Property Summary: 672 Bridge Lake Drive
Section 1: Overview & Appeal
This well-maintained two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle. Built in 2017, its key characteristics include a renovated basement, a detached garage, and a living area of over 1,700 sqft on a nearly 4,000 sqft lot. The home’s primary appeal lies in its balance of being newer construction within an established, family-friendly neighbourhood. Its assessed value ranks highly city-wide, suggesting solid build quality and desirability.
This property would suit first-time buyers or young families looking for a move-in-ready home without the concerns of an older structure. It also appeals to value-conscious buyers who appreciate that major systems are likely still under warranty and that the basement renovation is already complete. A thoughtful perspective is its potential for buyers who prioritize community amenities and walkable neighbourhoods, as Bridgwater Trails is known for its pathways and parks, offsetting the lot size which is modest for the area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 3,997 sqft, the lot is larger than 45% of properties on the same street but ranks below the neighbourhood average. It offers a manageable outdoor space for gardening or play without excessive upkeep.
2. What does the sale history indicate about the property's value?
The home sold for $452,000 in late 2020 and was initially purchased for $358,000 in 2017. The current assessed value of $520k reflects the strong market appreciation since its build date, which is newer than approximately 94% of homes in Winnipeg.
3. Who might the renovated basement appeal to?
The finished basement adds flexible living space, ideal for a growing family needing a playroom, home office, or guest area. It’s a key feature for buyers wanting immediate usable square footage without a project.
4. Is this considered a good value within Winnipeg?
Yes. The home’s assessed value places it in the top 15% city-wide, and its living area is larger than 82% of Winnipeg homes. This indicates you get above-average interior space for the value relative to the broader market.
5. What is the context of the "rankings" provided?
The rankings (e.g., "Top 55%") are percentile scores comparing this property to others on its street, in Bridgwater Trails, and across Winnipeg. For example, a "Top 75%" rank for year built in Winnipeg means it is newer than 75% of city properties, highlighting its modern status.