24 Clear Spring Road

Property Overview: 24 Clear Spring Road, Bridgwater Lakes

Key Features & Ideal Buyer

This two-storey home in the popular Bridgwater Lakes neighbourhood presents a compelling blend of space, modern updates, and established community appeal. Built in 2014, its key characteristics include a generous 2,263 sqft living area, a fully renovated basement, and an attached garage, all situated on a large lot of nearly 12,000 sqft. The home’s recent sale price of $950k significantly surpasses its assessed value, indicating strong market demand and perceived worth.

The primary appeal lies in its move-in readiness combined with the desirability of the location. The renovated basement adds immediate functional space. From a value perspective, the property ranks in the top tiers for lot size, living area, and assessed value not just in its immediate area, but across the entire city of Winnipeg. This suggests a property that stands out for its substance. A less obvious point of appeal is its established lot and landscaping; being 12 years old, the yard and trees are more mature than in brand-new subdivisions, offering immediate privacy and a settled feel without the wait.

This home would best suit buyers looking for a turn-key property in a sought-after, family-oriented neighbourhood. It’s ideal for those who prioritize above-average interior space and one of the larger lot sizes in the area, and who value the data-backed reassurance of a home that performs well in key metrics against its local and city-wide peers.

Frequently Asked Questions

1. How does the recent sale price compare to similar homes?
The $950k sale price places this home in the top 11% of its neighbourhood and top 1% city-wide for recent sales, indicating it is a premium property within a desirable area.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the finish, layout, and permits should be verified through a viewing and disclosure documents.

3. Is the lot size typical for Bridgwater Lakes?
At 11,894 sqft, this lot is larger than 81% of others on Clear Spring Road and in the top 6% for the entire Bridgwater Lakes neighbourhood, making it a standout feature.

4. How does the assessed value relate to the sale price?
The assessed value is $97.70k, which is a municipal valuation for tax purposes. The much higher sale price reflects current market value, buyer demand for the home's specific features, and the premium for the location.

5. What is the neighbourhood like?
Bridgwater Lakes is a modern, planned community in Winnipeg. The provided data shows consistent high rankings for properties in this area, suggesting it is a stable and well-regarded neighbourhood with above-average property values.