Property Summary: 159 Appleford Gate, Bridgwater Trails
Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Trails offers a compelling blend of space, modernity, and established value. Built in 2016, it strikes a balance between being relatively new—avoiding the concerns of an older home—while being part of a settled neighbourhood. Its key appeal lies in its generous 7,332 sqft lot, which is larger than 95% of properties on its street, providing ample outdoor space that is increasingly sought-after. With 1,809 sqft of living area and an attached garage, it caters well to growing families or those who appreciate room to breathe.
The home’s strong market performance is notable; its recent sale price ranks in the top 10% across Winnipeg, indicating a property that has held and proven its value in a desirable area. The unrenovated basement presents a clean slate for future customization. This property would suit buyers looking for a move-in ready family home in a modern community, who also value the long-term potential of a large lot and the opportunity to add personal touches over time. It’s particularly suited for those who prioritize statistical standing in the market—consistently ranking in the top tiers for lot size and value in its area—over a fully finished project home.
Frequently Asked Questions
1. What does the "unrenovated basement" actually mean?
It indicates the basement is functional but in its original builder state. It’s a blank canvas for future finishing, allowing a new owner to customize it to their needs and taste without first needing to undo someone else’s renovations.
2. The home sold recently in May 2024. Why is it back on the market?
While the specific reason isn’t provided here, a quick resale can sometimes relate to a change in the buyer’s personal circumstances rather than an issue with the property itself. It’s always a point to discuss with the listing agent.
3. How does the assessed value compare to the recent sale price?
The assessed value is significantly lower than the recent sale price, which is common. Municipal assessments for tax purposes often lag behind current market values, especially in active markets. The sale price is a more accurate reflection of its recent market worth.
4. The year-built rank is lower in the neighbourhood than elsewhere. Should I be concerned?
Not necessarily. Bridgwater Trails is a newer community, so a 2016 build date is actually in the older half of homes there. However, it still ranks as newer than 93% of homes across all of Winnipeg, highlighting its modern construction in a city-wide context.
5. What are the practical benefits of such a large lot?
Beyond simple space, a lot size in the top 5% of the street offers greater privacy, more landscaping or gardening opportunities, and room for additions like a deck, shed, or play area. It also typically contributes to stronger long-term value appreciation relative to smaller lots in the same area.