Property Overview & Appeal
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2018. Its key appeal lies in its balance of being a relatively new build in a popular suburban neighbourhood, requiring less immediate upkeep, while being priced accessibly compared to brand-new constructions. The lot is a generous size for the area, ranking in the top 9% on its street.
The home would suit first-time buyers or young families looking for a move-in-ready, modern home without a premium price tag. It's also a practical choice for those who value a newer building envelope (roof, windows, furnace) for predictable utility and maintenance costs. A less obvious angle is its appeal to value-focused buyers who see potential in the unfinished basement—a blank canvas for future expansion without the initial cost being factored into the purchase price.
Key Details & FAQs
Key Characteristics:
- Built: 2018
- Style: Two Storey
- Living Area: 1,479 sqft
- Land Area: 4,426 sqft
- Basement: Yes, unfinished
- Garage: None
- Recent Sale Price (Feb 2025): $517,000
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Trails?
The home is newer than about half the houses in the neighbourhood, but its living space is more compact, ranking in the top 86% (meaning 86% of area homes are larger). Its recent sale price, however, was stronger, surpassing 46% of neighbourhood sales. This suggests you're paying a premium for the home's newer age and condition rather than its size.
2. Is the lack of a garage a significant drawback?
This depends on your lifestyle and storage needs. Many newer neighbourhoods have strict bylaws against permanent outdoor sheds, so storage solutions for tools, bicycles, and seasonal items will require creative planning, such as utilizing the unfinished basement or investing in a permitted shed if allowed.
3. The assessed value is much lower than the sale price. Why?
Municipal assessed value for tax purposes often lags behind the current market and is based on mass appraisal techniques. The sale price reflects what a buyer was willing to pay in the competitive 2025 market. The significant jump from its 2021 sale price of $443,000 highlights strong market appreciation for the area and property type.
4. What does the "unfinished basement" mean for me?
It offers both flexibility and a cost-saving opportunity. You avoid paying for someone else's renovation choices and can finish the space to suit your needs over time. However, you should budget for this future project and consider factors like ceiling height and window well sizes for potential bedrooms.
5. The home sold recently. What does this listing represent?
This is a detailed record of that completed sale. It provides transparent market data for neighbourhood comparison. For a buyer, it's a valuable benchmark for understanding what similar properties have actually sold for, beyond just asking prices.