Property Overview
22 Del Monica Road is a modern two-storey home in Winnipeg's Bridgwater Trails neighbourhood. Built in 2016, it sits on a 4,001 sqft lot and features 1,603 sqft of living space, a renovated basement, and a detached garage.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance of being a relatively newer build within a well-established, popular master-planned community. The renovated basement adds immediate functional space without the need for a major project. Its lot size is above average for the street, offering more outdoor room than many nearby properties.
The property suits first-time buyers or young families looking for a move-in-ready home in a sought-after area, who value the low-maintenance aspect of a newer build combined with the finished basement space. A thoughtful perspective is its positioning in the market: while not the largest home on the street, its assessed value sits squarely in the middle of the pack for the area, suggesting it is a competitively priced entry point into Bridgwater Trails without the premium of a brand-new construction.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home is newer than about 74% of properties on Del Monica Road and sits on a larger-than-average lot for the street. Its living area is comfortably in the middle range compared to immediate neighbours.
2. What is the significance of the assessed value?
The assessed value of $51,600 is typical for the neighbourhood, ranking near the median for both the street and Bridgwater Trails. This can indicate a stable, in-line valuation without unusual premiums or red flags.
3. What are the property taxes likely to be?
Property taxes are calculated using the assessed value and the City of Winnipeg's mill rate. With this assessed value, you can estimate annual taxes to be approximately $2,700-$3,000, but you should confirm with the city for the exact current rate.
4. The home sold in 2017 for $45,500. What does that mean?
That sale price reflects the home’s value nearly seven years ago as a new build. The current assessed value shows the property’s appreciated value since that initial purchase, which is a standard pattern for newer communities.
5. What are the advantages of a detached garage?
A detached garage can offer more flexibility for yard layout and potential future projects like a garden suite or expanded patio. It may also reduce noise transfer into the home from vehicles or a workshop area.