Property Overview: 182 Springwater Road, Bridgwater Lakes, Winnipeg
Key Characteristics & Appeal
This 2019-built, single-storey home in the popular Bridgwater Lakes neighbourhood offers modern living with a renovated basement on a generous 7,204 sqft lot. Its key appeal lies in a balance of newer construction, desirable location, and significant lot size. The home ranks in the top tiers for lot size, age, and overall assessed value within both Winnipeg and its immediate neighbourhood, suggesting a solid and desirable foundation.
The property suits two primary buyer types. First, it’s ideal for those seeking a modern, low-maintenance home in a master-planned community without sacrificing outdoor space. Second, it appeals to value-focused buyers who see potential; while the living area is more modest relative to the street, the large lot and renovated basement provide a platform for future expansion or outdoor living projects. It’s a home for someone who prioritizes the quality and setting of the neighbourhood as much as, or more than, the current interior square footage.
Frequently Asked Questions
1. How does the lot size compare to others?
The 7,204 sqft lot is a standout feature, larger than 78% of lots in the Bridgwater Lakes neighbourhood and 85% across Winnipeg, offering rare space for gardens, play, or additions in this newer area.
2. The living area seems smaller relative to the street. Is this a concern?
The living space (1,721 sqft) is below the street average. However, this is offset by the fully renovated basement, which adds functional space, and the very large lot. It represents an opportunity to potentially expand the main floor in the future, given the ample land.
3. What does the assessed value ranking indicate?
Ranking in the top 4% of Winnipeg for assessed value is a strong indicator of the property’s fundamental worth and the desirability of its location and lot, as assessed for tax purposes.
4. The home was last sold in 2019. What does that mean?
Being sold new in 2019 means the current owners are the first residents. The sale price then was below the current assessed value, which is typical for a new build, and the history shows steady ownership.
5. Is the neighbourhood well-established?
Bridgwater Lakes is a modern, master-planned community. A 2019 build date means this home was constructed as the neighbourhood was still developing, placing you among the earlier residents in a now-maturing area with newer amenities and infrastructure.