Property Overview
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2014, it sits on a generous lot and features a renovated basement and an attached garage. The home’s key appeal lies in its combination of above-average space, contemporary build, and established neighbourhood setting. With over 2,600 square feet of living area, it provides ample room for a growing family or those who enjoy hosting. The renovated basement adds immediate functional space without the need for a project.
The property’s metrics suggest a solid, well-positioned home. It ranks highly for its newer age and above-average size both on its street and citywide. While the assessed value has risen significantly since its 2019 sale, it remains competitive within its immediate area. This isn't the newest build on the block, but it offers the benefit of settled landscaping and a proven location without the premium of a brand-new construction.
This home would suit a young family or professional couple looking for a move-in-ready property in a modern suburb. It’s ideal for buyers who prioritize space and a modern floor plan but don’t want to manage the initial landscaping and finishing touches of a brand-new build. It also appeals to those who value a renovated basement as a ready-to-use entertainment space, home office, or guest suite.
Frequently Asked Questions
1. How does the 2019 sale price compare to today’s value?
The home sold for $56,600 in 2019 and now has an assessed value of $67,900. This increase reflects market trends and the added value of the basement renovation. It’s important to note that assessed value is for taxation purposes; a professional appraisal or market evaluation would determine its current sale value.
2. Is the lot size typical for Bridgwater Lakes?
At just over 5,400 square feet, the lot is larger than 45% of properties on its street. While not the largest, it offers good outdoor space for a newer community where lots can be more compact.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to understand the full scope, including ceiling height, permits, and the quality of materials used.
4. How does this home compare to newer builds nearby?
Compared to a similar nearby reference home built in 2018, this 2014 home has slightly less living area and a lower assessed value, which may translate to a more accessible price point for a very similar lifestyle and location, just with a few more years of age.
5. Are the ranking statistics reliable for decision-making?
The rankings provide helpful context, showing this home is newer and larger than most in Winnipeg. However, they are broad metrics. They should be used as a starting point, complemented by a physical viewing to assess condition, floor plan flow, and personal fit for your needs.