Property Overview
174 Brookfield Crescent is a well-maintained, two-storey home built in 2014, situated on a generous 5,510 sqft lot in the Bridgwater Lakes neighbourhood. Its key appeal lies in its modern age, above-average lot size, and a recently renovated basement, offering move-in-ready space. The home ranks highly for its newer construction and assessed value compared to most of Winnipeg, suggesting a solid, modern foundation in a desirable suburban community.
The property would suit first-time buyers or young families looking for a contemporary home without the wait and uncertainty of new construction. It also appeals to value-conscious buyers who prioritize a large yard and finished living space over maximizing square footage in the main house. The strong city-wide rankings indicate a prudent long-term investment for those looking to build equity in a stable market.
Key Details & Questions
What are the key features?
The home is a 2014 two-storey with 1,734 sqft of living space, an attached garage, and a renovated basement. It stands out for its large 5,510 sqft lot, which is bigger than 86% of lots on its street.
How does it compare in value?
Its assessed value of $566,000 is in the top 10% for Winnipeg, indicating official valuation is strong. Notably, it last sold for $459,000 in September 2020, which was below typical prices at that time for the area, potentially pointing to a good purchase opportunity then or solid appreciation since.
Who is the neighbourhood best for?
Bridgwater Lakes is a modern, master-planned community. It’s ideal for those seeking newer homes, parks, and amenities, with a lifestyle geared toward families and professionals.
Is the price likely fair?
The home consistently ranks in the top tiers for year built, lot size, and assessed value city-wide, which generally supports a competitive asking price. However, its living area is more average for the immediate neighbourhood, so value is weighted toward the lot and modern build.
What’s a less obvious consideration?
The home’s lot size is a standout feature in a newer community where lots are often smaller. This offers more private outdoor space and future flexibility—a potential advantage over neighbouring properties. The 2020 sale price, while dated, may suggest the current owners have significant equity, which could influence negotiation flexibility.