Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes offers a well-maintained, modern living space built in 2012. Its key appeal lies in a combination of above-average space and recent value stability within a newer Winnipeg community. The 2,290 sqft living area is notably spacious, ranking in the top 11% on its street and top 5% citywide. The home sits on a generous 5,514 sqft lot and features an attached garage and a renovated basement, adding functional living and storage space.
Its value proposition is grounded in its consistent performance. The recent sale price (Dec 2024) shows healthy appreciation from its 2021 and 2017 sales, and its assessed value ranks in the top 7% for Winnipeg, suggesting strong municipal valuation. While the home is newer than 89% of the city, it's actually older than most in its immediate neighbourhood, which may appeal to buyers seeking a more established streetscape within a modern area. This home would best suit a growing family or professional couple looking for move-in-ready space in a popular suburban community, who value quantifiable metrics like lot size, interior square footage, and steady equity growth over flashy newness.
Frequently Asked Questions
1. How does the age of this home compare to others nearby?
Built in 2012, this home is newer than 89% of Winnipeg. However, within the Bridgwater Lakes neighbourhood, it's older than about 88% of homes. This means the street has a more established feel with mature landscaping, while the home itself remains modern.
2. What does the sold price history indicate?
The home has sold three times in the last seven years (2017, 2021, 2024), with each sale price higher than the last. This pattern demonstrates consistent appreciation through different market cycles, which is a positive indicator of the property's underlying value.
3. Is the lot size a significant feature?
Yes. At 5,514 sqft, the lot is larger than 55% of those on its street. In newer communities like Bridgwater Lakes, lot sizes can vary, and this above-average footprint provides more private outdoor space—a valuable and less common asset in modern subdivisions.
4. How does the assessed value relate to the recent sale price?
The most recent assessed value is $60.50k, while the home sold for $61.50k in December 2024. The close alignment suggests the sale was in line with municipal assessment, which can provide confidence in the property's market valuation.
5. What is the significance of the living area ranking?
With 2,290 sqft, the living space ranks in the top 5% for Winnipeg. This is a standout feature, indicating you get significantly more interior space than the vast majority of homes in the city, which is a key driver of both livability and value.