Property Summary: 75 Edge Park Crescent
Key Characteristics & Appeal
This is a modern, two-storey home built in 2024, located in the popular Bridgwater Trails neighbourhood. Its key characteristic is its newness, ranking among the newest homes in its community and across Winnipeg. With 2,176 sqft of living space and a 5,769 sqft lot, it offers above-average room for a growing family. The property includes an unfinished basement, presenting a clear opportunity for future customization and added value. Its appeal lies in the balance of a move-in-ready, contemporary build with the potential to personalize and expand. The strong assessed value ranking suggests it is positioned as a premium property within its area.
This home would suit buyers looking for a modern layout in a master-planned community who also appreciate having a project to make their own. It’s ideal for those who want a new build’s efficiencies and warranties but don’t mind completing the basement to their specific tastes over time. The lot size offers good outdoor space for a newer community, appealing to families.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this home against others on its street, in Bridgwater Trails, and across all of Winnipeg. For example, being newer than 100% of homes in the community means it is the absolute newest among comparable properties, which is a significant advantage for maintenance and modern standards.
2. Is the unfinished basement a drawback?
Not necessarily. While it requires an additional investment to finish, it allows the new owner to create exactly the space they need—a legal secondary suite, a home theatre, or a gym—without paying a premium for a previous owner’s choices. It represents potential equity growth.
3. How does the assessment value relate to the likely asking price?
The assessment value of $678,000 is for municipal tax purposes and indicates the home is valued in a high percentile. However, the market price will be influenced by current conditions, the home’s specific features, and buyer demand for new builds in the area.
4. What are the pros and cons of a very new home in a developing community?
Pros include modern building codes, energy efficiency, and minimal immediate repairs. Cons can include ongoing community construction, the gradual maturation of landscaping, and the need to establish neighbourhood character over time.
5. What is the significance of the lot size?
At over 5,700 sqft, the lot is generously sized for the community. This provides more private outdoor space than many newer subdivisions offer, which is a valuable and less replaceable feature than the home’s interior square footage.