Property Overview
This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2019, it presents a move-in ready property with an attached garage and an unfinished basement, providing a blank canvas for future expansion. The appeal lies in its balance of contemporary construction and potential for personalization. While its living space is comfortably sized, the property’s standout feature is its lot size, which is notably larger than many in the immediate area, offering more outdoor space than typical for newer builds in this neighbourhood. It suits first-time buyers or young families looking for a modern home in a popular area without the premium price of a fully renovated or custom-built property, as well as value-conscious buyers who see the unfinished basement as an opportunity to add equity tailored to their own needs.
Key Details & FAQs
- Key Characteristics: A 2019 two-storey home with 1,504 sqft of living space, an attached garage, and an unfinished basement on a 2,556 sqft lot in Bridgwater Trails.
- Primary Appeal: A modern, low-maintenance build on a larger-than-average lot for the street, offering immediate livability with the long-term potential of basement development.
- Ideal For: First-time buyers, young families, or investors seeking a contemporary property in a growing community, particularly those who value outdoor space and see an unfinished basement as a customizable asset rather than a drawback.
Frequently Asked Questions
How does this home compare to others on the street?
It occupies a unique position. While its living area and assessed value are mid-range for Silver Creek Road, it sits on one of the larger lots (top third for lot size) and is one of the newer homes (top 7% by build year), suggesting a premium location within the street.
What does the "unfinished basement" entail?
The basement is a blank slate—it is structurally complete with rough-ins for utilities but lacks interior walls, flooring, and finished ceilings. This represents both a cost-saving on the purchase price and a future opportunity to add significant living space and value according to your own specifications and budget.
Is the assessed value a reliable indicator of the selling price?
Not directly. The assessed value of $461,000 is for municipal tax purposes. Market value is determined by current supply, demand, and recent sales of comparable homes. The provided comparable listings with similar assessments but in different neighbourhoods highlight how location heavily influences actual market price.
What is the Bridgwater Trails neighbourhood like?
It's a modern, master-planned community in south Winnipeg known for its parks, pathways, and newer housing stock. The property data shows this home is newer than about 65% of homes in the broader Bridgwater area, placing it firmly in the newer phase of the community's development.
Why are the historical sale details from 2019 relevant?
The home sold for $358,000 when new. Comparing that to its current assessed value provides a general indicator of market appreciation over five years, though it's essential to get a current market evaluation for an accurate present-day value.