Property Overview: 16 Willow Brook Road, Bridgwater Lakes
Key Characteristics, Appeal & Ideal Buyer
This 2018-built, single-storey home in Bridgwater Lakes sits on a notably large lot (over 12,000 sq ft), ranking it in the top 5% for land size within its sought-after neighbourhood. Its primary appeal lies in this rare combination of a modern, low-maintenance home with substantial outdoor space—a pairing that is increasingly uncommon in newer subdivisions. The home features a renovated basement and an attached garage.
The property’s standout characteristic is its exceptional value proposition, as evidenced by its assessed value ranking in the top 6% of the neighbourhood and top 0% city-wide. This suggests a highly favourable municipal assessment relative to the market. While the living area is modest for the street, the significant lot size and premium valuation indicate a property that prioritizes land value and future potential over sheer interior square footage. It perfectly suits buyers looking for a modern home in a prime community without a condo-style footprint, offering room for gardening, play, or expansion. It would also appeal to value-conscious purchasers who recognize the long-term advantage of owning one of the larger lots in a mature, newer neighbourhood.
Frequently Asked Questions
1. Is the lot size typical for Bridgwater Lakes?
No, it is not. At over 12,000 sq ft, this lot is significantly larger than most in the area, ranking in the top 5% of the neighbourhood. This is a key differentiator for this property.
2. Why is the assessed value so high relative to the home's size and last sale price?
Municipal assessments are based on multiple factors, including lot value, location, and market trends. The high assessment here (top 0% in Winnipeg) strongly reflects the premium value placed on its large lot in a desirable community, not just the dwelling itself.
3. What does the "renovated basement" include?
The listing confirms a renovated basement but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the home's full living space and quality.
4. Who would this home not suit?
Buyers seeking a very large interior or multiple stories may find the living space modest. It’s best for those who value outdoor space and lot potential over a sprawling floor plan.
5. How does this property compare to others on the same street?
It offers a newer build (2018) and a much larger lot than most on Willow Brook Road, though the living area is more compact than some neighbours. Its overall value ranking on the street is strong, particularly for land size and assessed value.