Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle on a spacious lot. Built in 2013, its key appeal lies in its generous 2,571 sqft of living space, which is larger than over 90% of homes in the neighbourhood, and a fully renovated basement that adds significant functional space. The attached garage and substantial 6,138 sqft lot provide room for family living and outdoor enjoyment.
Its value is underscored by strong city-wide rankings; it sits in the top 10% of Winnipeg for newer construction and the top 2% for living area. Recent sale history shows steady appreciation. The home suits growing families or professionals seeking move-in-ready, spacious accommodation in a popular suburban community. It’s particularly appealing for buyers who prioritize modern amenities and above-average interior space but are less concerned with having a top-ranked lot on their specific street, where its ranking is more modest.
Five Frequently Asked Questions
1. How does the lot size compare to the area?
At over 6,000 sqft, the lot is larger than average. However, within its own small street of seven properties, it ranks at the lower end. This suggests a very spacious neighbourhood overall, but this specific property may have slightly less yard space than its immediate neighbours.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should inquire about the scope of work, whether it includes a legal secondary suite, added bedrooms, or a dedicated recreation space, and request to see permits or documentation.
3. The assessed value is $690k, but it sold for $696k recently. What does this indicate?
The sale price slightly above the assessed value suggests the market currently values the home a bit higher than the city’s assessment, which is based on prior data. This is a positive indicator of market demand and perceived value for this specific property.
4. Is this a good investment based on its history?
The home has shown significant appreciation since its 2016 sale ($515k) to its 2024 sale ($696k). While past performance isn’t a guarantee, this trajectory, combined with its high rankings for size and age within Winnipeg, suggests it has been a strong performer in the broader market.
5. Who would this home not suit?
Buyers seeking absolute top-tier positioning on their block or the ultimate in lot privacy might be disappointed, as its street-level lot ranking is low. It may also not suit those looking for an older, character-filled home or a brand-new build, as it is a well-established but not recent construction.