than 91% of homes in the city, suggesting a favourable position for municipal taxes and modern construction standards. The renovated basement adds immediate functional space without the need for a project.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in a newer suburb. It’s also a sensible fit for value-oriented buyers who appreciate a larger lot in a neighbourhood where that is becoming less common, and for those who prioritize a home that is both move-in ready and has clear, above-average financial fundamentals for its age and area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The 6,374 sqft lot is a standout feature, ranking larger than 70% of lots in Bridgwater Lakes. This offers more private outdoor space than many newer homes in the area.
2. What does the assessed value ranking mean?
The home’s assessed value is higher than 96% of properties in Winnipeg, placing it in the top 4%. This often correlates with a lower municipal tax rate relative to the home’s market value.
3. Is the living area smaller than nearby homes?
At 1,698 sqft, the living area is more compact than some direct comparisons on the street. This typically translates to lower utility costs and less maintenance, aligning with efficient, modern living.
4. The home sold in 2019. What does that history suggest?
The 2019 sale price provides a relevant benchmark for market growth over a five-year period, offering a concrete data point for assessing the area’s stability and appreciation.
5. What is the significance of the "newer than 91% of Winnipeg" ranking?
This indicates the home benefits from modern building codes, materials, and energy efficiency standards, which can reduce the likelihood of major near-term repairs and lower ongoing maintenance costs compared to much of the city's housing stock.