Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern property, built in 2020, offering a move-in-ready opportunity with a renovated basement. Its key appeal lies in its balance of being a newer construction within an established, popular neighbourhood. The home sits on a decent-sized lot (just under 3,000 sq ft) and features an attached garage.
The data presents a nuanced picture. While the living area is fairly standard for the immediate street and neighbourhood, the property ranks highly for its newness, placing it among the top 3% of homes by age in all of Winnipeg. This suggests lower immediate maintenance costs and modern building standards. The renovated basement adds functional living space. Its assessed value has risen steadily since its first sale in 2020, indicating stable market appreciation.
This home would suit first-time buyers or young families looking for a modern, low-maintenance home in a sought-after community without the premium of a brand-new build. It would also appeal to value-conscious buyers who prioritize a newer roof, furnace, and major systems, and who see potential in the already-finished basement for flexible living space.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,502 sq ft of living space, it is fairly typical for the street and Bridgwater Trails neighbourhood, ranking around the 80th percentile locally. The lot size is also consistent with area norms.
2. What does the "rank by year" data actually mean?
The rankings show this 2020-built home is newer than 97% of all properties in Winnipeg, placing it in the top 3% for age. On its own street, it’s newer than 91% of homes. This is a standout feature suggesting less short-term capital investment in big-ticket items like roofing or major appliances.
3. Has the property’s value increased?
Yes. It sold for $360,000 in 2020 and then for $465,000 in late 2022. The current assessed value is $456,000. This shows strong appreciation over a short period, with the current assessment aligning closely with the most recent sale price.
4. What are the less obvious pros and cons of this specific location on the street?
A thoughtful perspective: The direct neighbouring properties are very close (7-22 meters away), which is typical for the area but suggests less privacy. However, being a 2020 build surrounded by slightly older homes (many from 2017-2018, as seen in comparable listings) could mean your home has minor aesthetic or efficiency advantages.
5. Who might this property not suit as well?
Buyers seeking a very large interior or an exceptionally private, expansive lot may find this home too standard for the area. The data indicates it offers solid, modern fundamentals rather than standout size or land. It may also not suit those looking for an older, character-filled home or a fixer-upper project.