Property Overview & Key Characteristics
This two-storey home at 409 Windflower Road in Bridgwater Trails is a modern property built in 2017, offering a practical and low-maintenance living space. Its key appeal lies in its balance of being a relatively newer build in a popular suburban neighbourhood, with a decent-sized lot and a detached garage. The home features 1,580 sqft of living space and sits on a 4,181 sqft lot. It last sold in April 2024 for $470,000, which is significantly above its current assessed value of $46,800, indicating a strong market premium for the area and property type.
The property suits first-time buyers or young families looking for a move-in-ready home in a community with newer amenities, without the immediate concerns of major repairs. Its appeal is grounded in its modernity and neighbourhood, rather than high-end finishes or size, as the home ranks in the middle-to-lower tier within its own street for metrics like living area and year built. A thoughtful perspective is that this represents a "base model" opportunity in a desirable area—buyers are paying for the community and the structure, with room to potentially add value through future renovations, as the basement is noted as being unfinished.
Frequently Asked Questions
1. Why is the sold price so much higher than the assessed value?
This is common. The assessed value is for municipal tax purposes and often lags behind the actual market value, which is determined by what buyers are currently willing to pay for a home in that location and condition.
2. What does the ranking data (e.g., "Top 78%") mean?
These rankings compare this specific property against others on the same street, in the neighbourhood, and across Winnipeg. For example, "Top 78%" for living area on its street means its square footage is greater than 78% of homes on Windflower Road, placing it in the larger third of homes directly around it.
3. The home is only 9 years old. What might need attention?
While major systems like the roof or furnace likely have life left, this is around the age when initial builder-grade appliances, paint, and flooring may start showing wear and could be considered for updates. The unfinished basement also presents both a project and an opportunity.
4. How does this property compare to others in Bridgwater Trails?
The data shows it is a moderately sized home for the area. The provided comparisons indicate nearby homes built more recently (2021) are larger and have higher assessed values, suggesting this property may be one of the more accessible entry points into this specific community.
5. Is the detached garage a significant advantage?
In a newer suburb, a detached garage can be a plus for those who want a clear separation between vehicle storage and living space, or who envision using the garage for hobbies or workshops without concerns about noise or fumes entering the house. It also offers more flexibility for future laneway or garden suite potential, subject to zoning.