Property Overview
This two-storey home in Bridgwater Trails is a modern property built in 2021, offering a move-in-ready opportunity with the benefit of a builder warranty still likely in effect. Its key appeal lies in its above-average positioning within a newer, master-planned community. With a living area of nearly 2,400 sqft on a large 8,569 sqft lot, it provides substantial space both indoors and out. The home ranks in the top tiers for size, newness, and assessed value not just on its street, but across the wider neighbourhood and Winnipeg itself, suggesting a well-regarded and established property within a fresh development.
The home suits buyers seeking a low-maintenance, contemporary build in a family-oriented area without the wait and uncertainties of new construction. It’s ideal for those who value space and modern amenities but want to avoid immediate major renovations, as the basement is noted as unrenovated—presenting a blank canvas for future expansion. The strong rankings indicate it should hold its value well, appealing to both growing families and value-conscious investors looking at the long-term growth of the Bridgwater area.
Frequently Asked Questions
1. What does the "rank" data actually mean?
The rankings compare this property against others on its street, in Bridgwater Trails, and across all of Winnipeg. For example, ranking "better than 91% in Winnipeg" for land area means this lot is larger than 91% of all properties in the city, a significant advantage.
2. The assessed value is $65.70k, but what will it likely sell for?
Assessed value is for municipal tax purposes and is typically much lower than market value. The last sale was in 2021 for $50.80k, and the current market value will be determined by recent sales of comparable homes in Bridgwater Trails.
3. Is the basement finished?
No, the listing specifies the basement is "not renovated." This means it is likely an unfinished space, offering potential for future customization like a rec room, home gym, or additional bedrooms, but requiring an investment to complete.
4. How established is the neighbourhood and street?
Built in 2021, the home is on a young street. The high rankings suggest the homes were built to a good standard and the lots are desirable. Neighbours are close (25-50m), typical of newer subdivisions, fostering a community feel.
5. Why did it sell for $50.80k in 2021?
That was likely the initial purchase price from the builder for the lot and unfinished home structure, before construction was complete. The significant jump in assessed value since then reflects the completion of the home and the general appreciation in the area.