Property Overview: 291 Brookfield Crescent, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2014, presents a practical opportunity in Winnipeg's Bridgwater Lakes community. Its key characteristics include a renovated basement, a detached garage, and a 1,485 sqft living area on a 4,250 sqft lot. The appeal lies in its modern build age—newer than 91% of Winnipeg homes—and its solid assessed value ranking, which is in the top 15% citywide. The 2020 sale price suggests a potentially attractive entry point for the neighbourhood.
The property suits two main types of buyers. First, it’s ideal for a first-time buyer or young family seeking a relatively newer, low-maintenance home in a planned community without the premium price of a brand-new build. Second, it appeals to the value-conscious buyer who sees potential in a home with a finished basement and is comfortable with a property that may benefit from personal updates, as some interior size rankings within its immediate area are modest. A less obvious perspective is its potential as a longer-term hold in a community that is still maturing; as the neighbourhood fully establishes, its newer construction relative to the broader city could become an even stronger asset.
Frequently Asked Questions
1. How does the property’s size compare to the neighbourhood?
The living area of 1,485 sqft is smaller than most homes in Bridgwater Lakes, ranking in the top 91% (meaning 91% of area homes are larger). However, the lot size is also above average for the street.
2. What does the assessed value ranking indicate?
With an assessed value in the top 15% for Winnipeg, the property is officially valued well above the city median. This can be a positive indicator for municipal investment and comparative value, though market price is determined by buyers.
3. The 2020 sale seems high compared to neighbours. Why?
The data shows that sale price ranked lower than nearly all comparable sales in the area at that time. This historical point may reflect a unique circumstance or condition at the time of sale and underscores the importance of a current market evaluation.
4. Is the renovated basement a major feature?
Yes. A finished basement in a 2014 home adds immediate functional living space without the project burden for a new owner, which is a significant practical advantage.
5. Who might this property not suit?
Buyers seeking a large interior footprint or top-tier finishes for the Bridgwater Lakes area may find this home less suitable. It appeals more to those prioritizing the advantages of a newer build and a renovated basement over maximum square footage.