Property Overview
This modern two-storey home in Bridgwater Trails offers a turnkey lifestyle in one of Winnipeg's newer communities. Built in 2020, its key appeal lies in its contemporary construction, meaning major components like the roof, windows, and mechanical systems are under a decade old, offering significant peace of mind and reduced near-term maintenance. The home features nearly 1,900 sqft of living space, a finished basement, and an attached garage on a standard suburban lot.
Its primary draw is its balance of new-build benefits within an established, growing neighborhood. The data reveals thoughtful perspectives: while the home's size is above average for Winnipeg, it ranks in the middle of its own street and community, suggesting a streetscape of similarly scaled homes rather than standing out as the largest. Notably, its 2024 sale price significantly exceeded both its 2020 purchase price and the current assessed value, indicating strong market demand for well-maintained, recent builds in this area. This property would best suit young professionals, couples, or small families seeking a modern, low-hassle home in a planned community, who value newer infrastructure and are willing to pay a premium for it over an older, character home.
Frequently Asked Questions
1. How does the 2024 sale price compare to the city assessment?
The home recently sold for $715,000, which is approximately 23% higher than its current city assessment of $579,000. This is not uncommon in active markets, where assessed value for taxation purposes can lag behind current fair market value.
2. What does the "ranking" data for the street and community mean?
These rankings compare this home against specific peers. For example, it ranks in the top 3% of all Winnipeg homes by build year (being very new), and in the top 12% by living area. However, within its own Bridgwater Trails community, it ranks in the top 37% for size, indicating it's a comfortably sized home that fits well within the local context.
3. Is the basement included in the 1,918 sqft living area?
Typically, the listed "居住面积" (Living Area) refers to above-grade square footage. The finished basement provides additional living space but is usually not included in that primary figure.
4. What might explain the significant price increase from 2020 to 2024?
The increase from the 2020 purchase price of $450,000 to the 2024 sale price of $715,000 reflects both the general market appreciation over that period and the added value of a now-established, barely-lived-in home. Buyers place a premium on a newer home that has been occupied for only a few years.
5. Does the home have any standout features compared to others on the street?
The data suggests its relative newness is its most standout feature. On its street, it is newer than 45% of homes, but in the broader Winnipeg context, it's newer than 97% of homes. Its key advantage is its modern age, not necessarily an outlier in size or lot dimensions within its immediate surroundings.