Property Summary
Key Characteristics & Appeal
This is a 2016-built, single-storey home in the Bridgwater Lakes neighbourhood, sitting on a generous 4,773 sqft lot. Its primary appeal lies in its modern age and above-average lot size for the area, ranking in the top 19% on its street. The home is newer than 93% of properties in Winnipeg, offering move-in readiness without the concerns of an aging structure. Key features include a detached garage and an unfinished basement, presenting a blank canvas for future expansion.
The property suits first-time buyers or downsizers looking for a low-maintenance, single-level layout in a relatively new community. Its strong lot size ranking also appeals to those who value outdoor space for gardening, play, or future additions. A thoughtful perspective is that the currently unrenovated basement and smaller living area (1,280 sqft) keep the initial price point accessible, allowing buyers to customize and add value over time according to their own needs and budget.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The "Top 19%" ranking for land area means this property's lot is larger than 81% of other lots on Appleford Gate. In practical terms, you're getting more outdoor space than most of your immediate neighbours.
2. The assessed value seems low compared to the "Sold" price from 2016. Why?
The $47.4k figure is the municipal property assessment for taxation purposes, not the current market value. Market value is determined by recent sales of comparable homes. The 2016 sale price of $333k is a historical data point.
3. Who would this home not be ideal for?
Given its smaller living area and single-storey design, it may feel cramped for growing families needing multiple bedrooms and dedicated spaces. It's better suited for individuals, couples, or those with older children.
4. The living area ranks lower than most. Is the house small?
At 1,280 sqft, the above-ground living space is compact compared to many homes in Bridgwater Lakes. However, this is offset by the large lot and the potential to finish the basement, which could significantly increase usable square footage.
5. What are the pros and cons of an unfinished basement?
The con is the immediate cost and effort to finish it. The significant pro is that it allows you to create exactly the space you want (e.g., a rental suite, home theatre, gym) without paying to undo someone else's renovations, and you can tackle the project on your own timeline.