Property Overview & Key Characteristics
20 Glen Ivy Court is a modern, two-storey home in Winnipeg's Bridgwater Trails neighbourhood, built in 2016. Its primary appeal lies in its balance of newer construction and established community living. The home sits on a generous lot that is larger than most on its street, offering good outdoor space. While the basement is unfinished, it presents a clean canvas for future expansion. The property ranks highly for its newer age compared to most of Winnipeg, suggesting modern building standards and less immediate need for major updates.
This home would suit first-time buyers or young families looking for a move-in-ready property in a popular suburban area, who value the potential to customize the basement over time. It also appeals to buyers seeking a home that is newer than the vast majority of the city's housing stock, potentially translating to lower maintenance costs in the near term. A thoughtful perspective is that its strong city-wide rankings for value and living area, contrasted with more average rankings within its immediate neighbourhood, indicate it's a solid, standard home in a desirable and competitive area—a prudent choice rather than a standout luxury property.
Frequently Asked Questions
1. Is the basement usable in its current state?
Yes, the basement exists and is functional, but it is noted as "not renovated," meaning it is unfinished. It provides valuable storage and utility space, with the potential for future development into living areas.
2. How does this property compare to others in Bridgwater Trails?
The data shows a mix. The home is newer than most in Winnipeg, but actually older than about 84% of homes in Bridgwater Trails itself, as it's a newer community. Its lot size is above average for the street, while its living area is fairly typical for the neighbourhood.
3. What does the "Assessed Value" figure represent?
The assessed value of $53.30k is the value assigned by the municipal government for taxation purposes. It is not the market value or listing price. It is useful for comparing the property's tax base relative to others, as shown in the comparison tables.
4. The home sold for $39.50k in 2016. Is that relevant today?
That was the price a decade ago, likely near its initial construction. It primarily serves as a historical benchmark and illustrates the property's original purchase price, but it is not indicative of current market value.
5. Are the nearby and similarly valued properties good comparables?
The listed properties provide context. "Worth viewing" and "For reference" suggestions are likely based on similar assessed value, size, or age. True market comparables should be determined by a current sales analysis of similar recently sold homes in the area.