Property Overview
This two-storey home in Bridgwater Lakes offers a well-maintained, move-in-ready space built in 2012. Its primary appeal lies in its generous proportions and established location. The house sits on a large lot (over 6,100 sq ft), providing ample outdoor space that is increasingly rare in newer subdivisions. With a living area of 2,352 sq ft and an attached garage, it suits growing families or professionals seeking room without the burden of an immediate major renovation. The unrenovated basement presents a clean slate for future customization.
The property’s standout characteristic is its strong positional value within its broader context. While the home itself is older than many in its immediate street and neighbourhood, it ranks highly for lot size, living space, and assessed value compared to most of Winnipeg. This suggests you are acquiring a property with above-average physical assets in a desirable, mature pocket of a popular community. It would particularly suit a buyer who values a larger yard and established landscaping over a brand-new build, and who sees potential in personalizing the basement over time.
Frequently Asked Questions
1. How does the age of this home (built 2012) compare to the area?
While well-maintained, this home is older than approximately 90% of the houses on its own street and 88% in Bridgwater Lakes. This is typical for an early build in a community that has seen ongoing development. The trade-off is a larger, more established lot compared to newer homes nearby.
2. The assessed value seems low. Why is that?
Manitoba’s property assessments are not market valuations; they are used for calculating municipal taxes. The assessed value here is in the top 4% for all of Winnipeg, indicating it is considered a high-value property by the city. The sale price will be determined by the current market.
3. What does the "unrenovated basement" mean?
It indicates the basement is finished but has not been updated since the home was built. It is likely functional and clean, but may feature builder-grade materials and design from 2012. Buyers should view this as neutral space ready for their personal style, not as a deficiency.
4. The home sold in 2020. What can that price tell me?
The 2020 sale price provides historical context, but the market has shifted significantly since then. It is most useful for understanding the property’s price trajectory, not for predicting its current value. The fact it ranks highly against more recent sales city-wide suggests it has held its value well.
5. Who are the typical neighbours?
Bridgwater Lakes is a family-oriented community. Given the home’s size and the stage of the neighbourhood, you can expect a mix of original owners who purchased early in the community's development and newer families who have moved into resale homes. The area is known for its parks, pathways, and lakes.