Property Overview: 609 Bridge Lake Drive
Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern, spacious property built in 2017. Its primary appeal lies in its generous scale and recent updates, positioned within a desirable newer community. The home sits on a large lot (5,866 sqft) and offers substantial living space (2,715 sqft), ranking it within the top 5% of the neighbourhood for size. A key feature is the renovated basement, adding immediate functional space. The attached garage and lack of a pool contribute to a practical, low-maintenance lifestyle suited to the Canadian climate.
The home’s standout characteristic is its strong performance in value metrics. It last sold in May 2023 for $91,500 above its current assessed value, suggesting a premium was paid for its condition, updates, or specific appeal. Statistically, it ranks highly for its lot size, living area, and assessed value within its immediate street, the wider Bridgwater Trails area, and across Winnipeg. This indicates a property that outperforms many of its peers in key measurable categories.
This home would suit buyers looking for a move-in ready, spacious family home in a modern suburb. It’s ideal for those who value ample indoor and outdoor space without the need for major renovations. The strong rankings suggest it would particularly appeal to data-driven buyers seeking a property with demonstrated market strength and a modern foundation. It may also attract buyers who appreciate the established landscaping and maturity a 9-year-old home offers over a brand-new build, while still feeling contemporary.
Frequently Asked Questions
1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specific details on the finish quality, rooms created (e.g., bedroom, recreational space), and permits should be verified with the seller or during a viewing.
2. How does the 2023 sale price compare to the current asking price?
The home sold for $91,500k in May 2023. The current listing price is not provided in this data, so a direct comparison is not possible. This previous sale price serves as a strong recent benchmark for the property's market value.
3. Are the high rankings for size and value typical for Bridgwater Trails?
Not entirely. While Bridgwater Trails is a newer community with generally larger homes, this property ranks in the top 5% for living area within the neighbourhood, meaning it is significantly larger than most homes around it.
4. What is the significance of the assessed value versus the last sale price?
The assessed value ($74.20k) is for municipal tax purposes. The 2023 sale price ($91,500k) is what a buyer actually paid. The large difference suggests the market valued specific features (like the renovation, lot, or interior finishes) far above the standardized assessment metric.
5. Is the property in a flood zone or affected by local water features?
Given the street name "Bridge Lake Drive" and its location in Bridgwater Trails, which is known for water features, it would be prudent to inquire about flood plain maps, lake access, or any related community fees or regulations.