Property Overview
This 2019-built two-storey home in Bridgwater Lakes presents a modern, low-maintenance living option in a desirable Winnipeg community. Its appeal lies in its contemporary construction, meaning major systems are under warranty and built to current standards, paired with a renovated basement that adds immediate functional space. The property sits on a lot that is above average in size for the street, offering good outdoor space for a newer neighbourhood.
The home would suit first-time buyers or young families looking for a move-in-ready property without the concerns of an older home. It's also a strong fit for professionals seeking a modern, efficient layout in a community known for its pathways and lakes. The above-average rankings for lot size, year built, and living area compared to most of Winnipeg suggest a property that offers more space and newer amenities than the typical city home, but within a established suburban setting.
Key Details & FAQs
- Key Characteristics: A 2,319 sqft two-storey built in 2019, featuring an attached garage and a renovated basement. The 5,905 sqft lot is larger than 63% of others on the same street.
- Primary Appeal: Modern construction with updated living space, minimal immediate repairs, and a premium lot size for the area. Its value has appreciated significantly from its 2021 sale price of $79.5k to a current assessed value of $75.4k.
- Ideal Buyer: Best suited for buyers prioritizing a newer home with modern finishes and a move-in-ready basement, likely first-time buyers, young families, or downsizers seeking single-level living potential.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The current assessed value is $75.4k. The home last sold in June 2021 for $79.5k. It's important to consult with a real estate professional for a current market valuation, as assessed value is for tax purposes and market conditions change.
2. What does "renovated basement" typically mean in a 2019 home?
In a home this new, a basement renovation usually means the lower level has been finished into livable space (e.g., a rec room, bedroom, or home office) with proper insulation, drywall, and flooring, adding usable square footage shortly after construction.
3. Is the lot size a significant feature?
Yes. At 5,905 sqft, the lot is larger than most on its street and in the broader neighbourhood. This is a notable advantage in newer communities where lot sizes can be smaller, providing more private outdoor space.
4. The home ranks highly compared to all of Winnipeg. What does that indicate?
Rankings in the top 5-10% citywide for year built, living area, and assessed value suggest this property offers a combination of newer age, more space, and higher perceived value than the vast majority of homes in Winnipeg, which includes many older properties.
5. What is the Bridgwater Lakes community like?
Bridgwater Lakes is a modern suburban neighbourhood in southwest Winnipeg known for its man-made lakes, extensive pathway networks, and newer home stock. It appeals to those seeking a contemporary community feel with active outdoor amenities.