Property Overview & Appeal
This two-storey home on a generous lot in Bridgwater Trails is a modern, low-maintenance property with proven value growth. Built in 2017, its key appeal lies in a desirable balance: it offers a newer build's advantages without the premium of a brand-new home. The renovated basement adds immediate functional space. Its standout characteristic is its strong market performance; it ranks in the top tiers of Winnipeg for assessed value and recent sale price, suggesting a solid and desirable investment in a sought-after community. The lot size is notably larger than most in the area, providing excellent outdoor space for a newer neighbourhood.
This home would suit move-up buyers looking for established landscaping and finished spaces without major projects, or professionals seeking a modern, efficient home in a family-friendly area with high resale metrics. It also appeals to value-conscious buyers who appreciate data-driven evidence of a property's worth within the broader market.
Frequently Asked Questions
1. How does the "ranking" data work?
The rankings compare this property against others on its street, in Bridgwater Trails, and across all of Winnipeg. For example, ranking "better than 88% in Winnipeg" for living area means it's larger than the vast majority of homes in the city, highlighting its above-average size.
2. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for property tax purposes often lags behind the current market and is calculated using a specific formula. The 2023 sale price of $990k is a clearer reflection of its actual market value.
3. What does the lot size mean for me in this neighbourhood?
At over 7,700 sq ft, this lot is larger than 83% of those on its street. In a newer community like Bridgwater Trails, this provides more private outdoor space than is typical, a valuable and less common feature for homes of this age.
4. The home is only 9 years old. What might need attention soon?
While still modern, key components like the HVAC system, water heater, and roof will be approaching the midpoint of their typical lifespans. A pre-purchase inspection is advised to assess their current condition.
5. What is indicated by the strong rankings in assessed and sold value?
Consistently ranking in the top 10-15% of the neighbourhood and city for both assessed and sale value indicates the property is not only desirable but also holds its value exceptionally well compared to peers. This suggests a strong location within Bridgwater Trails and a property that has historically outperformed the market average.