Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2022. Its key appeal lies in its balance of being a newer build with a recently renovated basement, offering move-in readiness. The home sits on a standard lot for the area and features an attached garage.
The property suits first-time buyers or young families looking for a contemporary home in a developed neighbourhood without the immediate concerns of major repairs or updates. Its newer age means it likely benefits from current building codes and efficiency standards. A thoughtful perspective is that while the living area is comfortable, the home ranks in the middle of its immediate street for size, suggesting a streetscape of consistent, modern homes rather than standing out as particularly large or small. The significant increase in assessed value since its 2022 sale indicates strong market recognition for the area and this home's condition.
Frequently Asked Questions
1. How does this home compare to others on the street?
It's a solidly middle-of-the-pack home on Windflower Road in terms of lot and living space, but it is newer than most. Its assessed value is above average for the street, which may reflect the renovated basement and its modern build.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request, as it could range from basic drywall and flooring to adding legal bedrooms or a full secondary suite.
3. Is Bridgwater Trails a developed community?
Yes. With homes dating back to around 2019-2022 in this immediate area, the neighbourhood is past the initial construction phase. You can expect established landscaping and community amenities, without the ongoing disruption of new building sites on every block.
4. Why has the assessed value risen so much since 2022?
The increase from its 2022 sale price is substantial. This can be attributed to a combination of the basement renovation, general market appreciation, and the home moving from a "new build" sale to a resale assessment that includes the value of the lot and finished home.
5. Are the property taxes high for this assessed value?
Not necessarily. A $55.4k assessed value in Winnipeg is in the top 11% city-wide, meaning the home is considered high-value. However, property tax is calculated using a mill rate applied to a percentage of this value. You should calculate the estimated tax using the current City of Winnipeg mill rate for a precise figure.