Property Overview: 42 Appleford Gate, Bridgwater Lakes
Key Characteristics & Appeal
This 2017-built, single-storey home sits on a large, nearly 6,000 sqft lot in the sought-after Bridgwater Lakes neighbourhood. Its key appeal lies in a combination of modern age, above-average lot size, and a renovated basement. The property ranks highly for its newer construction (top 6% in Winnipeg) and generous land area within its immediate street and the wider city. While the living space is more modest, the renovated basement adds functional space. The detached garage and the home's strong assessed value growth—from $412k in 2019 to $527k currently—highlight its solid foundation in a desirable community.
This home would suit a buyer looking for a modern, low-maintenance property in a prime suburban area, where the land value and neighbourhood prestige are significant assets. It’s ideal for small families, professionals, or downsizers who prioritize a newer build, outdoor space, and the potential of a move-in-ready basement suite or recreational area, over a larger main-floor footprint.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,984 sqft, the lot is larger than 93% of properties on Appleford Gate and places in the top 7% on the street, offering more private outdoor space than most of its direct neighbours.
2. The living area seems smaller; how does the basement factor in?
The main living area is 1,317 sqft, but the home includes a renovated basement. This adds significant functional space, which can offset the main floor size for many buyers, providing room for entertainment, a home office, or additional bedrooms.
3. What does the assessed value history indicate?
The assessed value has risen from $412,000 in 2019 to $527,000, reflecting strong appreciation. It now sits higher than 86% of Winnipeg properties, suggesting the market recognizes its desirable location and characteristics.
4. Is the neighbourhood established?
Bridgwater Lakes is a modern community, with this 2017 home being newer than 94% of Winnipeg properties. The area is well-developed with newer amenities, appealing to those seeking a contemporary suburban lifestyle.
5. Who might this property not suit?
Buyers requiring extensive main-floor living space or multiple bedrooms on one level may find the layout limiting. It’s best suited for those who utilize the basement effectively or prefer a more compact, efficient main floor plan.