Property Overview
This two-storey home at 41 Eaglewood Drive in Winnipeg's South Pointe West neighbourhood presents a well-maintained, modern residence built in 2017. Sitting on a spacious 5,539 sqft lot, the property features an attached garage and an unrenovated basement, offering a solid foundation in a desirable suburban community.
Key Characteristics & Appeal
The primary appeal of this home lies in its balance of modern construction and future potential. As a 9-year-old build, it offers contemporary layouts and systems without the immediate concerns of an aging property, while the unrenovated basement provides a clean slate for customization. The lot size is a significant asset, ranking in the top third for the street, offering more outdoor space than many nearby properties—a valuable and less replaceable feature than interior finishes.
Its strong performance in recent sales data is notable; it sold for $690,000 in April 2022, a price that ranked in the top 3% for the neighbourhood at the time, suggesting it holds its value well in a competitive market. This home would suit practical buyers looking for a move-in-ready yet adaptable property. It’s ideal for a growing family seeking space in a established newer community, or for a value-conscious purchaser who views the unfinished basement not as a drawback, but as a strategic opportunity to add equity and tailor the home to their specific needs over time.
Frequently Asked Questions
1. What is the significance of the 2022 sale price ranking so highly?
The sale price ranking in the top 3% of the neighbourhood indicates this specific property was highly desirable compared to its peers at that time, potentially due to its condition, lot size, or upgrades. It suggests a strong intrinsic value, but it's important to assess current market conditions.
2. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for tax purposes is not a direct reflection of current market value. It is often based on mass appraisal techniques and can lag behind rapid market changes, like those seen around the 2022 sale date.
3. What does "unrenovated basement" typically imply?
It means the basement is likely finished with standard builder-grade materials (e.g., basic carpet, drywall) but has not seen any subsequent upgrades or personalized renovations. It is functional space awaiting the next owner's vision.
4. How does the lot size compare to newer areas like Bridgwater?
At over 5,500 sqft, this lot is generally larger than many newer subdivision lots in areas like Bridgwater Trails, where homes are often built closer together. This offers more private yard space.
5. The home ranks well for "neighbourhood year built." What does that mean?
Ranking in the top 11% for year built in South Pointe West means this is one of the newer homes in this specific neighbourhood, which may contain a mix of older and newer properties. You benefit from modern construction within a more mature community setting.