Property Overview & Appeal
This well-maintained two-storey home in Bridgwater Lakes offers a blend of modern comfort and established community living. Built in 2013, its key characteristics include a renovated basement, an attached garage, and a generous 6,043 sqft lot that ranks larger than most on the street. While the living area is a comfortable 1,628 sqft, the property’s standout appeal lies in its strong value metrics. It sits in the top 10% of Winnipeg for newer construction and the top 6% for its current assessed value, suggesting a well-regarded and financially sound investment. The consistent appreciation in its sold price history points to a stable market position.
The home would suit practical buyers looking for a move-in ready property in a popular suburban neighbourhood without paying a premium for brand-new construction. It’s ideal for small families or professionals who value a large yard and the maturity of an established community like Bridgwater Lakes, where the landscaping and amenities have had time to develop. A thoughtful perspective is that this home represents a "sweet spot" – it’s past the initial settling phase of a new build but modern enough to avoid major near-term renovations, offering a balanced proposition.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The lot of 6,043 sqft is notably larger than 86% of others on Sablewood Road, placing it in the top 14% on the street. This is a significant advantage for outdoor space compared to many newer suburban lots.
2. What does the assessed value history indicate?
The current assessed value of $61,300k shows strong growth from previous sale prices ($55.1k in 2021, $510k in 2019). It ranks in the top 6% in Winnipeg, indicating the property is assessed favourably relative to the market, which can be a positive sign for municipal tax value versus potential market value.
3. Is the living space typical for the area?
At 1,628 sqft, the living area is more modest, ranking below the majority of homes on its street and in Bridgwater Lakes. This suggests the property’s value is driven more by its lot size, condition (renovated basement), and overall desirability than by sheer square footage.
4. The home sold in 2021 and is now listed again. Is that a concern?
The 2021 sale was likely an arms-length transaction, given the clear price increase from 2019. A three-year ownership period is not unusually short in a dynamic market and does not inherently signal an issue, especially given the documented value growth during that time.
5. How established is the neighbourhood?
Built in 2013, the home is situated in a relatively mature phase of Bridgwater Lakes. The community’s landscaping and infrastructure are well-developed, and the property’s rankings suggest it is in a settled, desirable part of the overall area.