Property Overview
This 2022-built, two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle. Its key appeal lies in being a nearly new construction with an attached garage and a full, unrenovated basement offering potential for future customization. With 1,725 sqft of living space on a standard 4,986 sqft lot, it fits comfortably within the neighbourhood's typical offerings.
The home suits first-time buyers or young families seeking a move-in ready property in a newer community without the premium for a brand-new build. Its recent sale history shows strong value appreciation, suggesting a solid investment in a developing area. A thoughtful perspective is that the unrenovated basement, while not a finished feature, is a blank canvas that allows the next owner to add value and tailor the space to their needs without first undoing someone else's work.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data indicates this property is very modern compared to Winnipeg overall (newer than 98% of homes) and in Bridgwater Trails (newer than 96%). Its lot and living space are close to the neighbourhood median, making it a typical, well-sized offering for the community.
2. What does the sale history tell us?
It sold for $570,000 in November 2024, a significant increase from its 2022 sale price of $433,000. This suggests strong market growth in the area, though past performance is not a guarantee of future gains.
3. Who might this property not suit?
Buyers looking for a large, mature yard, a fully developed basement, or a home with extensive custom renovations already completed may want to look at older properties. This is a home for those who prefer a clean, modern slate.
4. Is the assessed value a concern?
The municipal assessed value ($529,000) is notably lower than the 2024 sale price. This is common, as assessed values for taxation often lag behind current market values. The recent sale price is a more accurate reflection of its worth.
5. What is the potential here?
The primary opportunity is in the undeveloped basement. Finishing this space could significantly increase the home's functional square footage and overall value. The newer build also means major components like roofing, windows, and appliances should have considerable life left, offering predictable upkeep costs.