Property Overview
This two-storey home in Bridgwater Lakes is a well-maintained property built in 2014, offering a practical layout with nearly 2,000 square feet of living space on a generous lot. Its appeal lies in its modern age and established neighbourhood setting, providing a balance of newer construction comforts and a settled community feel. The home features a detached garage and an unfinished basement, presenting a straightforward opportunity for future customization.
The property would suit first-time buyers or young families looking for a move-in-ready home in a popular suburban area without the premium of a brand-new build. It’s also a sensible choice for value-conscious buyers who appreciate having a blank canvas in the basement to finish according to their own needs and budget, rather than paying for someone else’s renovations.
A thoughtful perspective is its relative value within the broader Winnipeg market. While its rankings are average within its immediate street and neighbourhood, it sits within the top 11% of the entire city for living area and assessed value, suggesting you get more space for your dollar here compared to many other Winnipeg locales. The steady, incremental increase in its sold price over the past seven years points to a stable investment in a desirable community.
Frequently Asked Questions
1. Is the basement suitable for finishing?
Yes, the basement is unfinished, which means it has not been renovated. This allows a new owner to design and finish the space to their specific needs, whether for extra bedrooms, a recreation room, or storage.
2. How does this property compare to others in Bridgwater Lakes?
Based on the data, this home is newer than about 55% of properties in the neighbourhood and has more living area than about 46% of them. Its lot size is larger than about 78% of homes in the area, offering above-average outdoor space.
3. What does the price history indicate?
The home has sold three times since 2017, with each sale price showing a healthy increase over the previous one. This pattern indicates consistent appreciation in value within its market segment.
4. Who is the typical buyer for this home?
This property is particularly well-suited for first-time homeowners or growing families seeking a modern, two-storey layout in a family-oriented suburban community like Bridgwater Lakes. Its condition and unfinished basement also appeal to buyers looking to add personal value over time.
5. Are there any immediate major costs to anticipate?
As a home built in 2014, major structural components should be in good condition. The main considerations would be routine maintenance and, if desired, the future cost of finishing the basement. There is no pool, which simplifies upkeep.