Property Overview: 316 Windflower Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a move-in-ready canvas in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balance of space, modernity, and location. With just over 2,000 sqft of living area, it provides ample room for a growing family or those who appreciate spacious layouts. The home sits on a nearly 5,000 sqft lot, offering good outdoor space for a newer community.
The data suggests a well-maintained property that has appreciated significantly since its last sale. Its living area and most recent sale price rank highly within Winnipeg overall (top 10% and top 5%, respectively), indicating strong market performance for its size and value. The attached garage and existing (though unrenovated) basement add practical utility and future potential.
This home would suit first-time buyers looking for a modern property without the wait of new construction, or young families seeking a established home in a newer community. It’s also a sensible fit for value-conscious buyers who want a solid, contemporary structure where they can personalize the interior or basement over time, rather than paying a premium for finished renovations.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for living space (top 39% on the street) and its last sale price was in the top quarter for the street. However, the lot size and year built are more middle-of-the-pack, positioning it as a comfortable, spacious home rather than the largest or newest on the block.
2. What does the sale history indicate?
The home sold for $445,000 in 2019 and then $645,000 in 2022, reflecting strong appreciation. The current assessed value is notably lower than the 2022 sale price, which is common; assessed value for taxation doesn't always equal current market value.
3. Is the basement finished?
No, the basement is described as "not renovated." This presents both a cost and an opportunity. Buyers should budget for finishing it, but they also have the chance to customize the space to their exact needs.
4. How does the neighbourhood of Bridgwater Trails rate for newer homes?
The home is newer than 96% of properties in Winnipeg, but within Bridgwater Trails itself, it's newer than only 65% of homes. This means the immediate area features many brand-new and recent builds, so this 2019 home is among the earlier builds in this developing community.
5. What are the property taxes likely to be?
The assessed value for municipal taxation is $554,000. You can estimate annual property taxes by multiplying this by the Winnipeg final mill rate (approximately 0.013 as a guide for 2024, but confirm current rates). This yields a rough estimate of about $7,200 annually.