Property Summary: 175 Rowntree Avenue, Bridgwater Trails, Winnipeg
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a combination of contemporary build quality, a recently renovated basement, and an attached garage. The lot is a comfortable size, nearly 3,000 sqft, providing good outdoor space for a newer community home.
The data suggests a property with solid fundamentals. It ranks highly for its assessed value compared to most of Winnipeg and its street, indicating good municipal valuation relative to the market. Notably, its last sale price in mid-2022 was significantly higher than the current assessed value, which may attract buyers looking for perceived value or investment potential. The home’s living space (1,504 sqft) is above average for its immediate street, offering efficient use of its footprint.
This home would suit first-time buyers or young families seeking a move-in ready, modern property in a master-planned area. It’s also a practical fit for professionals who value the convenience of a newer build with recent updates and minimal immediate repair concerns. The strong past sale performance and current assessment rankings could interest value-oriented buyers who research market metrics.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it’s a finished living space, a recreational room, or has added bedrooms.
2. How does the 2022 sale price compare to today's asking price?
The home sold for $569,000 in July 2022. The current asking price is not provided in this data set, so a direct comparison is not possible here. This historical figure is a useful benchmark for understanding the property’s market history.
3. Is the property above or below average for the neighbourhood?
It’s a mix. The home is newer than 47% of Bridgwater Trails and has a larger living area than 23% of homes here. However, its assessed value is higher than 37% of neighbourhood properties, suggesting it may be viewed as a higher-tier home within this specific community.
4. What are the property taxes?
The assessed value is $49,800. Property taxes are calculated by applying the City of Winnipeg’s annual mill rate to this assessment. You can estimate taxes by multiplying the assessment by the current residential mill rate (available on the City’s website).
5. The lot is ranked "better than 56% in same street." What does that mean?
This ranking is based on lot size (2,982 sqft). It means the lot is larger than just over half of the other properties on Rowntree Avenue. It offers above-average outdoor space for its specific street, though not the largest.