Property Overview
This two-storey home in Bridgwater Lakes, built in 2012, presents a compelling mix of established comfort and modern updates. Its key appeal lies in a generous, renovated basement and a living space that ranks well above average for Winnipeg, all situated on a large lot. The numbers tell a clear story of a home that has consistently held and increased its value relative to its peers over recent years.
The property would suit buyers looking for a move-in ready family home in a modern neighbourhood who value space—both inside and out—over having the newest build on the block. It’s particularly well-matched for those who appreciate a finished lower level for family activities or guests, and for owners who find reassurance in a track record of strong assessed value growth within the city.
Key Characteristics & Appeal
- Spacious & Updated: With nearly 2,350 sqft of living space and a renovated basement, the home offers ample room. The lot size of over 5,700 sqft is notably larger than many in the immediate area, providing great outdoor potential.
- Strong Value Position: The assessed value places this home in the top 3% of Winnipeg, and recent sale prices have consistently trended in the top tier for the city. This suggests a property that has been well-maintained and is situated in a desirable enclave within the neighbourhood.
- Established in a Modern Community: Built in 2012, the home is past its initial settling phase but remains contemporary. The neighbourhood itself is well-established, yet still relatively new, offering a blend of mature landscaping and modern infrastructure.
- Ideal Buyer Profile: Perfect for growing or established families seeking space and a finished basement without a major project. Value-conscious buyers will appreciate its strong standing in assessment and sales rankings compared to similar homes. It may also attract those who prefer a larger yard compared to newer, more densely packed subdivisions.
Frequently Asked Questions
1. How does the age of this home (built 2012) compare to others nearby?
It’s among the older homes on Bluemeadow Road, ranking newer than only 18% of its direct street neighbours. However, it is still a modern home by broader Winnipeg standards, ranking newer than 89% of homes across the city.
2. What does the "renovated basement" likely include?
While specifics aren't listed, a renovation in a home of this age typically means finished living space such as a rec room, additional bedrooms, or a home office, adding significant functional square footage beyond the main living areas.
3. The last sale was in late 2021. Is that a concern?
Not necessarily. The sale history shows steady appreciation. The 2021 sale price sits in the top 15% for the street and top 3% for Winnipeg, indicating a strong market perception. The owner has likely enjoyed stable ownership during that time.
4. The lot is large, but is the house itself bigger than others?
Yes. The living area is larger than 75% of homes in Bridgwater Lakes and a notable 96% of homes in Winnipeg, making the interior space a key feature alongside the substantial yard.
5. How does its value compare to similar homes on the same street?
Very favourably. Its assessed value is higher than 82% of properties on Bluemeadow Road. For reference, a nearly identical-sized home a few doors down (124 Bluemeadow, built 2014) has a lower assessed value, suggesting this property has specific features or conditions that are highly valued.