Property Overview: 39 Timbercrest Court, Bridgwater Lakes
Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Lakes neighbourhood offers a compelling blend of space, modernity, and established community living. Built in 2016, the property is notably newer than most homes in Winnipeg, ranking in the top 7% for its age citywide. Its primary appeal lies in its generous proportions: with 2,428 sqft of living space, it stands in the top 3% in Winnipeg for size and sits on a large 5,545 sqft lot. The home features an attached garage and a basement (unrenovated), providing ample room for storage or future customization.
The appeal is rooted in its "sweet spot" positioning—it's a relatively new build that has passed the initial settling phase, yet it remains modern with plenty of lifespan in its major systems. The data suggests a home that outperforms most of its immediate street and neighbourhood in key metrics like size and year built, offering a premium feel within its local context. It would particularly suit growing families or professionals seeking move-in-ready space in a master-planned community, as well as value-conscious buyers who appreciate a larger, newer property and see potential in the unfinished basement for future equity growth.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for $730,000 in April 2024, which is significantly higher than its $68,900 assessed value. It's important to understand that municipal assessed values in Manitoba are for tax purposes and often do not reflect current market value. The sale price is the true indicator of its recent worth.
2. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, ranking in the "Top 8%" for living area on its street means it's larger than 92% of its direct neighbours. This data helps highlight the home's relative strengths within different circles of comparison.
3. Is the neighbourhood well-established?
Yes. Bridgwater Lakes is a developed part of the larger Bridgwater master-planned community. With homes dating back to around 2015-2016, the area has mature landscaping and established community amenities, avoiding the "raw" feel of brand-new subdivisions.
4. What is the potential of the basement?
The listing notes the basement exists but is "not renovated." This presents a blank canvas for future finishing to add significant living space and value, but it also means any immediate needs for additional rooms or a rec space will require a planned investment.
5. How does the lot size impact the property?
At over 5,500 sqft, the lot is substantially larger than many in newer communities. This offers greater privacy, more yard space for recreation or gardening, and generally a more generous setback from the street compared to many contemporary builds.