Property Overview
This well-situated home in Bridgwater Lakes presents a compelling opportunity. Built in 2013, it's a modern one-storey home with an attached garage and a renovated basement, sitting on a generous 6,450 sqft lot. Its appeal lies in a combination of move-in readiness, a desirable and relatively new community, and a large, private yard that is increasingly rare in newer subdivisions. The home’s recent sale history shows stable value, and its assessed value ranks within the top 10% citywide, indicating strong underlying value for the area.
The property would suit a first-time buyer looking for a modern, low-maintenance home without sacrificing outdoor space, or a downsizer seeking single-level living in an active community. Its above-average lot size also offers future potential for gardening, entertaining, or expansion, appealing to those who value privacy and room to breathe.
Key Details & Questions
What are the key features and who is this home for?
This is a modern, single-storey home built in 2013, featuring a renovated basement and an attached garage. Its standout characteristic is the large 6,450 sqft lot, which offers more privacy and space than many newer properties. The appeal is grounded in its move-in condition, stability in a sought-after neighbourhood, and the flexibility provided by the extra land and finished lower level. It's ideally suited for buyers seeking easy, main-floor living without compromising on yard size, or for those who see long-term value in a sizable lot within a growing community.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 6,450 sqft lot is a significant feature, ranking larger than 85% of lots on the same street. This places it in the top tier for outdoor space within Bridgwater Lakes.
2. What does the sale history indicate about the property's value?
The home sold for $63,500 in early 2023, following a very similar sale price in 2021. This stable history, without significant price fluctuation, suggests a well-established market value.
3. Is the basement development a full legal suite?
The details specify a "renovated basement." This typically means finished living space, but you should confirm with the listing agent whether it meets all legal requirements for a secondary suite or is designed as a recreational and family space.
4. How does the home's size compare to the neighbourhood?
With 1,508 sqft of living area, the home itself is more modest in size compared to the neighbourhood, ranking above only about 12% of area homes. This highlights that the property's value is strongly tied to its lot size and modern build, rather than its interior square footage.
5. What is the significance of the high citywide assessment ranking?
An assessed value ranking in the top 8% across all of Winnipeg is a strong indicator of the property's fundamental value as determined by the municipal assessor, often reflecting the desirability of the lot and community.