Property Overview: 474 North Town Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2013, sits on a generous 5,655 sqft lot in the modern Bridgwater Lakes community. Its key features include a renovated basement and an attached garage. The appeal lies in its established yet relatively new construction, offering a balance between a settled-in neighbourhood and a home that avoids the concerns of much older properties.
The data reveals a property of contrasts. While its lot size and living area (2,382 sqft) rank very well against most of Winnipeg, they are more typical within its own desirable street and neighbourhood. This suggests you’re buying into a consistent, above-average area rather than a standout outlier. The home’s age is a significant asset, being newer than 90% of Winnipeg homes and 91% of those on its street, which can translate to modern building standards and deferred major maintenance.
It would suit practical buyers looking for a turn-key family home in a planned community. It’s ideal for those who value space and a modern foundation, and who appreciate a renovated basement for immediate extra living area. The strong city-wide rankings for size and value indicate a solid, long-term investment in a sought-after part of the city.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its newer age (top 9% on the street) and has above-average living space (top 36%). The lot size is more middle-of-the-road for the area (top 58%), meaning the yard is ample but not necessarily the largest on the block.
2. What does the assessed value indicate?
The current assessed value of $65,600k ranks in the top 5% for Winnipeg, confirming the property is in a premium segment. However, within Bridgwater Lakes, it sits in the top 41%, indicating it is a strong, but not the absolute highest-tier, property in its own neighbourhood.
3. The last sale was in 2017. Is that a concern?
Not inherently. The 2017 sale price was $56,900k. The steady ownership suggests a well-maintained home, and the period since allows for any major initial issues to have been addressed. It simply means there’s less frequent sales data for direct comparison.
4. Who would this property not suit?
Buyers seeking a brand-new build or the absolute largest home on the block may want to look at newer subsections. Those wanting a pool or extensive, mature landscaping should note their absence.
5. What is the immediate neighbourhood like?
The listing references nearby properties on North Town Road and Rose Garden Crescent, all within Bridgwater Lakes. This indicates a dense, cohesive community of similar-style homes, typical of a modern development, offering neighbourhood consistency.