Property Overview
This two-storey home on a generous lot in Bridgwater Lakes is a modern, low-maintenance property with strong foundational value. Built in 2018, it offers the appeal of a newer build without the initial settling-phase concerns. Its key draw is a renovated basement, adding immediate liveable space. The data suggests a home that outperforms many local comparables, particularly in its assessed value and recent sale price history, indicating it has been a solid investment within its area.
The property would suit first-time buyers or young families looking for a move-in-ready home in a newer community, as well as value-conscious buyers who appreciate a home with recent updates (like the basement) and quantifiable market strength. Its above-average rankings for lot size, living area, and value metrics in Winnipeg make it a practical choice for those prioritizing a balance of space and modern convenience.
Frequently Asked Questions
Q: How does this home's value compare to others in the area?
A: The data shows it ranks highly. Its last sold price (June 2022) was better than 98% of Winnipeg properties, and its current assessed value is in the top 4% city-wide, suggesting it has held and grown its value very well compared to the broader market.
Q: What is the neighbourhood like?
A: Bridgwater Lakes is a newer, master-planned community in Winnipeg. The home itself is newer than 88% of properties in the immediate neighbourhood, meaning you’re surrounded by modern builds with similar aesthetics and infrastructure.
Q: Is the basement renovation reflected in the assessed value?
A: While assessed values don't always capture recent renovations perfectly, this home's assessment is in the top 4% in Winnipeg and is higher than 66% of homes in the neighbourhood. This strong assessment likely reflects the overall quality and finished state of the property, including the basement.
Q: How does the lot size compare?
A: At just over 5,500 sqft, the lot is larger than half the lots on Creekside Road and offers above-average outdoor space for the community, which is a notable feature in newer subdivisions where lots can be smaller.
Q: What might the ranking data mean for future resale?
A: The consistent rankings in the top percentiles for key metrics (like year built, living area, and value) within Winnipeg suggest a desirable profile that should remain competitive. It indicates the home has features that are quantifiably above average in the city's market, which is a positive signal for long-term equity.