Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2021. Its primary appeal lies in its balance of new construction benefits and established community living. The home features 1,820 sqft of living space, an attached garage, and a full, unfinished basement on a 4,666 sqft lot. Key data points show it is newer than approximately 90% of homes in its immediate area, offering the appeal of modern building standards without the wait of a new build.
The property would suit first-time buyers or young families seeking a turnkey home in a developed neighbourhood, as well as downsizers looking for a manageable two-storey layout without major renovation needs. A thoughtful perspective is its potential for value growth through basement development, which is a clear, blank-canvas project for an owner. Its consistent value increase since 2021, coupled with its ranking in the top 15% of Winnipeg for living space, suggests it offers above-average roominess for a newer home, which is a less obvious advantage in modern subdivisions.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its newness (newer than 94% of homes on Cherrywood Road) and has above-average living space for the street. Its lot size is more typical, ranking around the middle.
2. What does the sale history indicate?
The home has appreciated significantly since its first sale in July 2021 ($442k) to its last recorded sale in May 2022 ($663k). This suggests strong initial value growth in the development phase.
3. Is the basement usable in its current state?
The basement is full and unfinished. It presents a clear opportunity for future customization and added living space but requires a full renovation to be finished living area.
4. What are the property taxes likely to be?
The assessed value for tax purposes is $529,000. Taxes can be estimated by applying Winnipeg's current tax rate to this assessment figure.
5. How does the neighbourhood feel for a newer community?
Bridgwater Trails is well-established, with most nearby homes built in the last 5-10 years. The presence of directly comparable homes from 2022 on the same street indicates a consistent, modern streetscape.