21 Willow Brook Road

Property Overview: 21 Willow Brook Road, Bridgwater Lakes

Key Features & Ideal Buyer

This modern two-storey home, built in 2019, offers a turnkey lifestyle in the popular Bridgwater Lakes neighbourhood. Its primary appeal lies in its balance of contemporary construction, generous space, and a desirable location. The home features a renovated basement and an attached garage on a nearly 6,000 sqft lot, providing ample room for family living and outdoor enjoyment.

The property’s standout characteristic is its relative newness and above-average size. It ranks in the top 5% of its neighbourhood for being newer and in the top 4% city-wide for living area, meaning it offers more modern finishes and space than most comparable homes. The significant increase in assessed value since 2019 underscores its solid market position. This home would suit a young family or professional couple seeking a move-in ready property in a well-regarded, newer community without the wait of new construction. It’s also a strong fit for a value-conscious buyer who appreciates a home that ranks highly for size and age within the broader Winnipeg market, suggesting a good long-term investment in a developing area.

Frequently Asked Questions

1. How does this home compare to others on the street?
It holds a strong position for its modern build (newer than 71% of the street) and living space (larger than 52% of the street). Its lot size is more average for the area, and its current assessed value is higher than 29% of immediate neighbours.

2. What does the sold price history indicate?
The home sold for $51,600 in 2019 and then for $73,000 in 2021, reflecting a sharp increase in value over two years. The current assessed value is aligned with the 2021 sale price, suggesting a stable valuation in recent years.

3. Is the neighbourhood established or still developing?
Bridgwater Lakes is a newer community. With this home built in 2019, it is among the newer homes in the area (top 5% neighbourhood-wide), indicating the community has matured recently but still has a fresh, modern feel.

4. What are the property taxes likely to be?
Property taxes are calculated using the assessed value and the municipal mill rate. With an assessed value of $72,900, you can estimate taxes by applying the current Winnipeg mill rate to this figure.

5. How does its value compare to similar homes in other parts of Winnipeg?
The assessed value of $72,900 places this home in the top 3% of all Winnipeg properties for value, highlighting that it offers a premium package for its price point compared to the wider city market.