87 Brookfield Crescent

Property Overview: 87 Brookfield Crescent, Bridgwater Lakes

Key Characteristics & Appeal

This is a well-maintained, one-storey home built in 2013, situated on a generous 4,486 sqft lot in the modern Bridgwater Lakes community. Its key appeal lies in a combination of updated practicality and a quiet, established setting within a newer neighbourhood. The home features a renovated basement, adding valuable finished living space, and a detached garage.

The property’s standout characteristic is its land size, which is larger than most on its street and in Winnipeg overall, offering good outdoor potential. While the living area is modest, the renovated basement effectively expands the usable space. The home’s assessed value has seen significant growth since its last sale, indicating strong market appreciation.

This property would suit first-time buyers or downsizers seeking a low-maintenance, single-level layout in a contemporary community. It’s also a practical choice for value-conscious buyers who prioritize a larger lot and are willing to work with a cozier main footprint, knowing the basement provides extra room. The strong valuation history suggests it’s a stable investment in a desirable area.

Frequently Asked Questions

1. How does the lot size compare to others nearby?
At 4,486 sqft, the lot is larger than 58% of properties on Brookfield Crescent and 66% of lots across Winnipeg, which is a notable advantage in this newer neighbourhood where lots can be smaller.

2. The living area seems modest. Is the house particularly small?
The main floor living area is 1,115 sqft, which is compact. However, the presence of a renovated basement significantly increases the total usable living space, making the home more functional than the main floor square footage alone suggests.

3. What does the sold price history indicate?
The home sold for $34.5k in 2016 and $36.4k in 2019. Its current assessed value of $46.6k shows a substantial increase, reflecting strong market appreciation in the area over the past five years.

4. Is the home older than others in Bridgwater Lakes?
Built in 2013, it is slightly older than some neighbouring homes (like the reference property at 119 Brookfield built in 2015) but remains a modern build. It is newer than 90% of homes in Winnipeg, so it still has considerable age appeal.

5. How does this property rank for value in the area?
Its assessed value is higher than 77% of Winnipeg properties, placing it in the top quartile city-wide. On its own street and in the immediate neighbourhood, however, many homes have higher assessed values, positioning this as a more mid-range option within Bridgwater Lakes itself.