Property Overview
108 Park East Drive is a well-maintained two-storey home built in 2015, situated in the popular Bridgwater Centre neighbourhood. With 1,479 sqft of living space on a 2,817 sqft lot, it features a detached garage and an unfinished basement. The home presents a practical, move-in-ready canvas in a modern community.
Key Features & Ideal Buyer
This home’s primary appeal lies in its balance of a newer build within a sought-after, master-planned area. It ranks highly for its newer age (top 11% on its street) and offers solid space both indoors and out compared to many Winnipeg properties. The unfinished basement is a key characteristic, representing both a cost-saving on the purchase price and a clear opportunity for future customization to suit an owner's specific needs, whether for extra bedrooms, a recreational space, or storage.
It would suit first-time buyers or young families looking for a low-maintenance home in a contemporary neighbourhood without paying a premium for already-finished basement square footage. It also appeals to the value-conscious buyer who prefers to invest in personalizing a space over time rather than paying for someone else’s renovations upfront. A less obvious perspective is its appeal to those who prioritize utility over luxury; the detached garage, good lot size, and newer construction provide reliable fundamentals, allowing savings to be directed elsewhere.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Centre is a modern, family-oriented community with planned pathways, parks, and nearby amenities. It's designed for convenience and a suburban feel with newer home stock.
2. Is the basement suitable for finishing?
Yes, the basement is included but unrenovated, meaning it’s a blank slate. Buyers should budget and plan for any future development, which also allows them to customize it to their exact preferences.
3. How does this property compare in value to nearby homes?
Based on assessed value and recent sales data for comparable homes, this property sits in a middle range for its immediate street and neighbourhood, suggesting it is competitively positioned without being an outlier.
4. What are the yearly property taxes?
Property taxes are calculated based on the assessed value of $42,100. You can use the City of Winnipeg's tax calculator with this assessment to estimate the annual amount.
5. Why did the last sale occur in 2018?
The 2018 sale likely represents the home’s first resale after its initial construction. The current sale offers a chance for the second owners to put their long-term stamp on the property.