Property Overview
This two-storey home in Bridgwater Lakes is a modern, low-maintenance property built in 2013. Its key appeal lies in a combination of relative newness, a fully renovated basement, and a strong position within its immediate area. The home sits on a generous 5,573 sqft lot and features 1,811 sqft of living space with an attached garage.
The data suggests its primary strengths are its age and value relative to the wider Winnipeg market. It ranks newer than 90% of homes in the city and has an assessed value higher than 91% of Winnipeg properties. While its rankings within the Bridgwater Lakes neighbourhood are more moderate, it stands out on its specific street, ranking better than 85% of neighbours for year built and 65% for lot size and assessed value. The renovated basement adds immediate functional living space without the need for future projects.
This property would suit a buyer looking for a move-in ready home in a modern suburban community, who values a property that is both newer than most and has clear, above-average metrics for investment and resale value at the city level. It’s particularly suited for those who appreciate data-driven reassurance about a property’s standing.
Frequently Asked Questions
Q: How does this home truly compare to others in Bridgwater Lakes?
A: The data shows a nuanced position. While it scores very well on its specific street for newness and size, its rankings within the broader Bridgwater Lakes neighbourhood are average to slightly below average for metrics like living area and assessed value. This suggests it's a solid, above-average home on a desirable street within the community.
Q: What does the significant gap between the 2021 sale price and current assessed value indicate?
A: The assessed value has risen notably since the last sale. This typically reflects strong market-wide appreciation and specific improvements, like the basement renovation. It’s a positive indicator of growing equity, but buyers should consult a real estate professional for a current market valuation.
Q: Is the renovated basement a legal suite?
A: The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation with the city to understand its approved use.
Q: The lot is large, but what is the backyard like?
A: With a lot size ranking better than 65% on the street, the property has a larger-than-average footprint. The orientation and layout of the house on the lot will determine the size and usability of the backyard private space, which would need to be seen in person.
Q: How does the "newer" build year (2013) impact maintenance?
A: A 13-year-old home is past the initial builder warranty period but is still relatively modern. Major components like the roof, HVAC, and windows are likely original and may be entering a phase where future planning for replacement is wise, though they should currently be in good functional condition.