Property Overview & Key Characteristics
27 Rowntree Avenue is a modern two-storey home in Winnipeg's Bridgwater Trails neighbourhood, built in 2021. Its primary appeal lies in its newness, being newer than 98% of homes in Winnipeg, which suggests modern building standards, energy efficiency, and minimal immediate maintenance. The home features an attached garage and a full, unrenovated basement offering potential for future customization.
The property suits first-time buyers or young families seeking a move-in ready, low-maintenance home in a newer community. Its lot size is modest relative to the neighbourhood, but the home's modern construction is a significant trade-off. A thoughtful perspective is that while the interior living space is average for the area, the home’s age and condition offer a stable foundation without the surprise repairs common in older properties. It may particularly appeal to a pragmatic buyer who values a modern envelope and systems over a larger footprint or a finished basement.
Frequently Asked Questions
1. What does the "rank" data mean for lot size and value?
The rankings compare this property to others on its street, in the neighbourhood, and across Winnipeg. For example, the lot is larger than only 4% of others on Rowntree Avenue, indicating smaller yards are common here. Conversely, its assessed value is higher than 78% of Winnipeg homes, reflecting its newer construction in a desirable area.
2. Is the basement finished?
No, the basement is noted as "not renovated." It is a full, unfinished space, which presents both a blank canvas for future expansion and an immediate cost to consider if you desire additional living space.
3. How does the 2021 sale price compare to the current assessed value?
The home sold for $37,600 in February 2021 (likely during construction) and now has an assessed value of $47,500. This increase aligns with market trends and the transition from a new build to an established property.
4. What are the trade-offs of a newer home in Bridgwater Trails?
The key trade-off is space for modernity. You are acquiring a contemporary home with modern amenities, but the living area and lot size are generally more compact compared to older neighbourhoods. It's a choice prioritizing efficient design and newer systems over square footage.
5. Who might the similar "assessed value" properties be for?
The listed properties with identical assessed values ($47.5k) in other neighbourhoods like Elmhurst are for financial comparison. They help illustrate what this assessment level buys in different areas, often older homes on potentially larger lots, highlighting the value proposition of a newer build versus established lot size.