Property Overview: 64 Landover Drive, Bridgwater Trails
Key Characteristics & Appeal
This 2018-built, one-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle. Its key feature is a renovated basement, adding valuable finished space to the 1,006 sqft main floor. The attached garage and a decently sized 2,667 sqft lot provide practical convenience for a smaller home.
The primary appeal lies in its modern age and move-in readiness within a popular, newer community. It suits first-time buyers or downsizers seeking a contemporary, single-level layout without major renovations. The home presents a value-conscious entry point into Bridgwater Trails, a neighbourhood where many properties are larger and newer. A thoughtful perspective for buyers is to weigh the benefits of a modern, renovated home against its smaller living area relative to many neighbours, as the data shows it ranks in the top 1% for size within the immediate area. This makes it a pragmatic choice for those prioritizing newer construction and community over square footage.
Frequently Asked Questions
1. How does the property's value compare to the neighbourhood?
The home’s assessed value is higher than 74% of Winnipeg properties, indicating solid city-wide value. However, within Bridgwater Trails specifically, it ranks in the top 7%, meaning it is among the more affordable options in this desirable neighbourhood.
2. Is the living space smaller than average for the area?
Yes. With 1,006 sqft of living area, this home is notably more compact than many in Bridgwater Trails, ranking in the top 1% (meaning 99% of area homes are larger). This emphasizes its efficiency and likely lower utility costs.
3. What does the "renovated basement" typically mean for a 2018 home?
In a home this age, a basement renovation likely finished a previously undeveloped space, adding recreational, office, or guest quarters shortly after initial construction, enhancing its total usable area.
4. How does the lot size compare?
At 2,667 sqft, the lot is a practical size for a one-storey home, offering outdoor space without extensive maintenance. It is larger than 37% of lots on the same street.
5. What is indicated by the 2021 sale price compared to current assessments?
The home sold for $360k in May 2021. Its current assessed value is listed separately at $44.60k. It’s important to note that in Manitoba, the assessed value is not the market value; it is a figure used for calculating property taxes. Market value is determined by current local sales.