Property Overview: 224 Park West Drive
Key Features & Ideal Buyer
This well-maintained two-storey home in Bridgwater Centre offers a balanced blend of space, modern updates, and a desirable location. Built in 2014, its key characteristics include a renovated basement, an attached garage, and a living area of 1,730 sqft situated on a generous 3,149 sqft lot. The home’s appeal lies in its move-in-ready condition with recent upgrades, coupled with strong rankings for lot size and building age within its immediate street and the wider Winnipeg area. It presents as a solid, above-average offering in a modern neighbourhood.
The property would suit practical buyers looking for a established home in a newer community without the premium of a brand-new build. It’s ideal for young families or professionals who value the finished basement space for recreation or a home office, and who appreciate a home that has already seen significant improvements. A thoughtful perspective is that this home offers a "sweet spot" in its lifecycle: major systems are still relatively new, yet the initial settling period is long past, and the basement renovation adds immediate functional value without the buyer’s own investment of time and hassle.
Frequently Asked Questions
1. How does this home compare to others on the street?
The home ranks highly for its newer age (top 17% on the street) and larger lot size (top 55%). Its living space is also above average for the street (top 84%). This suggests it is a competitively sized and modern property within its immediate area.
2. What is the neighbourhood like?
Bridgwater Centre is a modern, master-planned community in Winnipeg. The home’s high rankings for year built (top 4% in the neighbourhood) confirm it is among the newer homes in this area, which typically features family-friendly amenities, parks, and newer infrastructure.
3. Why is the last sold price from 2019 lower than the current assessed value?
The sold price of $382,000 in April 2019 reflects the market conditions at that time. The current assessed value of $477,000 is determined by the municipal authority for taxation purposes and is influenced by broader market changes, improvements like the basement renovation, and comparable area sales since that last transaction.
4. Are the property taxes available?
The property tax amount is not listed in this data. The assessed value of $47,700 (representing $477,000) is used to calculate taxes. Prospective buyers should contact the listing agent or the City of Winnipeg for an accurate estimate of annual property taxes.
5. What does the ranking for "Sold (4/2019)" mean?
The sold price from 2019 ranks in the bottom 1% on its street (top 101%). This doesn't reflect the home's current condition or value, but indicates that its sale price at that specific time was lower than nearly all other recorded sales on Park West Drive. This historical data point highlights the importance of considering current assessments, renovations, and market trends when evaluating the property today.