Property Overview: 59 Bluemeadow Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a well-maintained, two-storey home built in 2014, offering modern construction without the premium of a brand-new build. Its primary appeal lies in its balance of space, location, and value within the desirable Bridgwater Lakes community. With over 2,000 sqft of living area and a nearly 5,000 sqft lot, it provides ample room for family life. The home features an attached garage and an unfinished basement, presenting a clean slate for future customization.
The property’s standout characteristic is its strong ranking for age and size compared to the wider Winnipeg market, placing it in the top 9% for both. This suggests a relatively modern home with above-average space for the city. However, the rankings indicate it sits in a more modest position within its immediate street and neighbourhood, appealing to buyers who want a solid, modern home in a sought-after area without paying for a premium lot position. It would suit a young family or a professional couple looking for a move-in ready home in a newer community, with the basement offering clear potential for future expansion to suit their evolving needs.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The assessed value is in the lower third for Bluemeadow Road, and it last sold in 2020 for less than most neighbouring properties at that time. This could represent a value opportunity on a street with larger or more renovated homes.
2. What does the "unfinished basement" mean for me?
The basement is a blank canvas. It’s a significant opportunity to add value and tailor the space to your needs (e.g., a rec room, home office, or extra bedroom), but it requires planning and investment.
3. The home ranks highly city-wide but lower in the neighbourhood. Why?
Bridgwater Lakes is a newer, popular area with many similar modern homes. This property’s rankings suggest it is a very solid home by Winnipeg standards, but faces strong competition from other attractive properties within its own community.
4. What are the implications of the 2020 sale price?
The 2020 sale price was notably lower than recent assessments for comparable nearby homes (like 16 or 124 Bluemeadow Road). A buyer should investigate what, if any, updates have been made since and how current market conditions have influenced the value.
5. Who are the most likely neighbours?
Given the family-friendly size, modern build date, and community amenities typical of Bridgwater Lakes, you can expect neighbours to be primarily young families, couples, and professionals.