Property Summary: 194 Rowntree Avenue, Bridgwater Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a move-in-ready foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of newer construction and established community living. With 1,640 sqft of living space and an attached garage, it provides a practical layout for daily life.
The home’s primary strengths are its modern age and above-average interior size for its street, ranking better than 86% of nearby homes. The lot is also generous, larger than most on the block. However, the context is important: while the house itself is newer and spacious, its assessed value is in the lower tier for both the immediate street and the wider Bridgwater Trails area. This creates a distinct profile—a well-sized, modern home that presents a potentially more accessible price point within a sought-after, newer community.
This property would suit first-time buyers or young families looking for a contemporary home without a premium lot premium, or value-focused buyers who prioritize the condition and space of the house itself over top-tier positioning within the neighbourhood. It’s a pragmatic choice for those wanting a foothold in a modern area with a home that requires no major updates.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data suggests it’s priced below the neighbourhood norm. With an assessed value ranking in the bottom 5% for Bridgwater Trails, you are acquiring a newer, spacious home at a value-oriented point. This could be an advantage for entry into the area.
2. What does the “unrenovated basement” mean?
The basement is finished but has not been updated since the home was built in 2019. It’s functional and adds living space, but may have a basic finish level compared to recently renovated homes.
3. How does the lot size compare?
At nearly 3,000 sqft, the land area is better than average for the street. This is a notable positive, offering good outdoor space for a newer subdivision home.
4. Why is the past sale price from 2019 so low?
The $322,000 sale in April 2019 was likely the initial purchase from the builder, representing the brand-new home price at that time. The current assessed value of $440k reflects market appreciation over five years.
5. Are the ranking statistics concerning?
They require nuanced interpretation. The home ranks highly for its newness, living area, and lot size. Its lower rankings for assessed value indicate it’s not a premium-priced property on its street or in the wider neighbourhood, which is the trade-off for its accessible price point.