Property Overview
This well-maintained two-storey home in Bridgwater Lakes offers a blend of modern comfort and established community appeal. Built in 2014, it sits on a generous 8,017 sqft lot, providing ample outdoor space that is increasingly rare in newer subdivisions. The home's 2,072 sqft of living space has been thoughtfully updated, including a renovated basement, and features an attached garage.
Its appeal lies in a proven record of value growth and its position within a desirable, mature pocket of the neighbourhood. The data indicates it consistently ranks in the top tier of the street and wider area for lot size, living space, and assessed value. This isn't just a house; it's a property in a proven location where investments have historically been rewarded. It would perfectly suit growing families or professionals looking for a move-in ready home in a stable community with room to breathe, without the wait and uncertainty of a brand-new build.
Key Details & FAQs
Key Characteristics & Appeal:
The home’s standout feature is its substantial lot, placing it in the top 6% on its street. This allows for private outdoor living, gardening, or future expansion. Combined with a renovated basement and above-average living area, it offers functional space for daily life and entertaining. Its strong assessed value and solid sale history in 2020 and 2022 suggest a stable and appreciating asset. The appeal is for the buyer who wants the modern amenities of a 12-year-old home within a settled community, avoiding the raw landscaping and ongoing development of newer areas. It suits a practical buyer who values data-backed performance—like its rankings in the top 11% citywide for living space—as much as the physical features.
Frequently Asked Questions:
1. What does the "ranking" data actually mean?
The percentile rankings compare this property against specific groups (its street, neighbourhood, and city) for metrics like lot size and assessed value. For example, "Better than 94% in same street" for land area means this lot is larger than 94% of others on Brookfield Crescent, highlighting its relative scarcity and appeal.
2. The last sale was in 2022. Is there a reason for a potential quick turnaround?
Not necessarily. The 2022 sale likely reflects a normal life change for the previous owners. The property’s continued high assessment value and the completion of renovations (like the basement) during their tenure suggest a well-maintained home, not a problematic one.
3. How does the renovated basement add value?
A finished basement immediately adds functional living space, which could serve as a family room, home office, or guest area. It enhances the home's utility without the buyer needing to undertake a major project, offering both immediate enjoyment and energy-efficiency consistent with the home's age.
4. Bridgwater Lakes is a large community. What is this specific area like?
Being on a crescent with homes dating back to 2014, this section is among the more established parts of Bridgwater Lakes. The landscaping is mature, and the community feel is settled, offering a quieter atmosphere compared to streets still under active construction at the edges of the area.
5. The assessed value is lower than the 2022 sale price. Is that a concern?
No, this is typical. Municipal assessed values for tax purposes often lag behind current market values and use a different valuation method. The consistent upward trend from the 2020 sale price to the 2022 sale price, both well above assessment, indicates strong market demand for this home specifically.