Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes is a well-situated, modern property built in 2013. It sits on a large 6,173 sqft lot, which is notably spacious for the area, ranking in the top 4% on its street. The 2,356 sqft living area is also generous, placing it in the top quarter of the neighbourhood. Key features include an attached garage and an unfinished basement, offering a blank canvas for future expansion.
The primary appeal lies in its strong positional metrics within a relatively new community. It outperforms most comparable properties in Winnipeg for size, value, and newness, suggesting a solid investment in a desirable area. The home suits buyers looking for a move-in ready, modern build with ample room to grow, both inside and on the lot. It would particularly fit growing families seeking space in a community with newer infrastructure, or value-conscious purchasers who appreciate the potential to customize the basement to their own taste over time.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The property was last sold in July 2022 for $676,800. Its current assessed value is $695,000. This indicates a stable or slightly appreciating market perception of the home's worth in the period since its last sale.
2. What does the "unfinished basement" mean for me?
The basement is complete but not renovated. It presents both an opportunity and a consideration. It offers significant potential to add living space, a rental suite, or specialized rooms (like a home theatre or gym) tailored to your needs. However, it requires a future investment of time and money to realize that potential.
3. The home ranks highly for its lot size. Why is that important?
A lot size in the top 4% on the street is a less obvious but valuable asset. It provides more outdoor privacy, greater flexibility for landscaping, gardening, or adding amenities like a deck or play structure, and typically contributes to better long-term property value retention.
4. Are the ranking statistics reliable indicators?
The rankings are useful comparative tools, showing how this property measures against its immediate neighbours and the wider city. For instance, ranking better than 96% of Winnipeg for living area confirms its above-average size. They are best used as a general guide to the home's standing in the market, not an absolute measure of quality.
5. What is the Bridgwater Lakes community like?
As a community with homes built largely in the 2010s, Bridgwater Lakes offers modern neighbourhood planning. It typically features newer schools, parks, and walking paths. The high rankings for newer construction ("better than 90% in Winnipeg") suggest you are buying into a contemporary area with less immediate concern for major age-related repairs compared to older city neighbourhoods.