Property Overview
This two-storey home in Bridgwater Lakes, built in 2019, presents a modern, low-maintenance living option on a generous lot. Its key appeal lies in its balance of being a relatively new build—sparing immediate major repair costs—within an established, family-oriented neighbourhood. With an attached garage and an unfinished basement, it offers both convenience and potential for future customization to suit an owner's needs.
The home is well-suited for first-time buyers or young families seeking a move-in ready property without the uncertainties of an older home. Its above-average living space for Winnipeg provides room to grow. A thoughtful perspective is its position within the neighbourhood rankings; while it scores highly for its newness city-wide, its value and size are more middle-of-the-pack locally. This suggests it’s a solid, contemporary home in a desirable area, but not the largest or most premium offering on its street, which may appeal to buyers looking for community amenities over sheer size.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "Top 5%" in Winnipeg for year built confirms it's a very modern home city-wide. However, being "Top 75%" for living area on its own street means it's on the smaller side compared to its immediate neighbours.
2. Is the basement usable in its current state?
The basement is noted as "not renovated," meaning it is unfinished. It provides valuable storage and mechanical space and represents significant potential for future expansion (like a rec room or extra bedroom), but would require investment to complete.
3. How does the 2019 sale price compare to today's value?
The home sold for $48,000 in April 2019, likely during its initial construction or first occupancy. The current assessed value is $63,500. This increase aligns with typical market trends and the home's transition from new build to established property.
4. Who would this property not suit as well?
Buyers seeking a fully turnkey home with a finished basement for immediate use, or those prioritizing a top-tier lot size or interior square footage within the Bridgwater Lakes area specifically, might find other properties more aligned with those priorities.
5. What is the context of the "For reference" property at 38 Springwater Road?
This nearby property, built in 2018 with more living area and a higher assessed value, is provided as a benchmark. It helps illustrate the range of home sizes and values within Bridgwater Lakes, showing that this listing sits at a more accessible point in the neighbourhood's spectrum.