Property Overview: 172 Eagleview Road, Bridgwater Lakes
Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Lakes offers a compelling mix of space, modernity, and established value. Built in 2015, it is a newer property within a mature Winnipeg context, ranking in the top 10% of the city for both living area and recent sale price. The home features a generous 2,399 sqft of living space on a large 5,770 sqft lot, with an attached garage and an unfinished basement providing room for future customization.
Its primary appeal lies in its strong positional metrics within a desirable newer community. The data suggests a property that has consistently performed well, with a notable increase in value between its 2021 and 2024 sales. It suits buyers looking for a move-in ready, spacious family home in a modern neighbourhood, without the uncertainties of an older build. A thoughtful perspective is that the unfinished basement, while not a renovated feature, represents a blank canvas and potential equity builder for a buyer willing to tailor the space to their needs, rather than paying a premium for someone else’s finished layout.
Frequently Asked Questions
1. How does the property’s value trajectory look?
The home sold for $722,800 in June 2021 and then for $774,500 in March 2024. This indicates steady appreciation over a nearly three-year period, a positive sign of value retention in its market segment.
2. Is the lot size typical for the area?
At 5,770 sqft, the land area is above average for Eagleview Road, ranking better than 48% of its direct neighbours. It offers more outdoor space than many comparable properties in the immediate street.
3. What does the "Better than X%" ranking mean for Winnipeg?
These metrics show the home outperforms most of the wider market. For example, it ranks in the top 3% in Winnipeg for its last sold price and living area, and in the top 8% for the year it was built. This positions it as a premium property on a city-wide scale.
4. The basement is listed as "not renovated." What condition is it in?
The listing specifies the basement exists but is unfinished. This means it is likely a raw, undeveloped space suitable for future renovation into additional living areas, subject to proper permits and investment.
5. How stable is the assessed value compared to sale prices?
The city's assessed value is $685,000, which is significantly lower than the recent sale price of $774,500. This is not uncommon, as municipal assessments for tax purposes often lag behind current market values, especially in appreciating markets or for newer homes.