Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes offers a modern, move-in-ready package built in 2012. Its key appeal lies in a combination of above-average space and recent updates within a newer Winnipeg community. The 2,545 sqft living area is notably spacious, ranking in the top 10% of its immediate neighbourhood and top 2% city-wide. It sits on a large 5,665 sqft lot and features an attached garage and a renovated basement, adding valuable functional space.
The home’s strongest suit is its generous interior size relative to the area, making it a standout for buyers seeking room without moving to an older, more established suburb. It would particularly suit growing families or professionals who prioritize modern neighbourhood amenities and interior space over an ultra-recent build year. A thoughtful perspective is its assessed value ranking, which is significantly higher than its last sold price ranking from 2016, suggesting official valuation has grown to outpace many direct local comparables. This indicates a potential appeal to buyers looking for a property with solid perceived value in the community.
Potential Buyer FAQs
1. How does the home’s age compare to others nearby?
Built in 2012, it is newer than 55% of homes on its street but older than 88% of homes in the broader Bridgwater Lakes neighbourhood, which contains many newer constructions. It offers a settled-in feel while still being a modern property.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specific details on the finish, rooms, or permits should be verified with the listing agent or through a viewing.
3. The last sold price seems low compared to the current assessment. Why?
The home last sold in December 2016 for $540,000. The current assessed value of $710,000 reflects market growth and changes over eight years, and is now in the top 3% for assessed value in Winnipeg. This gap highlights the importance of current market evaluation versus historical data.
4. How does the lot size and living space compare practically?
The lot is larger than average for the street, providing good outdoor space. More notably, the living area is exceptionally large for the community, meaning you get more interior room than most nearby homes, which is a key differentiator.
5. Are there any immediate comparable properties to gauge value?
The listing provides similar assessed value homes in other Winnipeg neighbourhoods, but for true comparables, focus on recent sales in Bridgwater Lakes, particularly on Rose Garden Crescent itself, as area desirability can vary even within a community.