Property Overview
This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a newer Winnipeg community. Built in 2016, it sits on a standard lot with a detached garage and features a renovated basement, adding valuable finished living space. The home’s primary appeal lies in its balance of contemporary construction and established neighbourhood development. While its living area is modest, the finished basement effectively expands the usable space. The property’s assessed value ranks highly city-wide, suggesting it is viewed as a solid asset within the broader market, though it is more average within its immediate street and neighbourhood context. This home would suit first-time buyers or young families seeking a move-in ready property without the concerns of an older home, as well as downsizers looking for a modern layout without a large yard to manage. A thoughtful perspective is that while the home is newer, the 2016 build date means major components like the roof, HVAC, and appliances are nearing a decade old, so buyers should budget for upcoming maintenance cycles.
Frequently Asked Questions
What does the ranking data actually mean?
The percentile rankings compare this property to others in its street, neighbourhood, and all of Winnipeg. For example, its assessed value is in the top 18% city-wide but only the top 65% within Bridgwater Trails, indicating it’s a strong value for Winnipeg but more typical for this specific, desirable area.
Is the basement renovation permitted and finalized?
The listing notes the basement is renovated. A key due diligence step is to verify that any major work was completed with the proper permits and inspections to ensure quality and compliance, which protects your investment.
How does the 2016 build date affect me?
A home built in 2016 is past the initial builder warranty period. While still modern, components like the furnace, water heater, shingles, and appliances are approaching common replacement ages, so a thorough inspection is advised.
Why is the last sale price from 2017 significantly lower?
The home sold for $40,600 in early 2017, which is likely the original lot price before the home was built. The current assessed value of $49,500 reflects the completed property, making a direct price comparison misleading.
What is the community vibe in Bridgwater Trails?
As a planned community developed in the 2010s, Bridgwater Trails offers newer amenities, parks, and pathways. It attracts a mix of young professionals and families, with a more suburban feel and consistent streetscapes.