Property Summary: 162 Brookfield Crescent, Bridgwater Lakes, Winnipeg
Section 1: Overview & Appeal
This well-maintained two-storey home in the popular Bridgwater Lakes neighbourhood offers a blend of space, modern updates, and a strong positional value within the community. Its key characteristics include a generous 5,433 sqft lot, over 2,000 sqft of living space, and a renovated basement, adding valuable finished area. The attached garage and 2012 build date position it as a relatively modern home in good condition.
The primary appeal lies in its above-average metrics within its immediate context. The property ranks in the top 20% of its street for lot size, living area, and assessed value, suggesting it is a larger and more valuable home on its block. While newer homes exist in the wider area, this home’s recent sale in July 2024 indicates a refreshed market valuation. It would suit buyers looking for a move-in ready family home in a master-planned community, particularly those who prioritize more interior and yard space compared to neighbouring properties and value the potential of a finished basement. A thoughtful perspective is that it represents a "best-in-street" option for its specific row, offering a premium footprint without the premium price of a brand-new build.
Section 2: Frequently Asked Questions
1. How does the age (built in 2012) compare to the rest of the area?
While the home itself is 14 years old, it is newer than approximately 90% of homes in Winnipeg. However, within the newer Bridgwater Lakes neighbourhood, it is older than about 88% of homes, placing it among the earlier builds in this community.
2. What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the scope of renovations. Buyers should inquire about the work done, the quality of finishes, and whether any permits were obtained.
3. The home sold recently in July 2024. Why is it back on the market?
The property was purchased for $58.5k just months ago. The rapid resale could be due to many neutral factors (investor flip, change in personal circumstances) but viewing the recent renovations and understanding the seller's motivation is advisable.
4. How does the assessed value relate to the likely selling price?
The assessed value is $60.5k, slightly above the July 2024 purchase price. In dynamic markets, assessed values are administrative and may not reflect current market value. The new listing price will be the seller's current market assessment.
5. Is the lot size typical for Bridgwater Lakes?
At over 5,400 sqft, the lot is significantly larger than average for its street (top 17%) and neighbourhood. This is a key differentiator, offering more outdoor space than many comparable homes in the area.