Property Overview
This two-storey home in Bridgwater Trails presents a practical opportunity in a modern Winnipeg neighbourhood. Built in 2019, it offers a low-maintenance start with the core systems and finishes still within their typical lifespan. The appeal lies in its balance: it's a newer build on a good-sized lot (3,819 sqft) with an attached garage, yet it sits at a more accessible price point compared to many newer homes. The property has seen steady value growth since its 2019 sale, indicating a stable investment in a sought-after area.
It would suit first-time buyers or young families looking for a move-in-ready home in a community with newer infrastructure, without the premium of a brand-new build. It's also a sensible option for value-focused buyers who prioritize a modern foundation and are comfortable with a home that may need personalization over time, as the basement is noted as unrenovated. The lot size is a notable asset for the area, offering more outdoor space than many comparable properties.
Frequently Asked Questions
1. What does the "Top %" ranking mean for the property?
These rankings compare this specific home against others on its street, in Bridgwater Trails, and across Winnipeg for metrics like lot size and year built. For example, being newer than 96% of Winnipeg homes is a strong point, while the assessed value ranking suggests it is priced more modestly than many peers, which can be an opportunity.
2. Is the basement finished?
No, the basement is not renovated. This presents both a project and potential. It allows a new owner to customize the space to their needs but requires planning and budget for development.
3. How has the property's value changed over time?
The home sold for $351,000 in late 2019 and then for $486,000 in March 2023. This represents significant appreciation. The current assessed value is slightly below that most recent sale price, which is common and reflects the municipality's valuation for tax purposes.
4. How does the living space compare to the neighbourhood?
At 1,621 sqft, the living area is fairly typical, ranking near the middle for the street and neighbourhood. The standout feature is actually the land area, as the lot is larger than many, offering more yard space.
5. What are the immediate next-door properties like?
The listing shows several nearby addresses on Bridge Lake Drive, all within mere meters. This indicates a tight-knit street section with very close neighbours, typical of newer subdivisions, which some find appealing for community feel.