Property Overview: 11 Beachgrove Court, Bridgwater Trails
Key Features & Ideal Buyer
This modern two-storey home, built in 2018, sits on a large lot in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a combination of space, recent updates, and strong value metrics. The nearly 2,000 sqft living area is above average for its immediate street and neighbourhood, and the property benefits from a renovated basement, adding functional space. With an attached garage and a land area of nearly 6,000 sqft, it offers practical suburban living.
The home’s standout characteristic is its compelling value progression. It has appreciated significantly, with sold prices jumping from $68.5k in 2021 to $690k in 2023. Current assessments and past sale prices rank in the top tiers for Winnipeg, suggesting a history of solid investment growth. Its appeal is broad, but it would particularly suit pragmatic buyers looking for a move-in ready, modern home in a master-planned community. It’s ideal for growing families who value space and community amenities, or for value-conscious purchasers who appreciate a property with demonstrated upward momentum in a newer area of the city. A less obvious angle is its appeal to data-driven buyers; the strong percentile rankings across multiple categories provide a clear, quantifiable case for its standing in the market.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,908 sqft, the lot is larger than 88% of others on Beachgrove Court, offering more outdoor space than most of its immediate neighbours.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, permits, and the nature of the renovation (e.g., recreational room, additional bedroom).
3. The assessed value seems low compared to recent sale prices. Why?
Municipal assessed value ($64.80k) is for taxation purposes and often lags behind market value. The recent sale price of $690k is a far more accurate reflection of current market value.
4. How does this home rank for its age in Winnipeg?
Built in 2018, it is newer than approximately 95% of homes in Winnipeg, placing it in the top 5% for modernity, which can mean fewer immediate maintenance concerns and more contemporary building standards.
5. What is the neighbourhood ranking based on?
The rankings (e.g., "Better than 77% in neighbourhood") are comparative metrics for specific data points like lot size, living area, and assessed value within the defined Bridgwater Trails area, providing context against comparable homes.