263 Park West Drive

Property Overview: 263 Park West Drive, Bridgwater Centre

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2015, offers modern living in the popular Bridgwater Centre neighbourhood. Its key features include a 1,537 sqft living area, a full (unrenovated) basement, and a detached garage on a standard 3,106 sqft lot.

The appeal lies in its balance of being a relatively newer build with established community amenities, without the premium price of a brand-new home. The data presents a nuanced picture: while its living space ranks above average for the area, its assessed value is modest compared to some neighbours, which could signal an opportunity for value-conscious buyers. It suits first-time homeowners or small families looking for a move-in-ready, low-maintenance property in a master-planned community. The unrenovated basement offers a clear canvas for future expansion, appealing to those who want to customize over time.

Section 2: Frequently Asked Questions

1. What is the neighbourhood like?
Bridgwater Centre is a master-planned community in south Winnipeg known for its parks, pathways, and newer amenities like schools and shopping. It typically attracts families and professionals seeking a suburban, community-focused lifestyle.

2. Why is the assessed value notably lower than some nearby homes?
Assessed values are based on municipal evaluations for tax purposes and don't always reflect current market value. This assessment could be influenced by the home's specific attributes, the unrenovated basement, or its position on the street. It's a starting point for discussion, not a sale price.

3. Is the basement finished?
No, the basement is confirmed as not renovated. This provides both a cost-saving at purchase and the potential for future customization to suit a buyer's needs, adding equity down the line.

4. How does this home compare in size to others nearby?
At 1,537 sqft, the living area is larger than about 78% of homes in Bridgwater Centre, offering above-average interior space for the neighbourhood. The lot size, however, is fairly standard for the area.

5. What does the sale history indicate?
The home last sold in June 2017 for $365,000. The current assessed value is $433,000. This historical data shows appreciation over a seven-year period, but a professional market evaluation is essential to determine its current value in today's market.