Property Overview
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2013, it sits on a generous lot and features a renovated basement and a detached garage. The home’s appeal lies in its balance of contemporary construction and established neighbourhood living. It suits first-time buyers looking for a move-in-ready home without the worries of an older property, or growing families seeking a stable community with good schools and amenities. The renovated basement adds valuable flexible space, ideal for a home office, gym, or entertainment area. A thoughtful perspective is its relative value within the street itself; while the lot size is above average for the area, the home’s living space is more modest, suggesting a property with great outdoor potential or room for future expansion, appealing to those who prioritize yard space over sheer interior square footage.
Key Details & FAQs
Key Characteristics & Appeal:
- Modern & Updated: A 2013 build means modern building standards and efficiency, coupled with a renovated basement that adds immediate value and functionality.
- Spacious Lot: The 4,676 sqft land area is larger than half the lots on its street, offering above-average outdoor space for the neighbourhood.
- Community & Location: Located in the family-oriented Bridgwater Lakes area, it provides a blend of newer community amenities and established greenery.
- Value Profile: The home’s assessed value ranks highly city-wide, but its last sale price was notably higher than most comparable sales in its immediate area at the time. This may indicate unique features or a premium paid for the specific location and condition.
Ideal For:
This property is well-suited for first-time homebuyers or young families seeking a contemporary home in a planned community. It also appeals to buyers who want a renovated space without undertaking major projects and who value a larger private yard.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The lot of 4,676 sqft is larger than 50% of the lots on Sablewood Road itself, making it an above-average sized property for its immediate street, though it ranks as somewhat smaller when compared to the wider Bridgwater Lakes neighbourhood.
2. What does the sale history indicate?
The home sold in March 2022 for $460,000. Market data shows that price was higher than 97% of sales on its street and 99% in the neighbourhood at that time, suggesting it may have commanded a premium due to its condition, timing, or specific features.
3. Is the basement development legal and permitted?
The listing notes a "renovated" basement. Prospective buyers should always verify with the seller or city records that any renovations were completed with the proper permits to ensure compliance with building codes.
4. What is the significance of the assessed value?
The assessed value of $54,900 is for municipal tax purposes only and is not an indicator of market value. It ranks highly city-wide, but market value is determined by recent comparable sales, condition, and current market demand.
5. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the main house. However, it requires going outdoors to access your vehicle, which is a consideration during Winnipeg winters. It also may provide potential for a separate workshop or studio space.