Property Summary: 741 Bridge Lake Drive, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails community. Its key appeal lies in its balance of being a relatively new build—ranking newer than 97% of homes on its street—while sitting on a larger-than-average lot of over 5,300 sqft. The home features 1,774 sqft of living space, an attached garage, and an unfinished basement, presenting a blank canvas for future expansion.
The property’s strength is its solid positioning within a desirable, newer neighbourhood. It ranks better than average for both lot size and assessed value on its street and within Winnipeg overall, suggesting a well-regarded location with room to grow outdoors. It suits first-time buyers or young families looking for a modern, low-maintenance home without an older property’s renovation concerns. The unfinished basement is a key feature for a specific buyer: it appeals to those who want to customize additional living space to their exact taste and timeline, potentially adding significant value. It’s a home for someone who values a move-in-ready main living area but has a vision for the future.
Section 2: Frequently Asked Questions
1. What does the "ranking" data mean?
The percentile rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, being "better than 97% in same street" for year built means it is one of the newest homes in the immediate area.
2. Is the basement included in the living area square footage?
No. The listed living area of 1,774 sqft does not include the basement, which is noted as unfinished and not renovated.
3. Why is the assessed value important?
The assessed value ($53.30k) is used for municipal tax purposes. It can be a general indicator of how the municipality views the property’s worth relative to others, but the market sale price is determined between buyer and seller.
4. The home sold in 2021 for $48.70k; what does that indicate?
That was the price when the home was brand new, five years ago. The increase in assessed value since then reflects market changes and the establishment of the community.
5. Who might this property not suit?
It may not suit buyers seeking a fully finished, turn-key home with a developed basement or those wanting an established, mature landscape. It’s ideal for owners comfortable with a project or who prefer to defer basement finishing.