Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern property built in 2019, offering a low-maintenance start in a newer community. Its key appeal lies in its balance of contemporary living and established updates. The home features a renovated basement, adding valuable finished space to the 1,504 sqft living area, and an attached garage for convenience. The lot size of 2,667 sqft is above average for the street, providing good outdoor space for a newer neighbourhood.
The data suggests it suits practical buyers looking for a move-in-ready home without the immediate concerns of an older property. It’s particularly well-suited for young professionals or small families who value a modern build in a planned community, appreciate the added value of a finished basement, and want to avoid major renovation projects. A thoughtful perspective is that while the home ranks highly for its newness on its street, its overall size and value sit comfortably in the middle range of the wider Bridgwater Trails area, positioning it as a solid, mainstream option rather than a standout luxury property.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks very well for its newer age (top 7% on the street) and has a larger-than-average lot size. The living area and assessed value are both above the street median, indicating a solid, mid-to-upper range property for Silver Creek Road.
2. What is the neighbourhood ranking, and what does it mean?
The home ranks in the top 35% for year built in Bridgwater Trails, meaning it's newer than many in the area. However, rankings for lot and living area are lower within the broader neighbourhood, which is typical as this community contains a wide variety of home sizes and values.
3. Has the property value increased since it was last sold?
Yes. The assessed value is now $47,800, compared to its last recorded sale price of $37,600 in July 2019. This indicates appreciation, though a professional appraisal and market assessment are needed for a current market value.
4. What does the "renovated basement" entail?
The listing confirms the basement is finished (renovated), adding usable living space to the home's total footprint. Specific details on the renovation's scope, permits, and finish quality should be verified by a buyer's inspection.
5. Are the provided comparable properties useful?
The listed "for reference" properties are helpful for gauging the Bridgwater Trails market, showing similar-aged homes with varying sizes and values. The "similar assessed value" list includes homes in different neighbourhoods, which is less directly comparable but useful for understanding what price point this assessment represents across Winnipeg.