Property Summary: 23 Timbercrest Court, Bridgwater Lakes
Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Lakes neighbourhood offers a compelling blend of space, modernity, and established value. Built in 2013, it sits on a notably large lot (over 10,000 sq ft) that ranks in the top tier for its street and area, providing ample outdoor potential. The 2,372 sq ft living area is spacious for the community, placing it comfortably above average. Key features include an attached garage and a renovated basement, adding valuable finished space.
The appeal lies in its strong positional metrics within a newer, sought-after suburb. It consistently ranks in the top quartile for lot size, living area, and assessed value not just on its street, but across Winnipeg, suggesting a property that stands out in its category. The 2021 sale price of $650k, combined with a current assessed value that ranks in the top 3% citywide, indicates a history of solid value retention. This home suits buyers looking for a move-in ready, spacious family home in a modern community without being on the very newest edge of development. It’s ideal for those who prioritize a larger yard and above-average interior space, and who appreciate a property with performance metrics that consistently outperform its peers.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The 10,072 sq ft lot is exceptionally large, ranking better than 94% of all properties in Winnipeg. This is a significant feature, especially in a newer neighbourhood where lot sizes are often smaller.
2. The home was last sold in 2021. What does the price history suggest?
The $650k sale in mid-2021 occurred during a peak market period. Its current high assessed value ranking suggests the property has maintained a strong value baseline since that time, which can be a positive indicator of stability.
3. Is the 2013 build year considered old for this area?
Bridgwater Lakes is a relatively new community. While the home is not brand new, its 2013 construction means major components are still within their typical lifespan, and the neighbourhood itself is well-established with mature amenities. It ranks as newer than 90% of homes in Winnipeg.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent. This should be a key point of inquiry to understand the finish quality, layout, and whether it includes permits or additional bedrooms.
5. How does this property rank within its immediate street?
It ranks highly on its own cul-de-sac (Timbercrest Court), placing in the top 17% for lot size, living area, and assessed value among its 12 direct neighbours, indicating it is one of the more substantial homes on the block.