Property Overview: 276 Park West Drive, Bridgwater Centre
Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Centre offers modern living in a desirable neighbourhood. Built in 2015, it presents a low-maintenance opportunity with contemporary fundamentals. The home features a generous 1,730 sqft of living space and sits on a sizable 3,243 sqft lot, providing more room than most homes on its street and within the wider community. Key features include an attached garage and a full, unfinished basement awaiting the next owner's personal touch.
The appeal lies in its strong positioning within a sought-after, newer suburb. The data suggests a home that outperforms many of its local peers in terms of lot size, living space, and recent value appreciation, indicating a solid investment in a prime area. It particularly suits first-time buyers or young families looking for a move-in-ready home in a top-rated neighbourhood, as well as value-conscious buyers who see potential in personalizing the basement space to add future equity. A thoughtful perspective is that this property represents a "blank slate" within a high-ranking locale—it offers the community prestige and structural quality of a modern build, while leaving room for the next owner to add value without the immediate need for major renovations.
Frequently Asked Questions
1. How does this home rank within its neighbourhood?
It ranks highly, particularly for lot and living area size, placing in the top 10-16% locally. Its assessed value is also competitive, ranking better than 78% of similar neighbourhood properties.
2. What is the history of value appreciation?
The home has shown steady appreciation. It sold for $37,900 in 2017, $41,700 in 2021, and $49,500 in mid-2023, demonstrating consistent growth in value over its history.
3. Is the basement finished?
No, the basement is present but unfinished. This is a key opportunity for buyers to customize the space to their needs and potentially increase the home's value.
4. How does the property compare to others on Park West Drive?
It stands out on its street for its above-average lot size (better than 88% of neighbours) and living area (better than 84%). Its most recent sale price also ranked in the top 20% on the street.
5. What does the "Year Built" ranking mean for a 2015 home?
While the home is modern (2015), within its own newer neighbourhood of Bridgwater Centre, it is slightly older than average, ranking in the top 58% on its street. However, compared to all of Winnipeg, it's a very recent build, ranking in the top 8% city-wide. This indicates you're buying into an established, newer community rather than the latest phase of construction.