Property Overview
This well-situated family home in Bridgwater Lakes offers a blend of space, modern updates, and established community living. Built in 2012, it presents a practical and comfortable living environment with notable outdoor space.
Key Characteristics & Appeal
The home’s primary appeal lies in its generous, nearly 10,000 sqft lot, which places it in the top 3% for size on its street. This provides significant room for gardening, play, or future expansion. The living space is practical at 1,488 sqft, and key updates include a renovated basement, adding valuable finished square footage. With an attached garage and a 2012 build date, it offers modern construction without the premium of a brand-new home.
Its strongest suit is its above-average positioning within the broader market. The property ranks in the top 10% in Winnipeg for both lot size and assessed value, suggesting a solid, high-value asset in a desirable city quadrant. It particularly suits growing families or downsizers who prioritize a large, private yard in a newer community. It’s also a sensible choice for value-conscious buyers looking for a move-in-ready home with a renovated basement in an area that has shown strong value retention, as indicated by its substantial increase in assessed value since its last sale.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large for a modern subdivision, ranking better than 94% of all properties in Winnipeg. This is a standout feature for the area.
2. The home was built in 2012. What does that imply for maintenance?
As a 14-year-old home, major structural components are still in good condition, but it is entering the period where original appliances, roof shingles, and HVAC systems may soon need inspection or planned replacement.
3. The assessed value has risen significantly since 2021. What does this mean?
The increase to $580,000 reflects strong market appreciation for the Bridgwater area and this specific property. It sets a formal benchmark for municipal taxes, but the market sale price will be determined by current conditions and buyer competition.
4. Is the living space smaller than average for the neighbourhood?
At 1,488 sqft, the above-grade living area is modest for Bridgwater Lakes, ranking better than only 10% of the neighbourhood. However, the renovated basement effectively expands the usable living space, making the total footprint more competitive.
5. What is the neighbourhood character of Bridgwater Lakes?
It’s a modern, master-planned community with a focus on families, parks, and lakeside pathways. The property’s high lot-size ranking suggests it is one of the more spacious offerings within this newer community fabric.