Property Overview: 41 Baygrove Point, Bridgwater Lakes
Key Characteristics & Appeal
This modern two-storey home, built in 2019, offers a turnkey lifestyle in Winnipeg’s sought-after Bridgwater Lakes community. Its primary appeal lies in a combination of contemporary living, above-average space, and a premium lot. Key features include a renovated basement, an attached garage, a private pool, and a generous 7,005 sqft land area. The home’s living space of 2,478 sqft ranks highly within the city, offering ample room for family life and entertaining.
The property’s value is underscored by its strong market positioning. It ranks in the top tier of Winnipeg homes for assessed value, living area, and year built, indicating a well-maintained and desirable asset in a newer neighbourhood. The data suggests it sits on a better-than-average lot for its street, enhancing privacy and outdoor potential.
This home is ideally suited for growing families or professionals seeking a modern, low-maintenance property in a master-planned community. It would also appeal to value-conscious buyers who prioritize statistical advantages—like newer construction and high percentile rankings for size and assessment—which often correlate with long-term equity stability. The inclusion of a pool and finished basement caters to those valuing immediate lifestyle amenities over a project.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The current assessed value is $82.50k, which is notably higher than the last recorded sale price of $66.80k in January 2019. This typically indicates strong market appreciation, but it’s essential to have a current market evaluation to understand today’s fair market value.
2. Is the lot size typical for the area?
At 7,005 sqft, the lot is larger than 73% of properties on the same street, offering more outdoor space than many neighbouring homes. This is a distinct advantage in newer communities where lot sizes can vary.
3. What do the ranking percentiles mean?
The rankings (e.g., “Top 17% in Winnipeg”) show how this property compares to others in specific categories. For example, being newer than 96% of Winnipeg homes highlights its modern construction, while living area in the top 3% citywide confirms its above-average size.
4. The home has a pool. What should I consider?
While a private pool is a significant luxury amenity, prospective buyers should factor in maintenance costs, insurance implications, and the seasonal usability in Winnipeg’s climate to ensure it aligns with their lifestyle and budget.
5. How does this property fit within Bridgwater Lakes?
The data shows it ranks better than most neighbourhood homes for year built, living area, and assessed value. This suggests it is one of the more contemporary and substantial properties within Bridgwater Lakes, likely positioned in a higher-value segment of the community.