Property Summary: 43 Rose Garden Crescent, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Lakes community offers a compelling blend of space, modern updates, and established neighbourhood charm. Built in 2013, it sits on a generous 6,040 sqft lot, providing ample outdoor space—a notable feature in newer communities. The 2,494 sqft living area is spacious, ranking in the top tier for size both on its street and across Winnipeg. A key feature is the renovated basement, adding valuable finished living space. The home’s strong appeal lies in its balance: it’s not the newest build on the block, but it benefits from established landscaping and a proven neighbourhood, all while having a modern, updated interior. The recent sale in May 2024 at $73,000 above the assessed value suggests a market-recognized premium, likely for its condition and upgrades.
This property would suit a growing family or professional couple looking for a move-in ready home in a sought-after, family-oriented suburb. It’s ideal for buyers who want more than a basic lot size and appreciate a home that has seen thoughtful improvements. The data indicates it offers a "best of both worlds" scenario: a newer home that’s past the initial settling phase, in a community that has matured nicely since its development.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home ranks very well for its living space and lot size within the immediate neighbourhood. It’s on a larger-than-average lot for the street and has more square footage than most comparable homes. While it’s not the newest build in the wider area (ranking in the top 67% for year built), it compensates with its established setting and renovations.
2. What does the difference between the assessed value and recent sale price indicate?
The sale price of $73,000 above the assessed value typically reflects market forces and property-specific features not fully captured in the assessment. This often includes the quality of the basement renovation, interior finishes, landscaping, and current market demand. It suggests buyers were willing to pay a premium for this specific home’s condition and appeal.
3. Is the neighbourhood considered established?
Yes, Bridgwater Lakes is a developed community. With this home built in 2013 and many nearby properties of a similar age, the area has mature trees and settled infrastructure. It’s past the initial construction phase, offering a more cohesive and established feel compared to brand-new subdivisions.
4. What is the significance of the lot size?
At over 6,000 sqft, the lot is a standout feature. It provides significant private outdoor space for gardening, play, or entertainment—more than what is typically available in many newer suburban lots. This space is a permanent asset that cannot be added later.
5. Who might this home not suit?
It may not be the best fit for buyers seeking a brand-new, never-lived-in build, as it is over a decade old. Additionally, those looking for a budget-conscious "fixer-upper" or a project home might find the recent renovation and sale premium positions it as more of a turn-key property.