Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2019. Its key appeal lies in its balance of being a relatively new build with an already renovated basement, offering move-in readiness. The attached garage and a standard residential lot size round out the practical features.
The home’s statistical positioning provides nuanced insight. While its living space is comfortably above average for its immediate street, the lot size is more modest within the broader neighbourhood. This suggests a property that prioritizes the home itself over extensive outdoor space. Its strong rankings for being newer than most homes in Winnipeg and its current assessed value being high for its street indicate a well-regarded and modern asset in a popular area.
This property would suit first-time buyers or young professionals seeking a modern home without immediate renovation needs. It would also appeal to downsizers looking for a newer, manageable property with the finished space of a basement, but without a large yard to maintain.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 2,556 sqft, the lot is larger than only 34% of properties on the same street. This means the yard is likely more compact than many neighbours, which can mean less maintenance but also less private outdoor space.
2. The assessed value seems high for the street. What does that indicate?
The assessment of $50.30k is better than 87% of homes on Silver Creek Road. This typically reflects the home's newer age (2019) and renovated condition compared to the street's average, suggesting it is viewed as an above-average property on this block.
3. What is the history of price appreciation?
The home sold for $346k in 2019 and then $465k in 2021. This shows significant growth in its first two years. The current assessed value sits above that last sale price, though market conditions should always be verified independently.
4. Is the basement renovation reflected in the living area square footage?
No. The living area is listed as 1,514 sqft, which typically refers to above-grade space. The renovated basement is additional, finished space not included in that official figure.
5. How does this home fit within Bridgwater Trails overall?
The data shows a mix: it's newer than 65% of the neighbourhood, but its lot and living area are smaller than most. This positions it as a modern, interior-focused home in a community where some properties may offer larger footprints or yards.