Property Overview: 32 Landover Drive, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2018, presents a modern, low-maintenance living option in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of space and contemporary build. With 1,674 sqft of living area, it offers more interior space than most homes on its street and across Winnipeg, while the attached garage and unrenovated basement provide practical storage and future potential. The property suits first-time buyers or young families seeking a relatively new home in a developed community without the premium price of a brand-new build. It also appeals to value-conscious buyers who prioritize a solid, modern structure and are comfortable with a home that may benefit from personal updates over time.
A thoughtful perspective considers the property’s positioning within its immediate area. While its living space ranks highly on the street, its overall land area and assessed value are more middle-of-the-road for the Bridgwater Trails neighbourhood. This suggests it’s a comfortable, in-community option rather than a standout luxury property, ideal for someone who wants the amenities and feel of the area without paying for the largest lot or most premium finishings.
Frequently Asked Questions
1. What does the "unrenovated basement" mean?
The basement is finished but has not been updated since the home was built in 2018. It’s a blank canvas, allowing the next owner to customize it to their taste without needing to undertake a full, costly initial finishing.
2. How does the assessed value compare to the last sale price?
The current assessed value is $48,400, which is notably higher than the $40,400 it sold for in August 2019. This increase reflects market appreciation over the past five years, though buyers should note that assessed value is for taxation and may differ from market value.
3. Is the lot size a concern?
The land area of 2,667 sqft is smaller than many lots in the neighbourhood, ranking in the bottom third locally. This means a more manageable yard with less maintenance, but offers less private outdoor space than some other properties in Bridgwater Trails.
4. What is the neighbourhood ranking based on?
The rankings compare this property to others on the same street, in Bridgwater Trails, and across Winnipeg for metrics like size, age, and value. For example, its living area ranks very high on its street, but its year built is around the middle for the area, indicating it’s among newer homes city-wide but average for this specific community.
5. Why are the comparable properties listed in Elmhurst?
The "similar assessed value" comparables are generated based on municipal assessment value for tax purposes only ($48.40k). They are not necessarily similar in style, size, or neighbourhood; they simply share an identical assessed value, highlighting why market evaluation should look beyond this single figure.