Property Overview: 216 Park East Drive, Bridgwater Centre
Key Characteristics & Appeal
This two-storey home, built in 2018, offers modern living in Winnipeg’s popular Bridgwater Centre neighbourhood. Its key appeal lies in a balance of newer construction and established community living. With 1,492 sqft of living space on a 2,585 sqft lot, the home provides practical family-sized rooms without excessive maintenance. The property includes a basement, though it is noted as not renovated, presenting a clean slate for future expansion or storage.
The home’s strength is its position within a desirable, master-planned area. The data suggests it sits on a larger-than-average lot for its street (top 19%) and ranks highly within the broader neighbourhood for lot size (top 7%). This indicates a bit more outdoor space and privacy than some nearby properties. It would suit first-time buyers or young families looking for a modern, low-maintenance home in a community with amenities, or value-conscious buyers who see potential in personalizing an unfinished basement over time. A thoughtful perspective is that while the home is newer, its assessed and recent sold values are positioned in the middle ranges of its immediate area, which could represent a stable entry point into the neighbourhood without the premium of a fully upgraded property.
Frequently Asked Questions
1. What does the "not renovated" basement mean?
It indicates the basement is unfinished. It’s a usable space for storage or utilities but would require investment to be converted into living areas like a family room or bedroom.
2. How does the lack of a garage affect daily living and value?
This means relying on driveway parking. In this neighbourhood, it’s a trade-off that may be reflected in the price, potentially offering better value for buyers who prioritize indoor square footage or have fewer vehicles.
3. The home ranks highly for lot size but mid-range for value. Why?
The larger lot is a significant asset. The mid-range value ranking may relate to the home’s specific finish level, the unfinished basement, or the lack of a garage compared to some direct neighbours, making it a property where the land itself is a key feature.
4. The home sold in 2021. Is the price history typical?
The sold price in 2021 ($40.80k) is close to its current assessed value ($42.30k), showing relative price stability in a period of market fluctuation. It suggests the property hasn’t been subject to extreme speculative pricing.
5. What is the neighbourhood feel of Bridgwater Centre?
Bridgwater Centre is a master-planned, family-oriented community with parks, pathways, and nearby shopping. The presence of many homes built around the same time (2017-2018) creates a consistent streetscape and a community of residents at similar life stages.