Property Overview & Appeal
This two-storey home on a generous lot in Bridgwater Lakes is a modern, well-sized property built in 2015. Its key appeal lies in its strong performance across several measurable categories compared to its surroundings. The home boasts a living area that ranks in the top 6% on its street and in Winnipeg, offering above-average space. It sits on a large lot (over 5,500 sq ft) that is better than 86% of others on the street. Notably, its relative newness is a significant asset, ranking newer than 98% of homes on its street and 92% in Winnipeg, suggesting less immediate concern for major repairs or outdated systems. The property has demonstrated solid value appreciation, with its last sale price in early 2025 significantly higher than its 2021 sale.
This home would suit buyers looking for a move-in ready, modern family home in a newer suburban community. It’s ideal for those who prioritize space, a newer build, and quantifiable "above-average" standings in lot size, living area, and home age within their peer group. A thoughtful perspective is that while the basement exists, it is noted as "not renovated," presenting a clear opportunity for future customization and added value to a new owner.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it consistently ranks in the top 15% on its street for key metrics like lot size, living area, and year built. In the broader Winnipeg context, it ranks in the top 10% for newness and value, indicating it's a standout property in many measurable ways.
2. What does the "not renovated" basement mean?
It indicates the basement is unfinished or in its original builder state. This is a common feature in homes of this age in the area and should be seen as a blank canvas for future development, not a deficiency, though it will require investment to finish.
3. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind the current market. The recent sale price is a far more accurate reflection of the home's present market value, as demonstrated by competitive bidding.
4. Is the lot size a major advantage?
Yes. At over 5,500 sq ft, the lot is larger than most on the street. This provides more private outdoor space, potential for landscaping or gardening, and generally feels less crowded than homes on smaller, newer subdivision lots.
5. The home sold recently in 2021 and again in 2025. Is that a concern?
The nearly $300,000 increase in sale price over approximately four years points to strong market appreciation for the area and this specific property. It suggests the sellers' reasons for moving were likely lifestyle-related rather than an issue with the home itself.