Property Overview & Key Characteristics
This two-storey home at 397 Windflower Road in Bridgwater Trails is a modern, low-maintenance property built in 2018. Its primary appeal lies in its balance of being a relatively new build (newer than 95% of Winnipeg homes) on a good-sized lot, offering a move-in-ready canvas without the concerns of an aging structure. The 1,606 sqft living area is spacious for its class, ranking above average for Winnipeg. Key features include an unfinished basement, presenting a clear opportunity for future customization and added value, and the absence of a garage, which keeps costs down and allows for potential addition of a driveway or detached garage.
The property suits first-time buyers or downsizers seeking a modern home in a developed community without a premium price tag. It’s also a practical fit for buyers who view an unfinished basement as a benefit rather a drawback, preferring to customize the space to their exact needs over time. The lot size is a notable asset for the neighbourhood, offering better outdoor space than many comparable homes. Value-focused buyers will note its assessed value is stable relative to its recent 2023 sale price, suggesting a fair market entry point.
Frequently Asked Questions
1. What is the significance of the "rank" statistics provided?
These rankings compare this property against others on its street, in Bridgwater Trails, and across all of Winnipeg for metrics like size, age, and value. For example, being newer than 95% of Winnipeg homes is a strong point, while its lot size ranks highly on its own street.
2. The basement is listed as "not renovated." What does that mean?
It means the basement is unfinished. It’s a blank space with bare walls, floors, and ceilings, awaiting drywall, flooring, and design. This is a common feature in newer homes and allows the next owner to finish it to their taste and budget.
3. There is no garage. Is adding one a possibility?
Given the good lot size (4,181 sqft), there is likely physical space for a future detached garage or carport, subject to local zoning bylaws and community covenants. This is a key point to investigate for buyers who require sheltered parking.
4. How does this home compare to others on Windflower Road?
The data shows it has a larger lot than 85% of homes on the street, but its living area and assessed value are in the lower third. This indicates you're getting more outdoor space relative to the home's size and price compared to many direct neighbours.
5. The home sold in early 2023. What does that recent sale indicate?
The January 2023 sale price of $48.3k is close to the current assessed value of $45.6k. This recent transaction provides a concrete, modern benchmark for its market value, suggesting stability rather than speculative pricing.