Property Overview & Appeal
This 2021-built, single-storey home in Bridgwater Trails presents a compelling blend of modern living and established value. Its key characteristic is the generous 13,591 sqft lot, which is larger than 94% of others on the street, offering significant outdoor space in a newer community. The home itself features a renovated basement and over 2,200 sqft of living area. The appeal lies in its strong performance across key metrics: it ranks in the top tiers of the neighbourhood and city for lot size, assessed value, and recent sale prices, suggesting a well-regarded property in a desirable area. It would suit buyers looking for a modern, low-maintenance home with room to grow outdoors, and who value a property with a clear history of strong valuation stability and growth in a sought-after suburban community.
A less obvious perspective is that while newer, the home has already changed hands twice, indicating a desirable yet potentially fast-moving market segment. Its assessed value is notably higher than nearby comparable listings, which may reflect superior finishes, the renovated basement, or its premium lot.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 13,591 sqft, which is larger than 97% of all residential properties in Winnipeg, making it a standout feature for outdoor space.
2. What does the sale history indicate about the property's value?
The home sold for $101.9k in 2021 and then $112.5k in 2023, showing appreciable growth. Its current assessed value aligns closely with the most recent sale.
3. Is the basement development reflected in the living area?
The 2,202 sqft living area likely reflects the main floor only. The separately noted "renovated basement" suggests additional finished space not included in that official square footage.
4. How does this home compare to other nearby listings?
While nearby comparable homes are similar in age, this property has a significantly higher assessed value, likely due to its larger lot, renovated basement, and/or premium finishes.
5. What is the significance of the high percentile rankings?
Rankings like "Top 2% in the neighbourhood" for assessed value mean this property is statistically among the most highly valued homes in Bridgwater Trails, based on municipal assessment data.