Property Overview & Key Characteristics
This renovated bi-level home at 46 Clear Spring Road in Bridgwater Lakes offers a compelling mix of space, location, and value. Built in 2012, it sits on a large 11,623 sqft lot, which is notably larger than most in the immediate area and ranks in the top 7% for lot size within the neighbourhood. The 2,209 sqft living area is spacious and ranks highly city-wide. A key feature is the renovated basement, adding to the functional living space. The home’s standout characteristic is its assessed value of $130.1k, which places it in the top 5% of the neighbourhood and suggests a strong valuation foundation compared to nearby properties.
The appeal lies in this combination of a premium-sized lot in a modern community, coupled with a home that has been updated. It suits buyers looking for a established home in a sought-after area without the wait of new construction, particularly those who value generous outdoor space and the potential that comes with a renovated lower level. A thoughtful perspective is that while the home is newer, its 2012 build date means major components are likely still in good condition, offering a balance between modern standards and settled-in community maturity. The significant gap between its assessed value and that of direct neighbours (e.g., $74.3k at #51) indicates unique attributes or improvements that are formally recognized.
Frequently Asked Questions
1. How does the lot size compare practically?
At over 11,600 sqft, the lot is substantially larger than many in Bridgwater Lakes. This isn't just a statistic—it translates to more private backyard space, greater potential for landscaping, gardens, or recreation, and typically more distance from neighbouring homes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes legal secondary suite potential or additional bedrooms should be verified with the listing agent, as these details significantly impact utility and value.
3. The assessed value seems high compared to neighbours. Why?
Municipal assessed value is based on market value and property characteristics. This home’s assessment is in the top tier for Winnipeg, likely reflecting its large lot, living area, and recent renovations. It’s a strong indicator of its official valuation but should be considered alongside a current market appraisal.
4. Is the 2012 build date a positive?
Yes, for buyers seeking a home past its initial settling period where any early construction issues would likely be resolved, while still benefiting from modern building codes, energy efficiency, and floorplans. It’s a "sweet spot" of being established but not dated.
5. Who would this home not suit?
It may not suit those seeking a brand-new, never-lived-in build or a home on a compact, low-maintenance lot. The bi-level style also involves split-level stairs, which is a consideration for accessibility.