Property Overview
86 Sablewood Road is a two-storey home built in 2013, located in the Bridgwater Lakes neighbourhood of Winnipeg. It sits on a 4,251 sqft lot and features 1,489 sqft of living space, a detached garage, and an unfinished basement. The home last sold in February 2022 for $510,000 and has a current assessed value of $484,000.
Key Characteristics & Appeal
This home presents a practical opportunity in a modern, master-planned community. Its primary appeal lies in being a relatively newer build (2013) within Bridgwater Lakes, offering a move-in-ready structure without the concerns of an aging roof or major systems. The unfinished basement provides a significant blank canvas for future expansion or customization to suit a buyer's specific needs, which is a valuable feature not always found in newer homes.
The property’s value proposition is nuanced. While its assessed and recent sale values are strong compared to most of Winnipeg, the rankings indicate it is positioned at the more accessible end within its own desirable street and neighbourhood. This suggests a chance to enter a well-regarded area at a potentially lower price point than newer or more updated homes on the same street. It would suit first-time buyers or young families looking for a solid, modern home in a community with amenities, who are comfortable with a property that has room to grow in value through future renovations, particularly the basement. It may also appeal to value-conscious buyers who prioritize the neighbourhood and the building's age over having the largest or most upgraded house on the block.
Frequently Asked Questions
1. What does the "rank" information actually tell me?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg for metrics like lot size and value. For example, being "better than 83% in same street" for year built means it is one of the newer homes on Sablewood Road. Conversely, a lower rank for lot size means lots on the street are generally larger.
2. Is the price reasonable given the last sale price and assessed value?
The current asking price is above both the 2022 sale price ($510k) and the city's assessed value ($484k). Market conditions, updates made since 2022, and seller motivation will influence the final price. The assessment offers a baseline for property taxes, not necessarily current market value.
3. What are the pros and cons of an unfinished basement?
The major pro is the opportunity to finish it exactly to your taste and needs without needing to undo previous work. The cons are the immediate upfront cost and effort required to make it a livable space. It's an important factor to budget for.
4. How does this home compare to others on the street?
Based on the data, it has a smaller-than-average lot and living area for Sablewood Road, but it is newer than most. This often creates a trade-off: you get a newer structure but less land space compared to some neighbours.
5. What is the Bridgwater Lakes community like?
As a master-planned community in southwest Winnipeg, it typically features newer homes, family-oriented amenities like parks and pathways, and nearby retail plazas. It's known for a suburban feel with modern infrastructure. Specific amenities should be verified independently.