Property Overview: 27 Springwater Road, Bridgwater Lakes
Key Characteristics & Buyer Profile
This is a modern, two-storey home built in 2019, offering a move-in-ready foundation in the popular Bridgwater Lakes community. Its key appeal lies in its balance of contemporary age and established neighbourhood living. The home sits on a generous 5,430 sqft lot—larger than most on its street—and features over 2,000 sqft of living space with an attached garage and an unfinished basement, presenting a clean slate for future customization.
The property suits first-time buyers or young families seeking a newer build without the premium of a brand-new home, and value-conscious buyers who see potential in personalizing an unfinished basement. A thoughtful perspective is its relative newness within an established street; while the home itself is newer than 78% of its immediate neighbours, its lot size ranks highly, suggesting it may offer more outdoor space than newer infill properties. It’s a practical choice for those who want a low-maintenance, modern structure but also desire room to grow outdoors or add value through a basement renovation down the line.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
It is a newer home in the neighbourhood, built more recently than 95% of surrounding properties. Its living area is above average for the area, while its lot size is larger than most on Springwater Road itself.
2. Is the basement usable in its current state?
The basement is included but is noted as "not renovated." It is unfinished, meaning it has bare walls and concrete floors, offering significant potential for future development to suit a buyer's needs and budget.
3. What does the assessed value versus the last sold price indicate?
The home was last sold in 2019 for $48.5k and now has a municipal assessed value of $61.5k. This change reflects market adjustments and property assessments over time, but the listing price should be confirmed, as it is not provided in this data.
4. Who might this property not suit?
It may not suit buyers seeking a fully turnkey home with a finished basement or those desiring an older, character-filled property. It also may not appeal to buyers looking for a top-tier lot size within the wider Winnipeg area, as it ranks in the middle ranges locally.
5. What is the immediate neighbourhood like?
The home is on a quiet residential street within the master-planned Bridgwater Lakes community. The provided data shows nearby properties are of similar age and style, indicating a consistent, modern streetscape.