Property Overview
This two-storey home on Park East Drive in Bridgwater Centre presents a compelling opportunity in a modern Winnipeg neighbourhood. Built in 2016, it offers a move-in-ready space with a renovated basement and an attached garage. The home's standout feature is its generous living area of 1,810 sqft, which ranks it as the largest on its street and among the top in its immediate area. This size advantage is paired with a substantial lot of over 3,100 sqft. The property’s current assessed value is notably higher than its last sale price in 2016, indicating significant appreciation.
The appeal lies in securing a spacious, newer home in a sought-after planned community. It suits buyers looking for room to grow without the wait of a new build, and who value the established lawns and mature neighbourhood feel that a 10-year-old home provides. A thoughtful perspective is that while the home ranks very high for size locally, its assessed value is more middle-of-the-pack citywide, which could represent good value for the square footage compared to newer or more centrally located properties. It’s ideal for a young family or professional couple seeking a balance of modern amenities, community amenities, and space for future projects or expansion.
Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is $50.50k, which is a figure used for municipal tax purposes. The actual market value and selling price are determined by current market conditions and can be higher or lower than this assessment.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish quality, layout, or whether it includes a legal suite should be verified with the seller or listing agent.
3. The home is among the largest on the street. Does that affect property taxes?
Generally, yes. A larger living area and a higher assessed value typically result in higher property taxes compared to smaller homes in the same area, as seen when comparing to nearby references.
4. Bridgwater Centre is a newer neighbourhood. What are the amenities like?
As a planned community, Bridgwater Centre typically features parks, pathways, and nearby retail centres. Prospective buyers should explore the specific proximity to schools, shopping, and recreational facilities to see if it matches their lifestyle.
5. The home has appreciated since 2016. Is that trend consistent for the area?
The data shows this home's assessed value has risen since its last sale. Comparing the sold and assessed values of nearby reference properties can help determine if this is a neighbourhood-wide trend or specific to this property.