Property Overview: 95 Edge Park Crescent, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2021, presents a compelling opportunity in Winnipeg’s popular Bridgwater Trails community. Its primary appeal lies in a combination of modern construction and above-average space. With 2,157 sqft of living area and a notably large 10,175 sqft lot, it offers more room than most comparable newer homes in the city. The property features an attached garage and a full, unrenovated basement, providing a blank canvas for future expansion.
The home’s strength is its consistent ranking in the top tiers of its market. It performs better than approximately 90% of Winnipeg homes for lot size, living area, and assessed value, indicating a solid, premium positioning within its category. A recent sale in early 2025 at $66.20k suggests strong value retention and demand. This property would ideally suit growing families or professionals seeking a modern, low-maintenance home in a master-planned neighbourhood, with the added benefit of a large yard—a rarity in newer subdivisions—that offers long-term potential.
A less obvious perspective is the value of its "unrenovated" state. While some may see this as a drawback, it allows the next owner to customize the basement to their exact needs without first undoing someone else’s work, potentially offering better long-term value than a pre-finished space that may not suit their lifestyle.
Frequently Asked Questions
1. How does the large lot size impact the property?
Beyond providing ample private outdoor space, a lot size in the top 6% for Winnipeg often contributes to better privacy, landscaping potential, and future value, as larger parcels in new communities become increasingly scarce.
2. What does the "unrenovated basement" entail?
It means the basement is unfinished but ready for development. It includes the core structure (foundation, ceiling, rough-ins for utilities) but lacks interior walls, flooring, and finished ceilings, allowing you to design the space according to your own budget and preferences.
3. The home sold recently in early 2025. Why is it back on the market?
While the specific reason isn’t listed, short-term resales in new communities can occur for various neutral reasons, such as job relocation, changing family needs, or a change in plans. The sold price provides a clear, recent benchmark for the property’s market value.
4. How does this home compare to others on the same street?
It ranks very well on Edge Park Crescent, particularly for lot size (top 7%) and living area (top 28%). Its recent sale price is in the top 12% for the street, indicating it is one of the more substantial and valued properties on the block.
5. Is the assessed value the same as the market value?
No. The assessed value ($60.60k) is for municipal tax purposes. The market value is better indicated by the recent sale price ($66.20k in Jan 2025), which reflects what a buyer was willing to pay in the open market.