Property Overview
124 Bluemeadow Road is a well-situated two-storey home in the popular Bridgwater Lakes neighbourhood. Built in 2014, it offers modern construction with the benefit of established community amenities. The home features a generous 2,364 sqft of living space, an attached garage, and a full, unfinished basement, providing a solid foundation for future customization. Its lot size of over 6,400 sqft is notably larger than many in the area.
The appeal of this property lies in its balance of space, location, and value. It ranks highly for its newer age and above-average living area within Winnipeg, suggesting a home that is both contemporary and spacious compared to the broader market. The neighbourhood is family-friendly with a established feel. This home would suit first-time buyers looking for a move-in ready property with room to grow, or a young family seeking a modern home in a community with parks and pathways. The unfinished basement is a key feature for buyers who view it as a blank canvas for a future rec room, home gym, or additional bedrooms.
Frequently Asked Questions
1. What does the "unfinished basement" condition mean?
The basement is fully excavated and ready for development but does not currently have finished walls, flooring, or ceilings. This is often seen as an opportunity to customize the space to your exact needs, though it requires an additional investment.
2. How does the assessed value relate to the listing price?
The assessed value of $67,100k is for municipal tax purposes and is not a direct indicator of market value or listing price. It's a useful benchmark for comparing the municipal tax load against similar properties, but the sale price is determined by current market conditions.
3. The home ranks in the top 71% for lot size on its street. Is that a significant advantage?
Yes, this indicates the property has one of the larger lots on Bluemeadow Road. This typically translates to more private outdoor space, greater distance from neighbours, and more potential for landscaping, gardening, or adding features like a deck or shed.
4. The property is noted as "newer" for Winnipeg but only "average" for its neighbourhood. What does this imply?
Built in 2014, the home is newer than over 90% of Winnipeg homes. However, Bridgwater Lakes is a modern community, so within that specific area, its age is about average. This suggests you're buying into a consistently newer neighbourhood rather than an outlier, which can be positive for maintaining future resale value.
5. Are the nearby "worth viewing" properties direct competitors?
The listed properties (like 16 Bluemeadow Road and 3 Red Spruce Road) are suggested as comparable in size, age, or value. Reviewing them can provide context on how this home is positioned in the local market, helping you gauge its features and potential price point relative to other available options.