Property Overview: 135 Rowntree Avenue, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2019, offers a modern, low-maintenance start in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build (requiring fewer immediate repairs) on a larger-than-average lot for the street. With 1,620 sqft of living space and an attached garage, it suits first-time buyers, young families, or downsizers seeking a contemporary layout without the premium of a brand-new build.
The property’s standout feature is its position relative to the local market. It ranks in the top quarter of its street for both lot size and building age, meaning you get more outdoor space and newer construction than most direct neighbours. While the interior basement is unfinished, this presents a clear opportunity for customization and added value. The home is best suited for buyers who prioritize a move-in ready, modern structure but are comfortable with a neighbourhood still establishing its mature character, and who see potential in tailoring the basement to their needs over time.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The current assessed value is $48,900. It’s important to note this is for municipal tax purposes and is typically lower than market value. A comparative market analysis with a local agent is essential to determine a competitive listing price.
2. What does the ranking data actually tell me?
The percentile rankings show how this property compares to others in specific areas. For example, being "better than 74% in same street" for year built means it is newer than 74% of homes on Rowntree Avenue. This data is useful for understanding its relative strengths (like a newer build) and weaknesses (like a neighbourhood ranking for value) within different geographic circles.
3. The home sold in 2019 for $38,000. Why is that price so low?
This almost certainly represents a land-only sale prior to the construction of the home in 2019. The $38,000 was the price of the vacant lot, not the completed house.
4. Is the unfinished basement a drawback?
Not necessarily. For many buyers, an unfinished basement is preferable to a poorly or cheaply finished one. It allows you to design the space to your exact needs, ensures all plumbing and electrical work is up to your standard, and can be a way to add significant value over time.
5. What are the implications of the "Sold" ranking being over 100%?
The data shows the 2019 sale ranks in the "top 101%" on its street, which is a statistical anomaly indicating its sale price was an extreme outlier compared to other sales on the street. This further supports the conclusion that it was a land sale before development, not comparable to sales of finished homes.