196 Park East Drive

Property Overview & Key Characteristics

This two-storey home in Bridgwater Centre is a modern property built in 2017, offering a practical and low-maintenance living space. Its primary appeal lies in its balance of being a relatively new build in a popular, master-planned community, which typically translates to fewer immediate repair concerns and access to community amenities. The lot size is a notable strength, ranking in the top 10% on its street, providing above-average outdoor space for the area.

The home would suit first-time buyers or downsizers looking for a turnkey property in a newer suburban neighbourhood. It’s also a sensible fit for those who value community layout and pathways over a large home footprint, as the living area is functional but not expansive. A thoughtful perspective is that while the house itself may not stand out in terms of size or recent renovations, its strong rankings for lot size and neighbourhood positioning suggest it holds inherent land value and stability within a desirable area.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is unfinished. This presents a blank canvas for future expansion to suit a buyer's needs, but requires investment to become livable space.

2. How does the property rank for value in the area?
The assessed value is competitive, ranking in the top 60% on its street and top 59% in Bridgwater Centre. This suggests it is priced consistently with, or slightly above, many comparable properties in the immediate vicinity.

3. What does the lot size ranking mean for me?
Ranking in the top 10% on the street for land area means this property has a larger yard than most of its direct neighbours. This is a relative advantage for outdoor space, gardening, or privacy.

4. Is there a garage?
No, the property does not include a garage. Buyers would need to rely on driveway parking or consider the potential and cost of adding a structure, subject to community guidelines.

5. The home sold in 2022. What does that recent history indicate?
The sale two years ago, at a price very close to the current assessed value, indicates a stable market value without wide fluctuations. It suggests the area has not seen dramatic price swings in that period.