Property Overview
This 2022-built, one-storey home in Bridgwater Trails offers modern living with a practical, move-in-ready layout. Its key appeal lies in being a nearly new property that combines a spacious, well-sized lot with the low-maintenance convenience of a single-level floor plan. The home features an attached garage and a renovated basement, adding valuable finished living space.
The property is particularly suited to first-time buyers seeking a modern home without the wait of new construction, downsizers looking for a manageable single-storey layout in a newer community, or small families who value the safety and amenities of the planned Bridgwater Trails neighbourhood. Its strong rankings for lot size and newness within Winnipeg suggest it’s a solid, above-average holding in the broader market.
Key Details & Perspectives
- Character & Appeal: A contemporary, low-maintenance bungalow on a larger-than-average lot for its area. The renovated basement immediately expands usable space, making it feel larger than the main floor square footage alone might suggest.
- Market Position: The data indicates a property that has appreciated well since its 2022 sale, now positioned in the top tiers of Winnipeg for its newness and assessed value. Notably, it sits on a lot that is larger than most on its street, offering good outdoor space for a newer community.
- Ideal Buyer: Best for those prioritizing ease of living, modern building standards, and a quiet, family-oriented neighbourhood. It’s a pragmatic choice for buyers who want a newer home but may find brand-new construction lots less spacious or more expensive.
Frequently Asked Questions
1. Is the basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local zoning and building codes if considering rental income potential.
2. Why is the living area square footage ranked lower than other features?
At 1,427 sqft, the main living area is comfortable but smaller than many homes in the immediate street and neighbourhood. This is balanced by the renovated basement and the larger lot size, shifting the value toward outdoor space and total usable area.
3. What does the sold price history tell us?
The home sold for $430,100 in 2022 and then $615,000 in 2024. This significant increase reflects strong market appreciation and likely the value added by the basement renovation. It suggests the current price is informed by a very recent, high comparable sale.
4. How does the lot size compare?
The 5,830 sqft lot is larger than 66% of lots on the street. In newer communities like Bridgwater Trails, this is a notable advantage, offering more private outdoor space than typical newer builds.
5. What are the community amenities like in Bridgwater Trails?
As a planned community, it typically features parks, pathways, and nearby retail centres. Prospective buyers should explore the specific trails, playgrounds, and shopping proximity to this section of the neighbourhood to confirm it meets their daily needs.