Property Overview
16 Tedham Court is a spacious, modern two-storey home in Winnipeg's Bridgwater Lakes neighbourhood. Built in 2012, it sits on a large lot and offers over 2,000 square feet of living space. The home features an attached garage and a basement that is ready for future finishing to suit a new owner's needs.
Its primary appeal lies in its above-average size and modern age compared to much of Winnipeg's housing stock. The property ranks highly city-wide for its living area, assessed value, and recent sale price, suggesting it is a substantial, well-regarded home within its market segment. The neighbourhood itself is relatively new, offering a contemporary suburban lifestyle.
This home would best suit a growing family or a professional couple looking for a move-in ready, spacious house in a modern community. It’s ideal for buyers who value space and newer construction but are also interested in a property with untapped potential, like a basement they can customize themselves. It may also appeal to value-conscious buyers who see the merit in a home that outperforms many city-wide metrics.
Frequently Asked Questions
1. How does this home compare to others in the immediate area?
While the home ranks highly across Winnipeg, its standing within its own street and Bridgwater Lakes neighbourhood is more varied. It has a larger lot and is newer than some direct neighbours, but other homes on the street have larger living areas or higher recent sale prices.
2. The assessed value seems low compared to the last sale price. Why is that?
Manitoba’s assessed value for taxation purposes is not intended to reflect current market value. The 2021 sale at $640k is a much stronger indicator of its market worth. The low assessment, however, can mean relatively lower property taxes for a home of this caliber.
3. Is the basement finished?
No, the basement is described as "not renovated." This presents a blank canvas for additional living space, such as a recreation room, home office, or extra bedrooms, allowing a buyer to add value and customize the home to their needs.
4. What is the significance of the ranking data provided?
These rankings contextualize the property. For example, ranking in the top 9% in Winnipeg for living area confirms it is genuinely spacious. The rankings show that while the home is very strong city-wide, prospective buyers should research the specific Bridgwater Lakes area to ensure it meets their expectations for the immediate locale.
5. The home sold in late 2022. What does that mean for a buyer today?
That sale establishes a firm market benchmark from just over a year ago. A current buyer can use that price as a key data point, understanding that the market may have shifted since then. It also indicates the property has changed hands relatively recently in its history.