Property Summary
Section 1: Overview & Appeal
This well-established home in Bridgwater Lakes is a modern, single-storey property built in 2013, sitting on a generous 7,380 sqft lot. Its key characteristics include a renovated basement and an attached garage. The primary appeal lies in its combination of a desirable, newer-build layout with a mature lot size that ranks highly within the city. The home has demonstrated strong value appreciation, with its current assessed value significantly higher than its last sale price.
This property would suit buyers looking for move-in ready, low-maintenance living in a popular suburban community. It's particularly well-matched for empty-nesters, young professionals, or small families who prioritize single-level living and outdoor space over a massive footprint. The strong assessed value and historical sales data also indicate it would appeal to those viewing real estate as a long-term investment within Winnipeg's top-performing market segments.
A less obvious perspective is that while the home is newer, its lot size is a standout feature that is increasingly rare in new developments, offering future flexibility. Additionally, its value rankings suggest it is a premium property within its immediate street and neighbourhood, which can influence both prestige and resale resilience.
Section 2: Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
At 7,380 sqft, this lot is larger than 81% of properties on its street and 86% of properties in Winnipeg. It is substantially larger than typical lots in many newer subdivisions, offering more private outdoor space.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the listing agent to understand the quality and scope of the renovation.
3. Has the property's value increased?
Yes. Public sales data shows it sold for $690,000 in 2020 and is now assessed at $950,000. This indicates significant appreciation, though the final sale price is determined by the current market.
4. Is the neighbourhood well-established?
Bridgwater Lakes is a developed community within Waverley West. The home was built in 2013, and the high percentage of homes sold on the street suggests a stable, settled neighbourhood rather than a brand-new construction zone.
5. How does this home rank for value in Winnipeg?
Its assessed value places it in the top 1% of all residential properties in Winnipeg, indicating it is a high-value asset within the city's housing market.