Property Overview: 451 North Town Road, Bridgwater Lakes
Key Characteristics & Ideal Buyer
This is a well-established, two-storey home in the popular Bridgwater Lakes neighbourhood, built in 2013. Its primary appeal lies in a combination of generous outdoor space and a modern, updated interior. The property sits on a large lot over 10,000 sqft, which is notably larger than most in the area, offering significant room for gardening, play, or expansion. The home itself features a renovated basement, adding valuable finished living space to the 1,872 sqft main footprint.
The home suits two main types of buyers. First, it’s ideal for growing families seeking a move-in ready home in a family-oriented community, where the large yard is a major asset. Second, it appeals to value-conscious buyers looking for a property with above-average land size—a less replaceable feature than the house itself—in a newer suburb. A thoughtful perspective is that while the living area is modest for the street, the lot size and recent renovations offer a balance, presenting an opportunity to own a substantial piece of land in a sought-after area without the premium of a brand-new build.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 10,136 sqft lot is a standout feature, ranking larger than approximately 96% of properties on the same street and placing it in the top 4% locally.
2. What is the recent history of value for this home?
It last sold in September 2022 for $610,000. Prior to that, it sold in January 2016 for $432,000, indicating a history of value appreciation over time.
3. Is the basement development a full suite?
The listing confirms the basement is renovated, but does not specify if it is a legal suite with a separate entrance. This would be a key point to clarify with the listing agent.
4. How does this home rank for space within the neighbourhood?
The living area of 1,872 sqft is fairly typical for the area, ranking near the middle for the neighbourhood. The appeal here is weighted more toward the large lot and the renovated condition.
5. What are the comparable properties like?
The provided comparables with similar assessed values (~$593k) are located in various other neighbourhoods, suggesting this home’s value is aligned with the wider Winnipeg market for properties at this assessment level.