183 Lake Bend Road

Property Overview: 183 Lake Bend Road

Key Features & Ideal Buyer

This two-storey home in Bridgwater Lakes is a modern, low-maintenance property built in 2013. Its key appeal lies in its balance of space, recent updates, and strong value positioning within Winnipeg. The 2,251 sqft living area is notably spacious, ranking in the top 5% of the city for size, and sits on a generous lot. A significant feature is the renovated basement, adding immediate functional living space without the need for a project. The home’s assessed value has shown consistent, solid growth over recent years, indicating a stable investment in a desirable neighbourhood.

Its appeal is for buyers seeking a turnkey, contemporary family home in a newer community. It particularly suits professionals or growing families who prioritize move-in readiness, space, and the amenities of the Bridgwater area, without the premium price tag of a brand-new build. A thoughtful perspective is that while the home ranks in the middle of its immediate street for some metrics, its city-wide rankings for size and value are exceptional—suggesting you get more house for your money here compared to many areas, albeit in a neighbourhood where newer, larger homes are common.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Lakes?
The home is newer than about two-thirds of the neighbourhood and offers more living space than roughly 66% of area homes. Its lot size is above average, and its recent sale price history shows it has appreciated well.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the listing agent to understand the quality and use of the additional space.

3. Has the home’s value increased since it was last sold?
Yes. It sold for $69,800 in September 2023, and its current assessed value is $66,200. It previously sold for $56,700 in 2019, demonstrating significant growth over a four-year period prior to the 2023 sale.

4. What are the property taxes likely to be?
Property taxes are calculated based on the assessed value and the municipal tax rate. With an assessed value of $66,200, you can use the City of Winnipeg's tax calculator for an accurate estimate.

5. The street ranking for "year built" seems low. Is the home outdated?
Not at all. Built in 2013, the home is still quite modern. The ranking indicates that many homes on Lake Bend Road are even newer (built after 2013), which is common in developing communities like Bridgwater Lakes. The home itself is only 13 years old and benefits from a renovated basement.