Property Overview
This two-storey home in Bridgwater Trails presents a compelling opportunity for buyers seeking a modern, low-maintenance property. Built in 2020, it offers the benefit of newer construction with contemporary building standards and minimal immediate repair concerns. The home’s key appeal lies in its balance of space and location. With a generous living area of over 2,200 sqft, a fully renovated basement, and an attached garage, it provides ample room for a growing family or those who enjoy hosting. The lot size is above average for the immediate street, offering a bit more outdoor space than many neighbouring properties.
Its strongest suit is its value positioning within the wider Winnipeg market. The assessed value ranks in the top tier city-wide, suggesting a solid investment in a desirable, newer community. However, the home’s sale history indicates it was purchased significantly below its current assessed value, which may invite questions about market appreciation or the assessment itself. This property would suit first-time buyers looking for a move-in-ready home without the worries of an older structure, or young families attracted to the amenities and pathways of the Bridgwater area. It’s also a practical choice for those who prioritize a modern layout and finished spaces over the character of an older neighbourhood.
Frequently Asked Questions
1. How does the assessed value compare to recent sales in the area?
The home’s assessed value of $710k is notably higher than its last sale price in 2020 and is competitive with the assessed values of similar, slightly larger nearby homes built in 2022. A buyer should investigate recent actual sale prices (not just assessments) in Bridgwater Trails to understand the current market.
2. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specifics on the finish quality, layout, permits, and whether it includes a legal suite or additional bedrooms are not provided. This would be a key point for viewing and discussion with the seller.
3. Is the property part of a homeowner's association (HOA) or have any monthly fees?
As part of the newer Bridgwater Trails community, it’s important to inquire about any mandatory community association fees, which are common in such developments and cover shared amenities and green space maintenance.
4. The lot is larger than many on the street, but how is the privacy and orientation?
The lot ranks better than 12% on its street for size, meaning it's larger than most immediate neighbours. Viewing the property will clarify its backyard privacy, sun exposure, and proximity to adjacent homes, which can vary even on the same block.
5. Given its 2020 build date, are there any builder warranties still in effect?
Newer homes often come with Tarion or builder warranties for major structural elements and systems. A buyer should determine what, if any, remaining warranty coverage is transferable and what major components (roof, HVAC, etc.) might be approaching the end of their coverage period.