This two-storey home in Bridgwater Lakes, built in 2020, presents a modern, low-maintenance living option in a newer Winnipeg community. Its key appeal lies in its balance of contemporary build quality, generous interior space, and a sizable lot. With over 2,700 square feet of living area and a 5,710 sqft property, it offers substantial room for a growing or established family. The attached garage and existing (but unrenovated) basement add functional space and future potential. Rankings indicate its living area is notably larger than most comparable homes in the area, while the lot size is more typical for the street. As a home only six years old, major systems and finishes are likely still within their functional lifespan, offering a reprieve from immediate large-scale renovations.
The property would suit buyers seeking a turn-key, modern home in a planned neighbourhood who value space and a blank-canvas basement to customize later. It’s a practical choice for those who want newer construction amenities without the premium of a brand-new build, and for whom a pristine, renovated basement is not an immediate priority.
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What is the significance of the lot size rankings?
While the property itself is quite large, the lot is ranked as larger than only 13% of others on the same street. This suggests homes on Pebble Creek Gate may have varying lot sizes, and this one, while a good size overall, is on the smaller side within its immediate block.
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How should the assessed value be interpreted?
The assessed value of $69,200 is for taxation purposes only and is typically much lower than market value. It’s useful for comparing property tax burdens, not for determining a sale price. The fact it ranks highly city-wide indicates it's a relatively high-value home in Winnipeg's tax assessment framework.
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What does the sale history from 2020 tell us?
The home sold for $55,200 in July 2020, likely near its initial completion. This base price is a useful reference point for understanding how the market has moved in the area over the past four years.
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Is the basement finished?
No, the basement is noted as "not renovated." This means it is likely an unfinished space, offering storage and future living area potential, but requiring investment to become a livable recreation room, suite, or additional bedrooms.
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What are the trade-offs of a newer home in a community like Bridgwater Lakes?
The benefits are modern standards, energy efficiency, and minimal repair needs in the short term. The trade-offs can include less mature landscaping, potentially higher lot density, and the evolving character of a still-developing neighbourhood compared to established areas with larger trees and settled community amenities.