Property Overview
This two-storey home in Bridgwater Lakes is a modern property built in 2019, offering a move-in-ready canvas in a newer community. Its key appeal lies in its balance of contemporary foundations and future potential. The home sits on a generous 5,189 sqft lot—a notable size for the area—and features an attached garage and an unfinished basement, providing clear space for customization. While the living area is more compact compared to many neighbours, this positions the property as an efficient and manageable space for the right buyer.
The home would suit first-time buyers or young families looking for a modern build in a popular area without the premium price of a fully finished or larger home. It’s also a sensible choice for practical investors or downsizers who value a low-maintenance, newer structure but see potential in personalizing the basement over time. A thoughtful perspective is that its lower rank in size and assessed value on its own street might represent a relative value entry point into a desirable, newer neighbourhood where land size is a lasting asset.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is unfinished. This provides a blank slate for future expansion or storage, allowing a new owner to customize the space to their needs and budget.
2. How does this home compare in size to others nearby?
With 1,565 sqft of living space, this home is more compact than many in Bridgwater Lakes. This makes for efficient living and can mean lower utility costs, but it's important to ensure the layout meets your space requirements.
3. The assessed value is high relative to recent sale prices on the street. Why?
The home’s current assessed value is significantly higher than its 2021 sale price and ranks highly city-wide, likely reflecting the modern build year and overall market increases. It’s wise to research recent sales of comparable homes to understand current market value.
4. What are the benefits of the lot size?
At over 5,000 sqft, the lot is larger than many in Winnipeg and offers ample outdoor space for gardening, play, or entertaining—a valuable feature in a newer subdivision.
5. What does the "ranking" data mean?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg for metrics like size and assessed value. They show, for instance, that while the home is newer than most, its living area is more modest compared to immediate neighbours, providing context for its positioning in the market.