Property Overview: 150 Brookfield Crescent, Bridgwater Lakes
Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Lakes community offers a balanced combination of space, modern age, and established location appeal. Built in 2016, the property benefits from being newer than most homes in Winnipeg while having passed the initial settling-in period. Its key physical attributes include a generous 2,057 sqft living area, an attached garage, and a notably large lot of over 10,700 sqft, placing it in the top tier for land size on its street.
The primary appeal lies in its strong positional metrics within a desirable neighbourhood. The data indicates it ranks highly for lot size, building age, and living space not just on its street, but across wider Winnipeg comparisons. This suggests a property that stands out in its immediate area for offering more land and newer construction than many surrounding homes. The existing basement (not renovated) presents a clear opportunity for future customization.
This home would suit buyers looking for a modern family home in a developed community who value ample outdoor space and the potential to add value through finishing the basement or landscaping. It’s particularly suited for those who appreciate quantifiable advantages—seeing that the lot size and year built rank in the top few percent locally provides concrete, long-term value in terms of privacy, expansion potential, and building systems that are relatively current.
Frequently Asked Questions
Q: How does the lot size compare to typical properties in Winnipeg?
A: The lot of 10,728 sqft is larger than approximately 95% of residential properties in Winnipeg, making it a significant feature for outdoor space and privacy.
Q: The basement is noted as "not renovated." What does that imply?
A: It means the basement is unfinished or in a basic state. This is often seen as a positive blank canvas, allowing new owners to design and finish the space to their specific needs without paying a premium for someone else’s completed work.
Q: The assessed value seems lower than expected for a home of this size and age. Why?
A: Municipal assessed values for tax purposes often lag behind current market values and are calculated using a specific formula. It’s best used for comparing relative value against other properties, not as a direct sale price indicator. The assessment shows this home is valued higher than most in the city.
Q: What is the significance of the "rank by area" and "rank by year" data?
A: These rankings provide a quick, data-driven snapshot of how this property’s key features compare to its immediate neighbours and the wider market. They highlight that this home’s lot size and modern build date are standout characteristics in its area, which can influence long-term value and appeal.
Q: The neighbourhood rank for living area is 56%. What does that mean?
A: This means the home’s interior square footage is larger than 56% of homes in Bridgwater Lakes. It’s above the neighbourhood median, but the property’s more distinguishing advantages are its superior lot size and newer construction relative to the area.