Property Overview
This two-storey home in Bridgwater Centre presents a compelling blend of modern comfort and established value. Built in 2015, it sits on a generous lot and features a renovated basement and an attached garage. Its appeal lies in its position within a newer, well-regarded community, offering a move-in-ready canvas in a sought-after area of Winnipeg. The home would suit young families seeking space and community amenities, professionals looking for a modern, low-maintenance property, or value-conscious buyers who appreciate a home that has already seen thoughtful updates.
Key Characteristics & Appeal
The home’s standout feature is its spacious living area of 1,810 sqft, which ranks at the very top for size on its street. Combined with a larger-than-average lot, this provides a sense of space that is becoming rarer in newer subdivisions. The renovated basement adds immediate functional living space without the need for future investment.
From an investment perspective, the property shows a history of strong value appreciation, with its last sale price significantly higher than previous transactions. Its assessed and recent sold values consistently rank in the top tiers for the neighbourhood and city, suggesting it is perceived as a premium property within its market segment. A less obvious point of appeal is its established age within a new community; at 11 years old, the major initial settling and landscaping are complete, yet the home remains modern compared to the city's overall housing stock. This positions it as a "sweet spot" between brand-new and older established homes.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
At 3,174 sqft, the land area is notably larger than many lots in newer phases of Bridgwater, ranking in the top third of the neighbourhood. This offers more outdoor space for gardening, play, or entertaining.
2. What does the "renovated basement" include?
While specific finishes aren't listed, a renovated basement typically indicates it is fully finished as livable space, which could include recreation rooms, additional bedrooms, or a home office. Verification of permits and the scope of work would be advised.
3. The last sold price is higher than the current assessed value. Is that a concern?
Not necessarily. Assessed value is for municipal tax purposes, while market value is determined by buyers. The sold price from late 2023 indicates what a buyer was willing to pay in the recent market, which is often a more current benchmark than the assessment.
4. Is the property in a flood zone or are there any major development plans nearby?
Bridgwater Centre is a master-planned community, so major infrastructure is established. However, as with any property, checking the local city planning department for future zoning changes or developments is always recommended for due diligence.
5. How does this home's age (2015) compare to others on the street?
The home is newer than 89% of properties on its street, making it one of the more recent builds in its immediate vicinity. This suggests mature landscaping and settled foundations, while still benefiting from modern construction standards and materials.