Property Overview
This two-storey home in Bridgwater Lakes, built in 2013, presents a well-maintained and modern living space. Its key appeal lies in its balance of a newer build within an established neighbourhood, offering a renovated basement and a generous 4,675 sqft lot. The home’s living area of 1,718 sqft provides comfortable family-sized accommodation, complemented by a detached garage.
The property is particularly suited to 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 construction. Its strong rankings—especially being newer than 90% of Winnipeg homes—suggest a property with less immediate maintenance concern. The renovated basement adds valuable flexible space, whether for recreation, a home office, or guest accommodation. A thoughtful perspective is the lot size: while the home ranks in the middle of its street for living space, the land area is above average, offering good outdoor potential relative to many newer subdivisions.
Frequently Asked Questions
How does the property’s assessed value compare to its last sale price?
The current assessed value is $55,200, which is approximately 11% higher than its last sold price of $49,700 in November 2021. This indicates market growth in the period, though the final sale price is always determined by current market conditions.
What do the ranking percentages actually mean?
The rankings compare this property to others in its immediate street, neighbourhood, and all of Winnipeg. For example, being “newer than 90% of Winnipeg” (Top 10%) is a significant strength, while its size ranking within its own Bridgwater Lakes neighbourhood is more moderate, suggesting it’s a typical-sized home for the area.
Is the lot size a standout feature?
Yes. At 4,675 sqft, the land area is a key characteristic. It ranks better than the home’s living area relative to the neighbourhood and city, providing above-average outdoor space for a 13-year-old home in this community.
What is the significance of having a detached garage?
A detached garage offers flexibility. It can be ideal for a workshop, additional storage, or projects, potentially reducing noise and activity from the main house. Some buyers prefer this separation, while others may favour the convenience of an attached garage, especially in winter.
The home ranks highly for being new, but what about its location within Winnipeg?
Bridgwater Lakes is a planned community in the Waverley West area. The high “newer than” rankings confirm its modern suburban character. Buyers are drawn to the community amenities and newer infrastructure, but should consider their commute, as it is a south Winnipeg suburb.