Property Overview
This 2018-built, two-storey home in Bridgwater Trails offers modern living with a practical layout. Its key appeal lies in being a relatively new property that requires minimal immediate upkeep, situated on a larger-than-average lot (nearly 6,000 sq ft). The home ranks highly for its newness compared to most of Winnipeg and offers solid space, with 1,750 sq ft of living area. The attached garage and existing (but unrenovated) basement provide functional space and future potential.
This property is well-suited for first-time buyers or young families seeking a move-in ready home in a modern community without the premium for a brand-new build. It also appeals to practical buyers who value a sizable yard and see the unfinished basement as a blank canvas for future customization, rather than a drawback. The strong rankings for lot size and building age on its street suggest it's a above-average offering in its immediate area.
Frequently Asked Questions
Q: How does the property's value compare to its last sale price?
A: The home last sold in September 2019 for $460,000. Its current assessed value is significantly lower at $54,700. It's important to note that municipal assessed value for tax purposes is not an indicator of market value and is typically much lower. A professional market evaluation is needed to determine its current selling price.
Q: What does the ranking data actually mean?
A: The "Top X%" rankings show how this property compares to others in various zones. For example, being newer than 95% of Winnipeg homes is a standout feature. However, rankings are relative; while it's newer than most in the city, it ranks around the middle for age within its own neighbourhood.
Q: Is the basement usable in its current state?
A: The listing confirms the basement exists but is "not renovated." This means it is likely unfinished or partially finished, offering functional storage or laundry space but requiring investment to become a fully livable area.
Q: Who might this property not suit?
A: It may not be ideal for buyers seeking a fully turnkey property with a finished basement or established landscaping. Additionally, buyers prioritizing an elite position within the Bridgwater Trails neighbourhood itself might note that some metrics (like the 2019 sale price ranking) are average or below average for the immediate area.
Q: What is the significance of the lot size?
A: At 5,954 sq ft, the lot is larger than 82% of others on the street. In a newer community, this offers more private outdoor space than typical, which is a valuable and less replaceable feature than interior finishes.