Property Overview: 112 Park West Drive
Section 1: Key Characteristics & Appeal
This well-presented two-storey home in Bridgwater Centre offers modern living in a desirable, newer neighbourhood. Built in 2017, it sits on a generous 3,223 sqft lot and features 1,810 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in a combination of space, contemporary build quality, and established community amenities.
The home ranks highly against its immediate peers. It is in the top tier for lot size, living area, and year built on its own street, suggesting it is one of the larger and more modern properties in the row. This positions it as a premium offering within its specific micro-location. The significant value increase from its 2017 purchase price to its 2021 sale price also indicates strong historical appreciation.
This property would suit buyers seeking a move-in ready, low-maintenance home in a family-oriented master-planned community. It’s ideal for professionals or growing families who value modern neighbourhood design, nearby parks, and schools, and who appreciate a home that stands out in size and newness compared to its direct neighbours.
A less obvious perspective: While newer builds often come with a premium, this home’s established lot maturity and completed basement renovation mean the major initial upgrades and landscaping investments are likely already in place, offering immediate enjoyment without the wait.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Bridgwater Centre?
The data shows it excels in key metrics within its immediate area. It’s newer than 94% of homes on its street and has a larger living area than 97% of them. This suggests you’re getting a more contemporary and spacious home compared to most direct comparables in the community.
2. What does the history of sold prices indicate?
The home sold for $470,000 in 2021, a substantial increase from its 2017 purchase price. This demonstrates strong past value growth. The current assessed value is notably lower, but assessments are for tax purposes and often lag behind market value; the sale history is a more relevant indicator of market trajectory.
3. Is the lot size typical for the area?
At 3,223 sqft, the lot is above average for the street (top 76%), offering more outdoor space than many neighbouring properties—a valuable differentiator in newer communities where lots can be compact.
4. What is the significance of the renovated basement?
A finished basement in a 2017 home adds immediate functional living or recreational space. It indicates the previous owner has already invested in upgrading the home beyond its original build, potentially saving you time and expense.
5. Who might this home not suit?
Buyers seeking a very large or estate-sized lot, or those preferring the unique character of older, established neighbourhoods over the uniform feel of a modern planned community, may want to consider other areas. It’s also likely priced as a premium option within its specific street block.