Property Overview: 183 Valley Brook Road
Key Features & Ideal Buyer
This 2020-built, single-storey home in Bridgwater Trails sits on a large, 10,108 sqft lot, placing it in the top tier for land size within the neighbourhood. Its primary appeal lies in a combination of modern construction, a generous and private yard, and a recently renovated basement. The property shows strong financial fundamentals, with an assessed value that ranks in the top 2% city-wide, suggesting a history of above-average value retention.
The home is well-suited for buyers seeking a low-maintenance, modern property with ample outdoor space for gardening or family activities. Its single-storey layout is ideal for those looking for accessibility or simply preferring all living areas on one level. The significant jump in assessed value since its 2020 sale indicates it may appeal to value-conscious buyers who prioritize a home with proven appreciation in a desirable, newer community like Bridgwater Trails.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,637 sqft, the living area is comfortable but slightly below the neighbourhood average. The home’s standout feature is its very large lot, meaning you get more private outdoor space than most properties in the area.
2. What does the high assessed value ranking mean?
Ranking in the top 2% in Winnipeg for assessed value is a strong indicator of the property’s market worth as determined by the city assessor. It suggests the home and its location are considered premium compared to most of the market.
3. Is the basement development complete?
Yes, the listing confirms the basement is not only finished but has been renovated, implying it is move-in ready and updated to modern standards.
4. Who might this property not suit?
Given its single-storey design and larger lot, buyers seeking a multi-level home with maximum interior square footage on a compact, low-maintenance yard may find other homes in the area a better fit.
5. How does the lot size impact property taxes?
While the large lot is a major asset, it is a factor in the higher assessed value, which in turn influences property tax calculations. The premium for the extensive yard space is reflected in the tax bill.