Property Overview: 105 Park West Drive
Section 1: Key Characteristics & Appeal
This well-presented two-storey home in Bridgwater Centre offers modern living in a sought-after neighbourhood. Built in 2016, it strikes a balance between being relatively new and having established community roots. The 1,537 sqft living space is complemented by a renovated basement, adding valuable functional area, and the property sits on a generous 3,081 sqft lot with a detached garage.
Its primary appeal lies in its solid positioning within a desirable, newer suburb. The data suggests it's a consistent performer, not an outlier, offering stability. It ranks in the top third of Winnipeg for lot size and is newer than 93% of homes citywide, which speaks to its modern construction and lower immediate maintenance needs. The renovated basement is a key upgrade, providing flexible space for a home office, gym, or entertainment area.
This home would suit first-time buyers or young families looking for a move-in-ready property in a community-focused area like Bridgwater. It also appeals to value-conscious buyers who appreciate the upside of a finished basement and the efficiency of a home built to contemporary standards, without the premium of a brand-new build.
A less obvious perspective: The property's assessed value has remained notably stable relative to its immediate neighbours, even through market fluctuations. This could indicate a perceived fair value, making it a sensible rather than speculative purchase. Additionally, the detached garage, while common, offers more flexibility for workshops or storage than many attached designs.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a middle-ground position in terms of living area and lot size on Park West Drive. Its key differentiator is the renovated basement, which may not be reflected in the square footage rankings but adds significant finished living space.
2. What does the sale history indicate?
The home has sold twice since being built: first in 2016 and again in 2020. The 2020 sale price was significantly higher than the 2016 price, reflecting typical market appreciation for a new home. The 2020 sale price positioned it at the higher end of the street at that time.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($472,000) is for municipal tax purposes. In this case, it sits in the top 36% on its street, suggesting the municipality views it as a higher-value home in the area. Market conditions and recent renovations will ultimately determine the listing price.
4. What are the benefits of a 2016 build?
Homes from this period incorporate modern building codes and energy efficiency standards but have had time for any initial construction issues to be resolved. Major components like the roof, HVAC, and appliances are likely still within their typical lifespan, offering a period of predictable upkeep.
5. How does Bridgwater Centre as a neighbourhood rate?
The data shows this property ranks in the top half of its neighbourhood for lot size and assessed value. Bridgwater Centre is a master-planned community known for its trails, parks, and newer amenities, making it consistently popular, especially with families.