Property Overview & Appeal
This 2020-built, single-storey home in Bridgwater Trails sits on a notably large lot (over 10,700 sq ft), a rarity for newer builds. Its primary appeal lies in a combination of modern construction, a fully renovated basement, and a premier lot size that offers both immediate space and long-term potential. The property ranks in the top tier of Winnipeg for both lot size and assessed value, indicating a premium standing within the market.
It particularly suits buyers seeking a modern, low-maintenance home without compromising on yard space—ideal for families, those who enjoy gardening or outdoor living, or anyone valuing room for future additions like a patio or shed. The renovated basement adds immediate functional living space. A less obvious advantage is the established neighbourhood context; being a 2020 build on a mature street suggests more settled landscaping and community compared to brand-new subdivisions, offering a blend of new-home amenities with a slightly more established feel.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The lot is larger than 95% of properties in Winnipeg, placing it in the top 5%. This isn't just a big yard for the neighbourhood; it's a genuinely large parcel by city-wide standards, offering significant privacy and space.
2. The home was last sold in 2020. Why is the assessed value now so much higher?
The assessed value of $890k reflects the city's current valuation for taxation, influenced by market trends, the home's modern age, the renovated basement, and especially its substantial lot size. It ranks in the top 1% of Winnipeg for assessed value, confirming its premium market position.
3. Is the renovated basement a legal suite?
The description notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify the permits and legal status of the renovations with the seller or municipality if considering rental income potential.
4. How does this 2020 build compare to the newer homes nearby?
While newer homes exist (like the referenced 2021 build next door), this property offers the advantage of a more established lot and possibly mature landscaping. Its rankings show it outperforms most newer homes in key areas like lot size and assessed value.
5. What is the significance of the "Sold" price from 2020?
The $714k sale price six years ago provides historical context, highlighting the property's substantial appreciation. This trajectory underscores the value placed on its specific attributes—like the large lot—in the current market.