Property Overview & Appeal
This two-storey home in Bridgwater Centre presents a compelling mix of modern comfort and established community value. Built in 2016, it offers a renovated basement and an attached garage on a generous 4,276 sqft lot. Its key appeal lies in its strong positional metrics within a desirable newer neighbourhood; the property ranks in the top tier for lot size on its street and within the wider Bridgwater Centre area, suggesting a premium setting. With a living area of 1,730 sqft, it suits growing families or professionals seeking a turnkey home in a planned community with a fresh, contemporary feel. The steady appreciation in sold price history, from $430k in 2016 to $517k in 2023, indicates a well-maintained asset in a stable market. This home would best suit buyers prioritizing space, modern construction, and a neighbourhood with high curb appeal and peer properties, who are willing to trade a larger interior square footage for a more substantial lot.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
At 4,276 sqft, the lot ranks in the top 30% city-wide, which is notable for a 2016 build in a newer community where lots are often smaller. This offers more outdoor space than many comparable modern homes.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finish. A prospective buyer should inquire about the scope, permits, and the nature of the renovation (e.g., finished living space, modern amenities) to understand its value.
3. The home sold in 2023; why is it back on the market?
The reason for the quick turnaround is not provided. It could be due to many common life events (relocation, change in family needs). Reviewing the full listing history and discussing with the seller's agent is advised.
4. How does the assessed value relate to the likely asking price?
The assessed value of $488k is a municipal valuation for tax purposes. The last sold price in 2023 was $517k, which is a more current market indicator. Expect the asking price to be influenced by recent sales and market conditions, not the assessment.
5. Are there any concerns with a home built in 2016?
A 10-year-old home is past the initial builder warranty period. While still modern, a pre-purchase inspection is crucial to identify any emerging issues with major components like the roof, HVAC, or exterior finishes, which may be nearing their first major maintenance cycle.