Property Overview & Key Characteristics
This 2014-built, one-storey home in Bridgwater Lakes sits on a large, 5,900+ sqft lot. Its key appeal lies in a combination of a modern, low-maintenance layout and a recently renovated basement, adding valuable finished space to the 1,698 sqft footprint. The attached garage and spacious lot are practical assets in a newer community.
The home’s value proposition is nuanced. While its living area is modest for the street and neighbourhood, its assessed and recent sold prices rank in the top tiers for Winnipeg, suggesting the renovations and lot size are significant value drivers. It suits buyers seeking a modern, single-level floorplan in a newer suburb, who prioritize a move-in-ready basement and outdoor space over a larger main-floor square footage. It may also appeal to those looking for a property with solid city-wide value retention, as indicated by its high assessment percentile, in a community of similar-aged homes.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,903 sqft, the lot is larger than 92% of others on the same street, offering more private outdoor space than most immediate neighbours, which is a notable advantage in this community.
2. The living area seems average; where does the value come from?
The value is likely driven by the renovated basement, the substantial lot size, and the home's overall condition. Its sold price ranks highly city-wide, indicating these factors are valued more than main-floor square footage alone.
3. Is the property newer than most homes in Winnipeg?
Yes. Built in 2014, it is newer than approximately 91% of properties in Winnipeg, offering modern construction standards and systems.
4. How does the recent sale price compare to neighbouring homes?
The January 2025 sale at $69.50k ranks better than 72% of homes in Bridgwater Lakes, suggesting it was a strong price for the neighbourhood, potentially reflecting its updated condition.
5. What is the community of Bridgwater Lakes like?
It is a modern, master-planned community with parks and pathways. The provided comparable homes all date from 2012-2015, indicating a consistent, newer neighbourhood character with similar property ages.