Property Overview: 188 Park East Drive, Bridgwater Centre
Key Characteristics & Appeal
This is a modern, two-storey home built in 2017, situated on a generously sized lot in Winnipeg's Bridgwater Centre neighbourhood. Its primary appeal lies in a balance of newer construction and established community living. The home features a standard living area of 1,492 sqft, a detached garage, and an unrenovated basement offering potential for future customization.
The property stands out for its lot size, which is notably larger than most in the immediate area, ranking in the top 12% on its street. This provides valuable outdoor space—a relative rarity in newer communities. While the interior living space is average for the neighbourhood, the combination of a newer build (top 30% for age on its street) and a premium lot creates a solid foundation. It would suit first-time buyers or young families looking for a modern home in a planned community without a premium price tag, as well as value-oriented buyers who see potential in the unfinished basement and appreciate the long-term benefit of a larger yard.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
The 2,575 sqft lot is a key feature, ranking in the top 4% within the broader Bridgwater Centre neighbourhood. This means it offers more outdoor space than the vast majority of comparable properties in the area.
2. What is the neighbourhood like?
Bridgwater Centre is a master-planned community with newer homes, parks, and walking paths. The property's rankings indicate it fits squarely within the established norms for the area in terms of value and building age.
3. Has the property's value increased?
Based on available data, the assessed value has risen from a 2019 sale price of $377k to a current assessment of $436k. As with any market change, this should be verified with a current market evaluation.
4. What should I know about the basement?
The listing specifies the basement exists but is "not renovated." This presents both a blank canvas for future finishing and a consideration for immediate utility or storage needs versus ready-to-use living space.
5. How does it rank for living space?
With 1,492 sqft, the home's living area is fairly standard, ranking near the middle compared to similar homes on its street and in Winnipeg overall. The appeal is less about expansive interior square footage and more about the combination of a newer home on a larger-than-average lot.