Property Overview
35 Bluemeadow Road is a well-maintained, one-storey home in the popular Bridgwater Lakes neighbourhood. Built in 2013, its key appeal lies in its modern foundation paired with a renovated basement, offering move-in-ready potential. The home sits on a generous, nearly 5,000 sqft lot with an attached garage. Its core strength is its balance: it's a newer home in a sought-after area, presenting a solid opportunity for buyers who value modern construction but don't require a large above-ground footprint.
The property’s statistical profile reveals some nuanced perspectives. While the living area is more compact compared to many in the immediate area, the home ranks highly city-wide for its newer age and assessed value, suggesting it is a competitively priced, modern property within Winnipeg’s broader market. This combination makes it particularly suited for first-time buyers, downsizers, or investors seeking a modern, low-maintenance property in a family-oriented community. The renovated basement adds valuable flexible space, which could serve as a rec room, home office, or separate living area.
Frequently Asked Questions
Is this a good value for the neighbourhood?
The assessed value ranks in the top 11% city-wide, indicating strong municipal valuation for its age and type. While the living space is modest for Bridgwater Lakes, the price likely reflects that, positioning it as a more accessible entry point into this modern community.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and potential uses of the additional space.
How does the lot size compare?
At 4,953 sqft, the lot is larger than average and ranks well locally. This is a significant asset, offering good outdoor space for gardening, play, or entertaining, which is sometimes limited in newer communities.
Why is the sold price from 2020 lower than the current assessed value?
The 2020 sale price reflects the market conditions of that time. The current assessed value is the city's estimate for taxation purposes as of its last valuation cycle, and market value is determined by current buyer competition. This difference highlights the importance of a current market analysis.
Who would this home not suit?
Buyers requiring extensive above-ground living space or multiple main-floor bedrooms may find the layout limiting. It is best suited for those comfortable with a compact main floor plan, supplemented by the finished basement for additional living area.