Property Overview
This modern two-storey home in Bridgwater Trails, built in 2020, offers a blend of space, contemporary updates, and strong value retention. Its key appeal lies in its above-average living area of over 2,700 sqft, a renovated basement, and an attached garage on a generous lot. The home consistently ranks in the top tier of the neighbourhood and city for size and assessed value, indicating a premium property within a newer community. It has demonstrated significant appreciation, selling for nearly 60% more in 2025 than its 2020 price.
This property would suit buyers looking for a move-in ready, spacious family home in a modern suburb without the wait of new construction. It’s ideal for those who value both interior space (it’s larger than 97% of area homes) and the low maintenance of a newer build. The renovated basement adds immediate functional space, making it particularly appealing to growing families or those who work from home and need a flexible layout.
Key Questions for Consideration
1. How does the lot size compare for the area?
At just over 5,400 sqft, the land area is above average for its specific street but ranks closer to the middle when compared to the wider Bridgwater Trails neighbourhood. This suggests a good balance of yard space without excessive maintenance, typical of newer suburban developments.
2. What does the sale history indicate about the property's market performance?
The home sold for $64,700 in late 2020 and $101,500 in early 2025. This sharp increase reflects both strong market appreciation and the added value of the basement renovation. It shows the property has been a solid investment for the previous owner.
3. Are there any potential concerns with a 2020 build?
A six-year-old home is past the initial "shakedown" period where minor construction flaws might appear, yet it remains under the original builder's warranty for major structural elements. This can be a reassuring sweet spot, but a thorough inspection is still advised to identify any settling or early wear-and-tear issues.
4. How does the assessed value relate to the recent sale price?
The city's assessed value ($74,400) is significantly lower than the 2025 sale price ($101,500). This is common, as municipal assessments for tax purposes often lag behind rapid market appreciation, especially in desirable newer neighbourhoods. It should not be used as a direct indicator of current market value.
5. What is the context of the "rankings" provided?
These percentile rankings are a relative measure against nearby properties. For example, ranking "better than 97% of Winnipeg" for living area confirms its exceptional size city-wide. However, within its own immediate street, some rankings (like year built) are more moderate, indicating it's on a block with other very new homes. This highlights the importance of viewing the home within its specific, high-calibre micro-market.