Property Overview & Key Characteristics
163 Valley Brook Road is a modern two-storey home in the sought-after Bridgwater Trails neighbourhood. Built in 2021, it offers a spacious 2,858 sqft of living area on a generous 11,628 sqft lot, with an attached garage and a renovated basement. Its appeal lies in its combination of new-build convenience, above-average space, and a prime location within a master-planned community. The home ranks in the top tiers for size, value, and newness compared to most properties in Winnipeg, suggesting a strong, premium positioning.
This property would ideally suit growing families or professionals seeking a turnkey, low-maintenance home in a modern suburb. It also appeals to value-conscious buyers who prioritize statistical equity—its assessed value has risen significantly since its 2021 sale, and its metrics consistently outperform local averages. The large lot offers room for outdoor living or future expansion, a notable advantage in newer subdivisions where lots are often smaller.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value of $99.5k places it in the top 5% of its neighbourhood and top 1% city-wide, indicating it is considered a high-value asset relative to the market.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and functionality of the space.
3. Is the property’s size typical for Bridgwater Trails?
No, its living area is quite large for the area, ranking in the top 3% of the neighbourhood. The lot size is also substantial, offering more outdoor space than many comparable newer homes.
4. What is the significance of the sold price history?
The home sold for $72.6k in August 2021, shortly after being built. The increase to its current assessed value suggests substantial market appreciation, which is useful for understanding the neighbourhood’s trajectory.
5. Are there any immediate comparable properties?
Yes, the nearby 408 Cherrywood Road is suggested as worth viewing. It is slightly newer and smaller, with a lower assessed value, providing a useful benchmark for price and features in the immediate area.