170 Springwater Road

Property Overview & Appeal

This two-storey home in Bridgwater Lakes is a modern property built in 2021, offering a move-in-ready experience with a renovated basement. Its key appeal lies in its balance of new construction benefits and established community living. The home sits on a large lot (over 7,500 sq ft), which ranks highly for size within Winnipeg, providing ample outdoor space—a notable advantage in a newer neighbourhood. With 2,226 sq ft of living space and an attached garage, it caters well to growing families or those seeking a spacious, low-maintenance modern layout.

The data suggests it suits buyers looking for a solid, contemporary home in a desirable area without the wait of a new build. It’s particularly fitting for those who value both indoor updates and generous yard space. The significant increase in assessed value since its 2021 sale indicates strong market confidence in the property and area. A thoughtful perspective is that this home offers the "sweet spot" of being past the initial settling phase of a new build while still being modern, potentially avoiding some of the minor teething issues brand-new homes can have.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
The lot is 7,533 sq ft, which is larger than approximately 87% of properties in Winnipeg, placing it in the top tier for outdoor space.

2. What does the change in assessed value indicate?
The assessed value rose from $586,000 in late 2021 to $672,000. This increase reflects market growth and improvements, like the basement renovation, suggesting the home has been well-maintained and is in a rising area.

3. Is the neighbourhood established?
As part of the Bridgwater Lakes community, the area is developed with nearby properties closely situated. The home itself is five years old, so the immediate landscaping and street are past the earliest stages of a new subdivision.

4. What are the basement details?
The listing confirms a renovated basement. Specifics on the renovation scope, permits, or finished square footage should be verified with the listing agent.

5. How does this home rank for space and newness on its street?
On Springwater Road, this home ranks in the top third for lot size and living area. It is notably in the top 5% for being a newer build on the street, meaning it's one of the most recently constructed homes in the immediate vicinity.