Property Overview & Key Characteristics
This well-maintained, single-storey home in Bridgwater Trails offers modern living in a desirable, newer neighbourhood. Built in 2019, its key appeal lies in a move-in-ready package with a renovated basement, an attached garage, and a generous 6,148 sqft lot. The home’s recent sale history shows consistent value appreciation, and its assessed value ranks in the top tier for Winnipeg, suggesting a solid, long-term investment.
Its appeal is particularly grounded in practical, family-friendly living. The layout suits those seeking single-level convenience or a starter home with room to grow into the finished basement. The lot size is a standout, offering more outdoor space than many newer properties. This home would best suit first-time buyers, small families, or downsizers looking for a modern, low-maintenance property in a community with newer infrastructure, without the premium price tag of a brand-new build. A thoughtful perspective is that while the living area is modest for the street, this translates to lower utility and maintenance costs, and the premium lot size offers future potential for expansion or landscaping that larger homes on smaller lots cannot.
Frequently Asked Questions
1. How does this property compare to others in the area?
The home ranks very well in the broader Winnipeg context, especially for its newness (top 4%) and assessed value (top 4%). On its own street and immediate neighbourhood, it offers a larger-than-average lot, though the living space is more modest compared to some direct neighbours.
2. What does the sale history indicate?
The property has sold three times since 2020, each time at a higher price point, demonstrating steady market appreciation. The most recent sale in 2023 was significantly above the current assessed value, which can be a positive indicator of market demand for the home and area.
3. Is the basement fully finished?
Yes, the listing specifies the basement is renovated, indicating it is a finished, livable space that adds functional square footage to the home's 1,821 sqft main floor.
4. What type of neighbourhood is Bridgwater Trails?
It is a modern, master-planned community in Winnipeg known for newer homes, parks, trails, and contemporary amenities. The data shows properties here generally rank highly for value and newness city-wide.
5. Why is the assessed value lower than the last sale price?
Municipal assessed value for property tax purposes often lags behind current market values and is calculated using mass appraisal techniques. The difference between the 2023 sale price and the assessed value is not uncommon in a moving market and typically adjusts over time.