Property Overview: 59 Valley Brook Road
Key Characteristics & Appeal
This is a modern, single-storey home built in 2020, situated on a large, nearly 10,000 sqft lot in the sought-after Bridgwater Trails neighbourhood. Its primary appeal lies in a combination of space, contemporary build, and a strong position within the broader market. The home offers over 2,200 sqft of living area and includes an attached garage and a full (unrenovated) basement, providing a solid foundation for future customization.
The property’s standout feature is its exceptional lot size, which ranks in the top 9% of the neighbourhood, offering rare outdoor space and potential in this community. While the home itself is newer and well-sized, its true value metrics are impressive: it ranks in the top 6% of Winnipeg for assessed value and its last sold price in 2022 places it in the top tier of all city sales. This suggests a property that has historically performed well as an investment within its category.
This home would suit buyers looking for a move-in ready, modern property with the bonus of a generous yard for gardening, play, or future expansion. It’s also a sensible choice for those who value a home with proven market strength in a popular suburban area, appealing to both growing families and long-term investors.
Frequently Asked Questions
What does the "rank" data actually mean?
The percentile rankings compare this property against others on its street, in Bridgwater Trails, and across all of Winnipeg. For example, being "better than 94% in Winnipeg" for assessed value means it is valued higher than 94% of all Winnipeg properties, indicating a strong perceived market worth.
The basement is noted as "not renovated." What should I expect?
This indicates the lower level is unfinished or in a basic builder-grade state. It presents a blank canvas for future development—like adding a rec room, home gym, or additional bedrooms—but will require an investment to realize that potential.
How does the 2022 sale price compare to today's likely value?
The home sold for $1,280,000 in late 2022, a price that ranked in the top 3% of the neighbourhood at that time. While current market conditions will determine today's value, this historical data points to it being a premium property in its area during the last transaction.
Is the lot size typical for Bridgwater Trails?
No, it's a significant advantage. At 9,945 sqft, the lot is larger than 91% of those in the neighbourhood. Many newer communities have smaller lots, making this a less common find for a 2020 home.
Why is the assessed value ($852,000) so different from the last sold price?
Municipal assessed value for property tax purposes is not the same as market value. It is an administrative valuation that often lags behind the current market. The significant difference here primarily reflects strong market appreciation at the time of the 2022 sale, not an inconsistency in the data.