Property Overview: 63 Water Bend Road, Bridgwater Lakes
Key Characteristics & Appeal
This is a substantial, modern family home in the sought-after Bridgwater Lakes neighbourhood. Built in 2016, it offers over 3,100 square feet of living space on a large, 14,166 sqft lot, placing it in the top tier of homes locally for both size and land area. Key features include an attached garage, a private pool, and a renovated basement. Its appeal lies in the combination of contemporary construction, generous indoor and outdoor space for entertainment and family life, and its position within a highly rated community. The data suggests a home that is not only well-above average for the area but has also demonstrated strong value retention.
This property would ideally suit established families or professionals seeking a move-in ready, premium home in a newer suburb. It fits buyers who prioritize space, modern amenities, and outdoor living (with the pool as a central feature), and who value a home that stands out statistically within its peer group for size, lot, and assessed value.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home ranks in the top 2% of the neighbourhood for both living area and assessed value, and in the top 1% for lot size. This indicates it is a notably larger and more valuable property than the vast majority of homes in the area.
2. What is the significance of the assessed value versus the last sale price?
The current assessed value is $152,700, while the home last sold for $1,470,000 in October 2021. It's important to understand that municipal assessed value for tax purposes is typically much lower than market value and does not reflect a current sale price. The historical sale price is a more relevant benchmark for market value.
3. Is the pool a common feature for this area?
While the listing confirms a pool, the provided data does not specify how common pools are in Bridgwater Lakes. It is a desirable luxury feature that enhances outdoor living on this large lot.
4. The home ranks highly in Winnipeg overall. What does that mean?
Rankings in the top 1-2% citywide for living area, lot size, and assessed value confirm this is a premium property by Winnipeg standards, not just within its immediate neighbourhood.
5. The lot is very large. What are the potential benefits?
Beyond privacy and space for a pool and recreation, a lot of this size (over 1/3 of an acre) offers flexibility for future landscaping, gardening, or even additions, subject to local bylaws. It's a rare find in newer suburban developments.