Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern, spacious property built in 2018. Its primary appeal lies in its generous proportions and strong standing within the market. The home sits on a large 7,458 sqft lot, which is bigger than over 82% of others on its street, and features a renovated basement and an attached garage. With 2,756 sqft of living space, it ranks in the top tier for size, outperforming 96% of homes in the neighbourhood and an impressive 99% across Winnipeg. Recent sale and assessment value data consistently place it in the top 1-6% of its local market, indicating a property that has held and grown its value exceptionally well.
The home is ideally suited for buyers looking for a move-in ready, modern build in a sought-after community, who prioritize space and established equity. It would particularly fit growing families needing room to expand or professionals seeking a home with proven investment metrics in a newer neighbourhood. A less obvious angle is its appeal to value-conscious buyers who appreciate a home that already has a major update (the basement renovation) completed, avoiding an immediate project, while the lot size offers future potential for expansion or landscaping that many newer builds lack.
Frequently Asked Questions
1. How does the property's value growth compare to the area?
The home sold for $950k in June 2024, a significant increase from its 2019 sale price of $788k. Its assessed value ($947k) is closely aligned with this recent sale, suggesting the market strongly confirms its worth. It consistently ranks in the top 6% of the neighbourhood and top 1% city-wide for value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the selling agent to understand the quality of the renovation and how the additional space is currently utilized.
3. Is the lot size typical for Bridgwater Trails?
At 7,458 sqft, the lot is larger than average for the area, ranking better than 82% of lots on the same street. This is a notable feature, as newer communities often have smaller lot sizes, providing more outdoor space than many of its immediate neighbours.
4. How does the home's age (2018) compare to others nearby?
Built in 2018, the home is moderately newer than many in Winnipeg (top 5%) but is fairly typical for its specific neighbourhood, ranking near the middle. This suggests it balances the benefits of modern construction and standards without being an untested brand-new build.
5. What are the property taxes likely to be?
While not listed, property taxes would be based on the assessed value of $947,000. You can estimate taxes by applying Winnipeg's current mill rate to this assessed value, though the final bill may be affected by local improvements or credits.