Property Overview
This two-storey home on Windflower Road in Bridgwater Trails is a modern, low-maintenance property built in 2019. Its key appeal lies in its balance of being a relatively new build with a renovated basement, offering move-in readiness on a good-sized lot. The detached garage adds practical convenience. While its living space is comfortable, the home's standout characteristic is its strong value retention and appreciation, as evidenced by its sale history—selling for $550k in late 2024, a significant increase from its 2022 sale price. This suggests a well-regarded location within a sought-after newer community.
The property would suit first-time buyers or young families looking for a modern home in a developing neighbourhood without the concerns of an older structure. It also appeals to value-conscious buyers who prioritize a home with recent updates (like the basement) and data that indicates a solid investment trajectory within Winnipeg's newer suburban landscapes.
Frequently Asked Questions
How does this home compare to others on the street?
The home ranks in the middle to upper ranges for lot size and year built on Windflower Road. Its recent sale price, however, places it in the top 41% for the street, indicating it may offer superior finishes, condition, or positioning compared to many direct neighbours.
What does the sale history tell us?
The property sold for $57.5k in August 2022 and then for $550k in December 2024. This substantial increase aligns with the completion of the basement renovation and reflects strong market appreciation in the Bridgwater area over that period.
Is the living space typical for the area?
At 1,489 sqft, the living area is slightly above average for Winnipeg but is on the more compact side for both the immediate street and the Bridgwater Trails neighbourhood. This suggests an efficient use of space, which is common for newer builds, but buyers seeking larger square footage will find bigger homes nearby.
Why is the assessed value significantly lower than the sale price?
The assessed value of $51.10k is for taxation purposes only and is not intended to reflect market value. The recent sale price of $550k is the true indicator of its current market worth, influenced by renovations, market conditions, and buyer demand.
What is the practical benefit of the ranking data provided?
The rankings contextualize the property's metrics. For example, being newer than 96% of Winnipeg homes means minimal immediate repair costs. Conversely, being larger than only 17% of lots in the neighbourhood highlights that the appeal here is more about the modern home and community than expansive outdoor space.