158 Brookfield Crescent

Property Overview: 158 Brookfield Crescent, Bridgwater Lakes

Key Features & Ideal Buyer

This well-maintained two-storey home in the popular Bridgwater Lakes community offers a balanced, move-in-ready proposition. Built in 2014, it sits on a generous 5,157 sqft lot, providing above-average outdoor space for the area. With 1,914 sqft of living space and an attached garage, the home caters to families or professionals seeking room to grow without excessive upkeep. Its appeal lies in its established yet modern feel within a newer neighbourhood, backed by concrete data: it ranks in the top quarter of its street for both lot size and living area. The home’s recent sale in August 2024 at $600,000—significantly above its assessed value—indicates strong market confidence and a likely turn-key condition.

This property would suit practical buyers looking for a solid foundation in a sought-after area. It’s ideal for those who value space and a newer build but may not want the premium or uncertainty of a brand-new construction. The unrenovated basement presents a clear opportunity for future customization, appealing to buyers who see potential in personalizing their space over time. Given its rankings, it offers a "best of both worlds" scenario: more interior and yard space than many nearby homes, without being the largest or most expensive property on the block.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
The data shows it holds its own well. It’s newer than 55% of homes in the neighbourhood and has more living space than 44% of them. Its lot size is particularly notable, ranking better than 73% of area properties.

2. The sold price is much higher than the assessed value. What does this mean?
This is common in active markets and indicates that recent buyers valued the property’s condition, location, and features above the city’s assessment for tax purposes. The assessment is a snapshot for taxation, while the sale price reflects current market demand.

3. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg known for its parks, pathways, and lakes. The high ranking for the year built (top 9% in Winnipeg) confirms this is one of the city’s newer areas with contemporary amenities.

4. Who might this home not suit?
Buyers seeking a fully finished basement for immediate use or those wanting a pool or extensive, high-end renovations already complete might need to budget for additional projects.

5. What do the "rank" percentages actually tell me?
They provide a quick, relative benchmark. For example, being "better than 84% in same street" for year built means only 16% of houses on Brookfield Crescent are newer. It’s a useful tool to gauge where the property stands on specific metrics within its immediate and broader context.