Property Summary: 52 Clear Spring Road, Bridgwater Lakes
Key Characteristics & Appeal
This 2014-built, one-storey home in the popular Bridgwater Lakes neighbourhood offers a blend of space, modern updates, and established community living. Its key characteristic is a generous 11,661 sqft lot, placing it in the top 25% for size on its street and the top 6% within the neighbourhood, providing ample outdoor space rarely found in newer subdivisions. The 2,030 sqft living area is complemented by a renovated basement, adding functional space. With an attached garage and no pool, it presents as a practical, low-maintenance family home.
The appeal lies in its strong value positioning and "move-in ready" condition due to the basement renovation. The property stands out for its exceptionally high assessed value relative to Winnipeg, ranking in the top 0%, which signals strong official valuation and potential for stable equity. It suits buyers seeking a spacious yard in a modern community without sacrificing interior updates, ideal for growing families or those who value outdoor privacy. A thoughtful perspective is that this home offers the maturity of a 12-year-old property—where landscaping has settled and any initial build issues are likely resolved—while still feeling contemporary. It particularly suits a buyer who prioritizes lot size over having the absolute newest build on the block.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the municipal property assessment for this home is higher than nearly all other homes in Winnipeg. This can reflect desirable features, recent renovations, or market trends in the area, but it's not a direct marker of sale price.
2. Is the renovated basement a legal suite?
The listing specifies a "renovated basement" but does not state it is a legal secondary suite. Buyers should verify its permitted use and ensure renovations were done with proper permits.
3. The home last sold in 2017. What might have changed since then?
Given it sold a decade ago and now shows a renovated basement, the current owners have likely invested in updates. A pre-purchase inspection is advisable to understand the quality and scope of these changes.
4. How does the lot size compare to nearby properties?
The lot is significantly larger than many in Bridgwater Lakes, ranking better than 94% of the neighbourhood. This suggests more private outdoor space than typical for the area.
5. The living area ranks lower on the street than the lot size. What's the trade-off?
This indicates you are acquiring a property where the land proportion is a standout feature relative to the house itself. It's ideal if you value yard space, gardening, or future expansion potential over a maximized interior footprint.