Property Summary: 78 Springwater Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in a combination of newer construction, above-average space, and a strong position within its community. With 2,398 sqft of living area and a 7,385 sqft lot, it provides ample room for a growing family. The home features an attached garage and a basement (unrenovated, offering potential for future customization).
The property’s standout feature is its consistently high ranking across key metrics. It sits in the top tier for its year built, living area, and overall value when compared to most homes in Winnipeg, indicating a well-regarded and desirable property. Its lot size is notably larger than many on the same street, offering more outdoor space than the immediate neighbours. This home would suit buyers looking for a move-in ready, modern property in a master-planned community, particularly those who value a home that outperforms neighbourhood averages in size and newness, and who may see potential in personalizing the basement space over time.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly, especially for its newness (newer than 92% of homes on Springwater Road) and lot size (larger than 68%). Its living space is also above average for the street.
2. What does the assessed value ranking mean?
The assessed value of $688,000 is higher than 96% of homes in Winnipeg, indicating the property is considered more valuable than the vast majority of the market. Within its own neighbourhood, it’s in the top 30%.
3. Is the basement finished?
No, the basement is not renovated. This presents a blank canvas for future development, allowing a new owner to customize the space to their needs, but would require an investment to finish.
4. How stable has the property's value been?
The home last sold in August 2020 for $529,000. The current assessed value suggests significant appreciation since purchase, reflecting both market conditions and the desirability of newer homes in this area.
5. What are the immediate neighbours like?
The listing shows several nearby properties on Springwater Road, all within the Bridgwater Lakes community, suggesting a consistent streetscape of relatively new, single-family homes.