Property Overview: 320 Bridge Lake Drive, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home in Bridgwater Lakes is a modern, well-sized property built in 2016. With 2,345 sqft of living space on a 5,667 sqft lot, it offers ample room for a growing family. The home features an attached garage and an unfinished basement, presenting a blank canvas for future customization.
Its primary appeal lies in its strong standing within a desirable, newer community. The property ranks in the top tier for both size and assessed value not just on its street, but across the entire city of Winnipeg. Specifically, it sits in the top 4% of Winnipeg for living area and the top 5% for assessed value, indicating a premium, above-average offering for the market. The neighbourhood itself is relatively new, with the home being newer than 93% of properties in Winnipeg.
This home would best suit buyers looking for a move-in ready, modern property in a planned community who also value the potential to add their own touch. The unfinished basement is a key feature for those wanting to expand living space or create a tailored recreation area, gym, or suite in the future. It’s an ideal fit for professionals or families seeking a home with strong intrinsic value and room to grow, both inside and out.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being "better than 96% in Winnipeg" for living area means only 4% of homes in the city are larger. This quantifies the home's relative size, newness, and value.
2. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it represents significant potential. For many buyers, this is preferable to a poorly or personally renovated basement, as it allows for a custom design without the cost of undoing someone else's work.
3. The home sold recently in January 2025. Why is it back on the market?
This is not indicated in the provided data. The sale history shows a transaction, but not the current listing status. This would be an important point to clarify with the listing agent to understand the circumstances.
4. How does the assessed value compare to the last sale price?
The city's assessed value is $64.10k, while it sold for $64.50k in early 2025. The close alignment suggests the market price and municipal assessment are in agreement, which can provide confidence in its valuation.
5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a master-planned community in Winnipeg's Waverley West area. It is known for its newer homes, parks, ponds, and pathways. The high rankings for this home's characteristics within the neighbourhood suggest it is among the larger and more valuable properties in this popular area.