299 Brookfield Crescent

Property Summary: 299 Brookfield Crescent, Bridgwater Lakes

Section 1: Overview & Appeal

This well-presented two-storey home in the popular Bridgwater Lakes neighbourhood offers a balanced blend of space, modern updates, and a strong community setting. Built in 2014, it sits on a generous lot that is larger than most on its street, providing ample outdoor space. A key feature is the renovated basement, which adds valuable finished living area to the home's 1,927 sqft footprint.

The appeal lies in its established yet modern feel within a newer community. The data suggests it outperforms many local comparables, ranking highly for its lot size, newer age, and assessed value relative to much of Winnipeg. This indicates a property that has been maintained and holds its value well in the broader market. It would suit young families or professionals seeking a move-in ready home in a sought-after area, offering room to grow without the wait and uncertainty of a new build. A thoughtful perspective is that while the neighbourhood ranking is moderate, the home itself consistently scores in the top tiers for its specific street and city-wide metrics, suggesting the property is a standout within its immediate surroundings.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
With 1,927 sqft, this home offers more living space than approximately 77% of other houses on Brookfield Crescent and 89% of homes across Winnipeg, providing above-average room for its setting.

2. What does the assessed value indicate?
The $595,000 assessment is significantly higher than the 2024 sale price of $565,000 and ranks higher than 93% of Winnipeg properties. This typically suggests strong municipal valuation, which can be a positive indicator of the home’s perceived worth and potential equity.

3. Is the neighbourhood considered established?
Bridgwater Lakes is a developing community. With a 2014 build date, this home is newer than 91% of Winnipeg houses but is now a 12-year-old property on a mature lot, offering a settled feel while the wider area continues to grow.

4. What are the key features not to overlook?
Beyond the renovated basement and detached garage, the lot size of 4,933 sqft is a standout. It’s larger than over half the lots on the street, which is a valuable and fixed asset in newer subdivisions where lots are often smaller.

5. How does its value trajectory look?
The home sold for $565,000 in late 2024, which is below its current assessed value. This recent sale provides a clear, up-to-date market benchmark for buyers. Its high rankings for year-built and value locally suggest it is a relatively modern home holding its position well in the market.