142 Brookfield Crescent

Property Overview: 142 Brookfield Crescent, Bridgwater Lakes

Key Features & Ideal Buyer

This well-presented one-storey home in the popular Bridgwater Lakes neighbourhood offers a blend of modern comfort and practical living. Its key characteristics include a renovated basement, an attached garage, and a spacious 5,253 sqft lot, which is larger than most in the immediate area. Built in 2014, the home is newer than over 90% of properties in Winnipeg, suggesting modern construction standards and less immediate need for major updates.

The appeal lies in its balance. It sits in a top-tier school catchment area within a master-planned community known for its pathways, lakes, and amenities. While the living space is comfortable, the significant lot size offers valuable outdoor potential—a relative rarity in newer subdivisions. The recent basement renovation adds immediate functional space. The home’s assessed value and last sold price rank consistently in the top 10-15% citywide, indicating strong perceived value and a history of solid investment.

This property would suit a young family seeking a move-in ready home in a community-focused area, or a downsizer looking for single-level living without sacrificing yard space. It’s also a prudent choice for a value-conscious buyer who appreciates that its lot size and newer build age provide a strong foundation for long-term equity.

Frequently Asked Questions

1. How does the lot size compare to typical newer homes?
At over 5,250 sqft, this lot is notably larger than many in modern subdivisions. It offers more privacy and room for gardening, play, or expansion than the current neighbourhood standard.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. A buyer should inquire about the permit status, the quality of the finish, and whether it includes a bathroom or legal secondary suite potential.

3. The living area is ranked lower than the lot. Is the house small?
At 1,492 sqft, the living area is modest relative to the large lot. This suggests an efficient floor plan focused on the main level, making it manageable to maintain, with the renovated basement providing additional flexible space.

4. Why is the assessed value significantly lower than the last sale price?
The 2023 sale price of $61.5k is a market transaction, while the $57.8k assessed value is for municipal tax purposes. The gap is normal, but the fact both figures rank in the top percentiles citywide underscores the property’s consistent market strength.

5. What is the community like?
Bridgwater Lakes is a master-planned, family-oriented neighbourhood with artificial lakes, extensive walking paths, parks, and nearby shopping. The high rankings for year-built and value in the area suggest it's a desirable and well-maintained community.