Property Overview: 426 Windflower Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home in the popular Bridgwater Trails neighbourhood is a modern, low-maintenance property built in 2021. Its key appeal lies in its balance of being a relatively new build—sparing the first owner from major immediate repairs—with the practical advantage of a renovated basement, offering instant extra living space. With over 2,000 sqft of living area and an attached garage, it fits the profile of a comfortable family home.
The property’s standout feature is its strong positioning within broader market comparisons. It ranks in the top tiers for being newer, larger, and of higher assessed value than most homes across Winnipeg, suggesting a solid investment in a desirable community. However, its 2021 sale price was notably lower than many immediate neighbours, which may indicate a good purchase opportunity or invite questions about the specifics of that transaction. This home would suit first-time buyers looking for a modern, move-in-ready property without the premium of a brand-new build, or growing families seeking established community amenities in a newer subdivision. A thoughtful perspective is that while the home scores highly on city-wide metrics, its street-level rankings are more average, highlighting Bridgwater Trails as a uniformly newer, high-quality area where this house is a strong, but typical, example.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or listing agent to understand the quality and potential uses of the additional space.
2. The home sold for $46,000 in 2021 but is now assessed at $61,300. What explains this?
The 2021 sale price is unusually low for the area and year, especially compared to similar nearby homes. This could be due to a non-arms-length transaction (e.g., between family members), a sale with conditions, or it may reflect the initial price before the home was fully completed. The current assessed value is more in line with area comparables.
3. How does this home compare to others on Windflower Road?
The data shows this home is newer than about 75% and larger than about 71% of homes on its own street. This means it's among the more substantial and modern properties on the block, though not the absolute largest or newest.
4. Is the $890k assessed value for 15 Windflower Road a typo?
This is a notable outlier in the provided comparable list. It's crucial to verify this figure through official assessment rolls, as it may be an error or represent a property with exceptional characteristics not applicable to 426 Windflower Road.
5. What are the property taxes likely to be?
Property taxes are calculated using the assessed value and the city's mill rate. With an assessed value of $61,300, you can estimate annual taxes by multiplying this value by Winnipeg's residential mill rate (approximately 1.25% to 1.3%), resulting in a rough estimate of $766 to $797 per year. Always confirm with the city for the exact amount.