119 Valley Brook Road is a modern, two-storey home in Winnipeg's Bridgwater Trails neighbourhood, built in 2023. Its appeal lies in its combination of new construction, significant size, and premium lot. The property sits on a large 17,299 sqft lot, which ranks in the top 2% locally, and features a renovated basement, a pool, and an attached garage. With over 3,100 sqft of living space, it sold for $1.9M in early 2025, a value that places it in the top tier of the local market.
This home is ideally suited for buyers seeking a move-in ready, high-end property in a sought-after community. It fits families or professionals who value space, modern amenities, and outdoor privacy, and who are looking for a home that stands out statistically in terms of lot size, assessed value, and recent sale price within its immediate area and the wider city.
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What does the "renovated basement" entail?
Given the home is only three years old, this likely refers to a finished basement rather than a major structural renovation. It's important to clarify the extent and quality of the finish, what it includes (e.g., legal suite, rec room, bathroom), and whether permits were secured.
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Why is the assessed value significantly lower than the sale price?
The assessed value of $143.6k is for municipal tax purposes and is not an indicator of market value. The recent $1.9M sale price is the true market reflection. This large discrepancy is common with new, high-value homes and may result in property taxes that are based on a gradually increasing assessment over time.
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What is the nature of the large lot?
A lot of this size (over 1/3 of an acre) is rare in newer subdivisions. It's worth understanding its layout—whether it's deep, wide, or has an unusual shape—and how much is usable green space versus mandated setbacks, which impacts gardening, play areas, and future projects like sheds or additions.
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How does the pool impact utility costs and insurance?
An in-ground pool adds to seasonal maintenance and significantly increases summer utility bills for heating and filtration. It will also raise annual home insurance premiums due to increased liability risk. Prospective buyers should budget for these ongoing costs.
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What is the community and street like?
The data shows the property ranks exceptionally well on its specific street and within Bridgwater Trails. It would be prudent to visit at different times to gauge traffic, neighbour interactions, and overall street upkeep to see if the reality matches the statistical prestige.