Property Overview: 47 Rose Garden Crescent, Bridgwater Lakes
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 2016, sits on a notably large lot within the established Bridgwater Lakes neighbourhood. Its key characteristics include a renovated basement, attached garage, and a generous living area of over 2,300 sqft. The appeal lies in a combination of space, modern age, and a proven location. The lot size is a significant asset, ranking in the top 10% on its street, offering more outdoor room than most comparable properties. With recent updates below grade and a sale history showing steady value appreciation, it presents as a move-in ready home in a desirable suburban community.
The home’s statistical rankings provide a less obvious perspective on its standing. It consistently performs in the top tier city-wide for living area and value, yet sits in a more moderate position within its immediate neighbourhood. This suggests a solid, above-average property that may offer relative value compared to the highest-priced homes in Bridgwater Lakes, while still benefiting from the area's overall prestige.
This property would suit growing families or professionals seeking a modern home with ample indoor and outdoor space, without the wait and uncertainty of new construction. It’s also a sensible fit for buyers who value data-driven insights, as the home’s strong rankings for lot size and city-wide comparisons provide concrete indicators of its long-term equity potential.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area of 10,463 sqft is a standout feature, ranking better than 90% of lots on the same street and placing it in the top 10% locally.
2. What does the sale history indicate?
The home sold in February 2024 for $67.5k. Previous sales were $55.2k in 2020 and the original purchase when new. This history demonstrates consistent value growth over its lifespan.
3. Is the neighbourhood established or still developing?
Bridgwater Lakes is an established area, with this home built eight years ago. The nearby reference property at 38 Springwater Road was built in 2018, indicating the surrounding community is now largely complete.
4. How does its assessed value compare?
The assessed value of $68.40k ranks highly city-wide (top 4%) and is closely aligned with its recent sale price, suggesting the assessment is current and market-reflective.
5. What is the home’s relative standing in the broader market?
While strong city-wide, its rankings within the Bridgwater Lakes neighbourhood are more moderate for metrics like year built and living area. This indicates it is a well-positioned, above-average home within a highly desirable community, potentially offering a balance of location and value.