Property Overview
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg neighbourhood. Built in 2013, it features a renovated basement, an attached garage, and sits on a generous 5,431 sqft lot. The home’s 2,329 sqft of living space ranks within the top tier for size locally. Its appeal lies in its contemporary age, above-average footprint, and a location that provides a balance of community feel and convenience. The consistent increase in assessed value since 2016 suggests a well-regarded property in a stable market.
This home would suit young families or professionals seeking a move-in ready property in a newer community. It’s also a strong fit for buyers who value quantifiable metrics, as the home ranks highly against its immediate neighbours and across Winnipeg for size, assessed value, and relative newness.
Key Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in a specific area (street, neighbourhood, or city) for a given metric. For example, ranking "Better than 78% in same street" for living area means only 22% of homes on Sablewood Road are larger. This indicates it's a well-sized home in its immediate context.
2. How does the sold price history inform the current value?
The history shows a steady increase from $530k in 2016 to $584k in 2021. This trajectory, combined with the current assessed value of $691k, indicates strong appreciation. It provides a data-backed story of the home's growing value in the market.
3. Is the renovated basement a legal suite?
The details provided do not specify if the renovation created a legal secondary suite. This is a crucial point to verify with the listing agent or city records, as it impacts value, insurance, and permitted use.
4. What is the practical benefit of the lot size and rankings?
At over 5,400 sqft, the lot is larger than two-thirds of those on the same street. This typically translates to more private outdoor space, greater distance from neighbours, and potentially more landscaping or play area options than is standard in newer subdivisions.
5. The home ranks highly city-wide but lower within Bridgwater Lakes. Why does that matter?
While the property scores in the top 10% city-wide for year built and assessed value, its rankings within Bridgwater Lakes itself are more moderate. This suggests the immediate neighbourhood consists of very similar, high-quality homes, offering a consistent community standard rather than standing out as an exception.