Property Overview: 312 Park West Drive, Bridgwater Centre
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in Winnipeg's Bridgwater Centre neighbourhood. Its primary appeal lies in its balance of contemporary build quality and established community living. With 1,726 sqft of living space and an attached garage, it suits growing families or professionals seeking a turnkey home without the uncertainties of a brand-new build.
The property stands out for its strong positional rankings within its immediate area. It sits on a larger-than-average lot (3,150 sqft) for the street and neighbourhood, offering more outdoor space than many comparable homes. Notably, it is one of the newest homes on its street, suggesting less immediate expenditure on major systems or exterior updates. The recent sale in January 2024 provides clear, current market validation for its value.
This home would best suit buyers prioritizing a move-in ready property in a developed area, who value the energy efficiency and modern layouts of a recent build, but want to avoid the premium and unfinished landscapes of a brand-new subdivision. It’s also a practical choice for those who appreciate quantifiable metrics, as its high percentile rankings for lot size and year built offer concrete data points compared to neighbouring properties.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is described as "not renovated," meaning it is unfinished. This presents a blank canvas for future expansion to add significant living space, but requires investment to realize its full potential.
2. What do the percentile rankings (e.g., "Top 37%") mean?
These rankings compare this specific property against all others in the stated category (street, neighbourhood, or city). For example, "Better than 63% in same street" for living area means this home is larger than 63% of homes on Park West Drive, placing it in the top 37%. It's a quick way to gauge how a feature stacks up locally.
3. The home sold recently in January 2024. Why is it back on the market?
While the specific reason isn't provided here, a quick resale can be due to many common life changes—a job relocation, change in family circumstances, or a shift in housing needs. The sale price from January establishes a very recent benchmark for its market value.
4. How does the assessed value compare to the recent sale price?
The 2024 assessed value is $46.40k, while it sold for $48.50k in January 2024. The sale price being slightly higher than the assessed value is typical in an active market, indicating buyers were willing to pay a premium over the municipal assessment at that time.
5. The lot is ranked larger than average, but is the backyard private?
The data confirms the lot size is above average for the area. However, lot size doesn't directly dictate privacy. Given the home's location on a typical suburban street with close neighbouring properties (as seen in the "Nearby properties" list), prospective buyers should visit to assess backyard fencing, landscaping, and sightlines for their personal privacy expectations.