Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails, built in 2015, offers a practical footprint on a good-sized lot. With 1,694 sqft of living space and a detached garage, it suits growing families or professionals seeking a modern, low-maintenance community. Its appeal lies in its balance: it's a newer build in a popular suburban area, yet its assessed value positions it as a more accessible entry point into the neighbourhood. The home ranks highly for its newer age compared to most of Winnipeg, suggesting modern construction standards, and its living area is spacious relative to other homes on its street.
The property would suit first-time buyers or young families looking for a turnkey home in a developed community without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize a larger lot (3,901 sqft) and newer infrastructure over a recently renovated interior, as the basement is noted as not being finished.
A less obvious perspective is the home's potential as a long-term hold in an area still seeing newer construction. While it ranks lower in "newness" within its immediate Bridgwater Trails neighbourhood, its 2015 build date means major components are likely still under warranty or in good condition, offering a sweet spot between new and established.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated, presenting a blank canvas for future expansion or storage.
2. How does this home compare to others on the street?
It ranks above average for living space (top 27% on the street) and is middle-of-the-pack for lot size and assessed value, indicating it's a competitively sized property in its immediate location.
3. What does the sale history tell us?
The home sold for $380k in 2020 and $482k in 2021. The current assessed value is $504k. This history shows significant appreciation during a hot market, with values now stabilizing closer to the assessment.
4. Is Bridgwater Trails a mature neighbourhood?
As a newer community, it is still developing. This home, built in 2015, is among the earlier phases. Buyers benefit from modern planning but should note that some amenities and landscaping may still be evolving.
5. How does the assessed value compare to similar homes?
At $504k, it sits in a common valuation band for Winnipeg, with comparable assessed values found in various neighbourhoods. This suggests the assessment is in line with broader market trends, not an outlier.