38 Brookfield Crescent

Property Overview: 38 Brookfield Crescent, Bridgwater Lakes

Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Lakes neighbourhood offers a compelling mix of space, modern age, and established community appeal. Built in 2015, it strikes a balance between being relatively new—avoiding the concerns of an older home—while being past the initial settling-in period of a brand-new build. Its primary strengths are its generous proportions: a living area of over 2,500 sqft sits on a large 6,651 sqft lot, offering ample room both inside and out. The attached garage and full (though unrenovated) basement add to its functional utility.

The appeal lies in its standout position within its immediate context. The home ranks in the top tier for size, assessed value, and recent sale price not just on its street, but across the wider Winnipeg area. This suggests a property that has been well-maintained and is situated in a desirable pocket of the community. It’s a home for buyers who prioritize space and a proven, stable location over turn-key, high-end finishes. It would suit a growing family seeking room to expand in a mature, amenity-rich suburban neighbourhood, or a value-conscious buyer looking for a "blank canvas" with a solid foundation, where future basement renovations could significantly increase living space and personal equity.

Frequently Asked Questions

1. What does the "rank" data actually mean?
The percentile rankings compare this property directly to others on its street, in Bridgwater Lakes, and across all of Winnipeg. For example, ranking "Better than 99% in same street" for living area means it is larger than virtually every other home on Brookfield Crescent, indicating it's one of the largest models in the area.

2. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or partially finished with basic builder-grade features. It presents a cost-effective opportunity to add significant value and customized living space, but requires planning and budget for renovation.

3. The home sold in 2022 for $777k, but the current assessed value is $688k. Why the difference?
Assessed value is for municipal tax purposes and often lags behind the market. The 2022 sale price is a concrete market transaction and is a more relevant indicator of its recent market value, especially given it ranks so highly compared to other Winnipeg sales.

4. The lot is large, but what about the neighbourhood feel?
Bridgwater Lakes is a planned community with parks, pathways, and lakes. A large lot here offers more private outdoor space than many newer subdivisions, while still providing the benefits of a walkable, family-oriented area with nearby schools and amenities.

5. Who might this home not suit?
Buyers seeking a move-in-ready home with high-end, modern finishes throughout may find the unrenovated basement a drawback. Additionally, those preferring a very mature, tree-established streetscape might note the neighbourhood is still developing its full canopy, given its 2015 build date.