Property Overview: 10 Sablewood Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2013, offers a modern footprint in the popular Bridgwater Lakes community. Its key characteristics include a good-sized 1,814 sqft living area, a detached garage, and a full (though unrenovated) basement on a 4,676 sqft lot. The appeal lies in its balance of relative newness and established neighbourhood living. Data suggests it’s a newer and larger-than-average home for Winnipeg overall, offering a turnkey option for those wanting to avoid the uncertainties of an older property.
The home would suit first-time buyers or young families looking for a modern, low-maintenance house in a planned community. Its unrenovated basement presents a clear opportunity for future customization to add value and space. A thoughtful perspective is that while the home ranks well city-wide for its age and size, its assessed value sits in the lower tier within its immediate street and neighbourhood. This could indicate a more affordable entry point into a desirable area, or it may reflect the home’s specific condition or original finishes compared to neighbours.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Lakes is a master-planned community in Winnipeg known for its parks, pathways, and lakes. It’s a family-oriented area with newer amenities, offering a suburban feel with modern infrastructure.
2. Is the basement finished?
No, the basement is included but is not renovated. This provides a blank canvas for future development to add living space, but requires planning and investment.
3. How does this property compare to others on the street?
The home is newer than 83% of houses on Sablewood Road, but its assessed value is currently higher than only 30% of its direct neighbours. This suggests it may be a competitively priced option on a street with a mix of home values and ages.
4. What is the history of property value changes here?
The home sold for $47.8k in 2021 and $41.1k in 2019. The current assessed value is $51.50k. As with any market, past performance doesn’t guarantee future results, but it shows activity and value progression in recent years.
5. What are the key considerations for a buyer?
Prospective buyers should weigh the benefits of a newer, modern home against the need to potentially invest in basement development. The detached garage and good lot size are pluses, but it’s wise to understand why the home’s value ranking is stronger city-wide than it is within its own immediate community.