106 Brookfield Crescent

Property Overview

This 2014-built, one-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle on a generous 5,252 sqft lot. Its key appeal lies in a desirable combination of a newer build, a fully renovated basement, and an attached garage, all within a well-regarded community. The home’s assessed value ranks in the top 8% for Winnipeg, suggesting strong fundamental value. While the living space is compact at 1,504 sqft, the renovated basement effectively expands the usable area. The property last sold in December 2021 for $590,000.

This home would suit first-time buyers or downsizers seeking a modern, single-level layout without major upkeep, as well as value-focused buyers who appreciate the upside of a finished basement in a newer neighbourhood. Its strong city-wide rankings for year built and assessed value may also attract investors or buyers looking for a property with a solid foundation for long-term equity.

Frequently Asked Questions

1. How does the living area compare to nearby homes?
At 1,504 sqft, the living area is more compact than many in the immediate area, ranking in the top 77% on its street (meaning 77% of street listings are larger). However, the renovated basement provides significant additional finished space.

2. What do the "rank" percentages actually mean?
A "Top X%" rank indicates the property's standing relative to comparable listings. For example, being in the "Top 8%" for assessed value in Winnipeg means 92% of city properties have a lower assessed value, which can be a marker of established value.

3. The last sale was in 2021 for $590k, but the assessed value is much lower. Why?
Assessed value (here $58,500) is for municipal tax purposes and is not an indicator of market value. The 2021 sale price is the relevant market benchmark. The high city ranking for assessed value suggests the tax assessment is proportionally high compared to other Winnipeg properties.

4. Is the lot size a significant feature?
Yes. The 5,252 sqft lot is a standout, ranking "larger than 70%" on its own street. For a newer neighbourhood where lots can be smaller, this provides above-average outdoor space.

5. What is less obvious about this property's potential?
The data indicates a positive trajectory: it's a newer home (top 9% in Winnipeg for age) on a good-sized lot in a young neighbourhood. The existing renovation work is a head start, but the strong lot and build fundamentals could also support future expansion or landscaping projects to further increase value.