Property Summary: 147 Arbourwood Court
Section 1: Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern property built in 2019, offering a move-in-ready foundation with an unrenovated basement that presents a blank canvas. Its key appeal lies in its prime positioning within a desirable, newer community. The property sits on a large, 7,974 sqft lot that ranks in the top 4% for size on its street, providing ample outdoor space that is increasingly rare in newer subdivisions. With an attached garage and a living area of 1,433 sqft, it balances practical family living with low-maintenance modern construction.
The home is best suited for first-time buyers or young families seeking a established, newer build in a top-rated Winnipeg neighbourhood without the premium price of a brand-new home. It also appeals to value-oriented buyers who see potential in the unfinished basement, allowing for future customization to increase both living space and property value according to personal taste. The strong lot size is a significant, less obvious asset, offering long-term value for gardening, play, or future expansion that many newer lots no longer provide.
Section 2: Frequently Asked Questions
1. Is the basement developed?
No, the basement is unfinished. This is a key feature for buyers looking to customize additional living space, such as a recreation room, home gym, or extra bedroom suite, to their own specifications and budget.
2. How does the property compare to others in the area?
The home excels in its lot size, ranking better than 96% of homes on its street. It is also a newer build, ranking in the top 4% for age across Winnipeg. The living space is comfortable, though more modest compared to some neighbouring properties, which is reflected in its accessible price point.
3. What is the neighbourhood like?
Bridgwater Trails is a master-planned, family-oriented community in south Winnipeg known for its pathways, parks, and modern amenities. This location offers a blend of suburban tranquility with convenient access to shopping, schools, and major routes.
4. Why is the assessed value different from the last sale price?
The property last sold in April 2020 for $336,000. The current assessed value of $449,000 reflects market changes, property value increases in the area over the past four years, and the value attributed to its substantial lot size.
5. What are the immediate next steps for a new owner?
Beyond personal decor updates, the primary project would be developing the basement to maximize the home's square footage. Owners may also wish to invest in landscaping to take full advantage of the above-average lot size, enhancing both enjoyment and curb appeal.