Property Overview
This 2017-built, two-storey home in Bridgwater Centre offers a modern, low-maintenance living space on a generous lot. Its key appeal lies in being a relatively newer construction in a popular suburban community, requiring less immediate upkeep than older homes. The living area of 1,492 sq ft is spacious for the neighbourhood, ranking in the top third for size locally. A significant feature is the renovated basement, which adds valuable finished space. While the home lacks a garage, its lot size of over 2,600 sq ft is above average for the street, offering good outdoor potential.
The property would suit first-time buyers or young families seeking a modern home in a developed community without the surprises of an older build. It’s also a practical choice for those who value a renovated basement as immediate living or recreational space and are comfortable with street parking or adding a garage later. A thoughtful perspective is that while the home ranks highly for its newer age, its assessed and recent sold values are competitively positioned in the middle tier of the area, suggesting it may offer good value relative to other newer constructions.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Centre, and across Winnipeg. For example, being "better than 94% in the same street" for year built means it is one of the newest homes on Park West Drive. Conversely, a "top 66%" rank for living area means about a third of homes on the street are larger.
2. Is the lack of a garage a major concern?
It depends on your needs. The large lot provides room to add a garage or sheltered parking in the future. For now, buyers should be comfortable with street parking, which is common in this community.
3. The home sold in early 2022. What does that tell us?
The prior sale at $46.3k provides a recent benchmark, but market conditions have likely shifted. It does indicate a history of steady ownership and can be a useful point of reference for your research into area price trends.
4. How does the assessed value relate to the asking price?
The assessed value of $44.30k is for municipal tax purposes and is not a direct indicator of market value. It is a useful data point to understand how the city views the property relative to its neighbours, but the listing price will be based on current market conditions.
5. What are the pros and cons of a 2017 build?
The major pro is that major components like the roof, windows, and HVAC are likely still in good condition, delaying big expenses. The con is that any builder-grade materials or finishes from that time may be nearing the end of their typical lifespan, so a thorough inspection is still recommended.