Property Summary: 119 Edge Park Crescent
Section 1: Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern property built in 2022, offering a turnkey living experience with minimal maintenance concerns typical of newer construction. Its key appeal lies in its above-average size and prime positioning within a sought-after neighbourhood. With 2,664 sqft of living space, it ranks in the top 2-5% for size on its street and in the wider Bridgwater area. The lot is also generous at over 7,300 sqft, providing ample outdoor space.
The home’s strongest suit is its modern efficiency and established placement in a newer community. It suits buyers looking for a spacious, move-in-ready family home without the immediate need for renovations. It’s particularly well-matched for professionals or growing families who value the planned amenities and aesthetic consistency of the Bridgwater Trails area, and who prioritize a large interior and yard over an older home’s potential character. A thoughtful perspective is that while the basement is unfinished, it presents a clean slate for future customization, allowing new owners to add value and tailor the space to their needs without inheriting someone else’s dated renovation choices.
Section 2: Frequently Asked Questions
1. What are the annual property taxes?
While the current assessed value is $666,000, taxes are calculated using the City of Winnipeg’s mill rate. You should budget for property taxes based on this assessment, and the listing agent can provide a precise estimate.
2. What is the condition of the unfinished basement?
The basement is described as "not renovated," meaning it is likely a standard, undeveloped concrete space with rough-ins for future development. A viewing is essential to confirm ceiling height, window well size, and the location of mechanical systems.
3. How does this home compare to others on the street?
The data indicates this home is newer and significantly larger than most on Edge Park Crescent, ranking in the top percentiles for year built, living area, and lot size. This suggests it is one of the premier properties on the block.
4. What are the condo or homeowner association fees?
As a freehold property in Bridgwater Trails, there are no monthly condo fees. However, as part of a newer development area, there may be mandatory local improvement charges or community district fees; this should be verified during the purchasing process.
5. Why did the assessed value increase from the 2022 sale price?
The assessed value rose from the $591,000 sale price in 2022 to $666,000, reflecting the provincial assessment update cycle and general market appreciation for newer, desirable homes in the area over the past two years.