Property Overview
This single-storey home in Bridgwater Trails, built in 2016, presents a practical opportunity in a modern Winnipeg neighbourhood. Its key appeal lies in being a relatively newer, low-maintenance property with a detached garage and full, unfinished basement on a standard-sized lot. The home suits first-time buyers or downsizers looking for a move-in-ready, single-level layout without the concerns of an older property. It also appeals to value-focused buyers who see potential in the blank canvas of the basement for future customization.
While the living space is compact compared to many in the area, this is balanced by the home's younger age, which ranks it among the top 7% newest in Winnipeg. The recent sale price suggests a market value that acknowledges the functional layout and desirable location within the broader community. Buyers should note that the property's assessed value and recent sale price are notably higher than most direct neighbours, indicating it may be one of the more premium offerings on this particular street.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in south Winnipeg. It features newer homes, parks, and walking paths, designed with a focus on contemporary suburban living.
2. Is the basement finished?
No, the basement is unfinished. This provides a blank slate for future expansion or storage, but would require investment to develop into living space.
3. How does this home compare in size to others nearby?
The living area is more compact than over 95% of homes in both the immediate street and the broader Bridgwater Trails neighbourhood, making it one of the smaller floor plans in the area.
4. What does the "rank" information mean?
The rankings compare this property against others on its street, in Bridgwater Trails, and across Winnipeg for metrics like lot size, year built, and value. For example, being newer than 93% of Winnipeg homes is a strong point, while having a smaller living area than most direct neighbours is a consideration.
5. Why is there a difference between the assessed value and the last sale price?
The 2023 sale price of $455,000 is higher than the current $430,000 assessed value. Assessments are for municipal tax purposes and can lag behind market shifts. The sale price is a clearer indicator of what a buyer recently paid for the home.