Property Overview & Key Characteristics
This two-storey home at 15 Stone Meadow Road in Bridgwater Trails is a modern, low-maintenance property built in 2017. Its key appeal lies in a combination of recent updates, strong value retention, and a desirable location within a newer Winnipeg community. The home features a renovated basement, a detached garage, and a living space of 1,656 sqft set on a nearly 4,000 sqft lot.
The home’s standout feature is its compelling sales history, demonstrating significant and steady appreciation. It last sold in June 2024 for $555,300, which ranks in the top 5% of sales for its street. This strong performance, coupled with an assessed value that places it in the top 17% citywide, suggests a well-regarded property in a stable area. The data indicates it’s a newer home relative to most of Winnipeg (top 6%) and offers above-average interior space for its immediate street (top 20%).
This property would suit first-time buyers or young families looking for a move-in ready home in a modern neighbourhood without the wait of new construction. It’s also a sensible fit for value-conscious buyers who appreciate clear, data-backed evidence of a property’s market performance and equity growth. The renovated basement adds flexible living space, making it practical for those needing a home office, gym, or guest area.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for approximately $55,000 above its $50,400 assessed value in June 2024. This is common in active markets, where sale prices often reflect current demand rather than the municipality's assessment for tax purposes.
2. What does the sales history tell us about this property's value?
The history shows remarkable appreciation. It sold for $387,000 in 2017, $430,000 in 2020, and $555,300 in 2024. This consistent increase, especially the most recent jump, indicates strong demand and solid value retention in this location.
3. Is the lot size typical for the area?
At 3,939 sqft, the lot is larger than 60% of others on Stone Meadow Road. In Bridgwater Trails, a newer community, lots can vary, but this one offers a bit more outdoor space than many of its direct neighbours.
4. The home is listed as "Two Storey." What does the living area include?
The 1,656 sqft of living area refers to the above-ground, finished space. This typically includes the main and upper floors. The renovated basement provides additional finished square footage that is not included in that official living area figure.
5. How does this home compare to others in Bridgwater Trails?
The data shows a mix. It’s newer than 69% of homes in the wider neighbourhood and has more living area than 55% of them. Its recent sale price, however, ranks in the top 43% for the area, suggesting it may offer a favourable balance of size, age, and value compared to other local options.