Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, its key appeal lies in a recently renovated basement, adding valuable finished living space to the 1,504 sqft layout. The lot is a generous 4,344 sqft, providing good outdoor space for a newer neighbourhood.
The home’s profile is one of contrasts. It sits on a larger-than-average lot for the street and is newer than most homes in Winnipeg, yet its assessed value is notably modest compared to immediate neighbours. This suggests a potential value opportunity for a buyer comfortable with a home that may have simpler finishes or a smaller footprint than others on the crescent, but with the upside of a renovated basement and a prime community location. It would suit first-time buyers, small families, or investors seeking a property in a high-demand area without the premium price tag of the newest builds, and who value outdoor space and modern community amenities over a large garage or extensive upgrades.
Frequently Asked Questions
1. Why is the assessed value significantly lower than nearby properties?
While the home benefits from a renovated basement and a large lot, its overall living area is more compact than many neighbouring homes. The assessed value reflects factors like square footage, specific features, and market conditions at the time of assessment, which can create variance even on the same street.
2. What does "renovated basement" typically include in a home like this?
In this context, it generally means the basement has been finished into livable space, such as a recreation room, additional bedroom, or home office. For exact details on permits, layout, and finishes, a viewing and consultation with the listing agent is essential.
3. How does having no garage affect daily living in Bridgwater Trails?
This is a key consideration. Residents often rely on driveway parking and make use of the attached shed or basement for storage. The community's walkable design and proximity to amenities can offset this for some buyers, but it requires adaptation for vehicle storage and winter routines.
4. The home ranks low for its year built on the street. What does that mean?
This indicates that most homes on Bankfield Crescent were built more recently (around 2020, like the nearby comparison at 19 Silver Pines Court). This 2015 home is among the older ones on this specific street, though it remains newer than over 90% of Winnipeg's housing stock.
5. Is the modest assessed value a positive or a negative?
It can be viewed both ways. It may indicate lower property taxes, which is a benefit. For a buyer, it can represent a more affordable entry point into a desirable community. However, it’s important to understand the reasons behind it through a thorough inspection and market analysis to ensure it aligns with your valuation.