Property Summary: 761 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering the advantage of newer construction with contemporary building standards and minimal initial maintenance. Its key features include a renovated basement and an attached garage. The home sits on a notably generous lot for the area, with a land area ranking in the top 10% of its immediate street, providing more outdoor space than most neighbouring properties—a valuable and less common find in newer communities.
The appeal lies in this balance of newness and space. While the living area is modest relative to the lot size, the home suits buyers prioritizing a low-maintenance, move-in-ready property with room to grow outdoors, whether for gardening, play, or future expansion. It would particularly suit first-time buyers or young families seeking a modern home in the popular Bridgwater Trails area, who value a larger yard over a larger floor plan. A thoughtful perspective is the home’s strong ranking for "newness" within Winnipeg (top 3%), which suggests long-term advantages in systems efficiency and reduced near-term repair costs compared to the broader market.
Frequently Asked Questions
1. How does the lot size compare to typical homes in the area?
The property’s land area of 2,986 sq ft is a standout feature, ranking better than 90% of homes on the same street. This means you’re getting more yard space than most comparable properties in this community.
2. What is the history of the property’s value?
The home was last sold in March 2022 for $53.10k. Its current assessed value is $50.20k. As with any assessment, it’s a snapshot for taxation purposes and a starting point for market valuation discussions.
3. Is the basement finished?
Yes, the basement has been renovated, adding to the liveable space of the home.
4. How does the home’s age compare to the neighbourhood?
Built in 2020, the home is newer than approximately 79% of properties in the Bridgwater Trails neighbourhood, placing it comfortably among the more modern homes in the area.
5. What are the nearby comparable properties?
The listing notes nearby homes on the same street with similar assessed values, such as 560 Elmhurst Road and 95 Brittany Drive, which can provide useful context for the local market.