Property Overview: 102 Appleford Gate, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2014, presents a practical opportunity in the popular Bridgwater Lakes community. Its key appeal lies in a balanced profile: it offers a relatively modern build (newer than 91% of Winnipeg homes) paired with a generous living space of 1,893 sqft, which is larger than 86% of homes on its street. The property sits on a good-sized lot over 4,250 sqft, providing ample outdoor space.
The home’s value proposition is nuanced. While its assessed and recent sold value are strong compared to the wider city, they are more modest within the immediate neighbourhood, potentially indicating room for value growth as the area matures. It suits first-time move-up buyers or young families seeking a modern layout and yard space in a newer suburb without the premium of a brand-new build. The unrenovated basement is a blank canvas for future expansion. A thoughtful perspective is that this home represents a "middle ground" in its street—offering more space than most, but with a value that may allow for personalization and investment over time.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
It offers more living space than many in the area, but its value metrics rank in the middle to lower tier within the neighbourhood itself, suggesting it could be a competitively priced option for the square footage.
2. What does the "unrenovated basement" imply?
The basement is finished but has not been updated since the home was built in 2014. It’s a functional space that allows the new owner to customize it to their taste and needs in the future.
3. Is the lack of a garage a significant drawback?
This depends on buyer priorities. The large lot does offer potential for adding a garage or shed, but buyers who require immediate, enclosed parking should factor this in.
4. The home sold recently in June 2024. What does that mean?
The recent sale provides a very current market price benchmark. The sold price being close to the assessed value suggests a stable, fair-market transaction.
5. How does the year built (2014) affect things?
A 10-year-old home is past its initial warranty period, so a thorough inspection is wise, but it’s still modern enough to likely avoid major immediate repairs or outdated building standards. Major components like the roof or HVAC may be nearing mid-life.