This two-storey home in Bridgwater Lakes is a well-established offering in a modern Winnipeg neighbourhood. Built in 2014, it presents a practical opportunity with a large 5,251 sqft lot and 1,925 sqft of living space, complete with an attached garage and an unfinished basement. Its appeal lies in its relative newness and above-average positioning within its immediate area—it ranks newer and larger than most homes on its street. The property suits buyers looking for a move-in ready, low-maintenance home in a planned community, with the added benefit of a blank-canvas basement for future customization. It’s particularly fitting for young families or professionals who value modern infrastructure and community amenities over a downtown location, and who see potential in personalizing space over time.
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What do the rankings actually mean for day-to-day living?
While the home ranks highly for its year built and size on its street, its neighbourhood rankings for area and value are more average. This suggests a very well-kept street within a broader, still-developing area, offering a pleasant micro-environment.
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Why is the assessed value significantly lower than the last sale price?
The 2016 sale price of $450k and the current assessed value of $56.1k are not directly comparable. The assessed value is for taxation purposes and typically represents a fraction of a property's estimated market value, which would be determined by a current appraisal or recent sales of similar homes.
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What are the implications of an unfinished basement?
This provides excellent storage and future living space potential without the premium cost of a finished suite. However, it requires budgeting for renovation and permits to realize its full value, which is a key factor in the home's overall affordability now.
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How does the 2014 build year affect maintenance?
A 12-year-old home is past its brand-new warranty period but still modern. Major components like the roof, furnace, and appliances are likely original, so a proactive inspection to gauge their remaining lifespan is advisable, as some may be nearing the need for replacement.
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What is the significance of the lot size?
At over 5,250 sqft, the lot is a standout feature, offering more outdoor space than 67% of properties on the street. This allows for greater privacy, gardening, or play area, which is a valuable and less replicable asset than interior square footage in newer subdivisions.