Property Overview: 135 Park East Drive
Key Characteristics & Target Buyer
This two-storey home in Bridgwater Centre is a modern property built in 2016, offering a balance of space and contemporary living. Its key appeal lies in its above-average size, both in terms of the 1,730 sqft living area and the 2,625 sqft lot. The home ranks in the top tier for size within its immediate street, neighbourhood, and the wider Winnipeg area, indicating a more spacious offering than most comparable properties. It features an attached garage and an unrenovated basement, presenting a blank canvas for future expansion or customization.
The property would suit buyers looking for a relatively new, low-maintenance home in a sought-after suburban community, who prioritize interior space and a larger yard. Its strong rankings for lot size and newer construction suggest it’s a solid, enduring asset in its category. A thoughtful perspective is that the unrenovated basement, while not a finished feature, could be a strategic advantage for a buyer wanting to tailor the space to their exact needs without first paying for or removing someone else’s renovations. The home’s assessed value has shown stable growth since its last sale, pointing to a well-maintained asset in a steady market.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
This home is notably larger than most. Its living area is in the top 8% on its street and top 7% in Bridgwater Centre, meaning it offers more interior space than over 90% of comparable local listings.
2. What does the "unrenovated basement" mean?
It indicates the basement is in its original, builder-grade state. It is a complete space but lacks finished walls, flooring, or custom amenities. This is often seen as potential for future development rather than a drawback.
3. Has the property value increased since it was last sold?
Yes. The home sold for $350,000 in mid-2016 and now carries a municipal assessed value of $432,000. This suggests consistent market growth, though the final sale price is always determined by the current market.
4. Is the lot size a significant feature?
Yes. The lot is 2,625 sqft, ranking in the top 25% on the street. In newer neighbourhoods like Bridgwater Centre, this represents a generous outdoor space for gardening, play, or entertaining compared to many newer subdivisions.
5. How does the year of build (2016) compare to the rest of the area?
At 10 years old, it is newer than about 85% of homes on its street, placing it in the top 15%. It’s a modern property that likely includes contemporary building standards and efficiencies, yet has passed its initial "brand new" phase where major settling issues might appear.