Property Overview & Key Characteristics
This 2022-built two-storey home in Bridgwater Trails offers modern living with established appeal. Its key strength lies in its above-average positioning within a newer, desirable neighbourhood. With 2,728 sqft of living space on a 6,403 sqft lot, it ranks in the top 25% of its street for size and in the top 4% of the entire Bridgwater Trails area. The home includes an attached garage and a renovated basement.
The appeal is rooted in its balance of new construction benefits—like modern building standards and minimal immediate maintenance—with the settled feel of a neighbourhood where values are well-established. Its assessed value ranks in the top 2% citywide, suggesting strong foundational equity. The property suits buyers looking for a move-in-ready, spacious family home in a prime pocket of a master-planned community, particularly those who value statistical standing and newer infrastructure without being the first owner.
A less obvious perspective is that this home, while new, is no longer a "builder-fresh" spec home. It has a brief history (sold in 2022) and a renovated basement, indicating thoughtful updates and a lived-in character that can be preferable to a stark, never-occupied build.
Frequently Asked Questions
1. How does the "ranking" data work?
The percentile rankings compare this property against specific groups (its street, neighbourhood, and all of Winnipeg) for metrics like lot size, living area, and assessed value. For example, "Top 4% in neighbourhood" for living area means 96% of homes in Bridgwater Trails are smaller.
2. What does the difference between the 2022 sale price and current assessed value indicate?
The home sold for $74.5k in March 2022 and now carries a $78.9k assessed value. This increase reflects market appreciation and the added value of the basement renovation, but it's important to note that assessed value is for municipal taxation and may differ from current market value.
3. Is the renovated basement a legal suite?
The listing states the basement is "renovated" but does not specify it as a legal secondary suite. Buyers should verify the renovation permits and compliance with local zoning if considering rental income potential.
4. What is the community of Bridgwater Trails like?
As a part of the larger Bridgwater master-planned community, it typically offers parks, pathways, and nearby amenities. Being a 2022 build, this specific section is among the newer phases of the development.
5. Why are the compared properties at 408 Cherrywood and 103 Valley Brook Road considered "worth viewing"?
These are suggested as comparable viewings because they are in the same neighbourhood, were built the same year, and have similar assessed values, providing a direct benchmark for size, finish, and price within this specific market segment.