Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2015, its key appeal lies in its move-in-ready condition, featuring a renovated basement and an attached garage. With 2,400 sqft of living space on a nearly 6,000 sqft lot, it provides ample room for a growing family or those who enjoy hosting.
The home’s value is underscored by its comparative rankings. It stands out in the wider Winnipeg context, ranking in the top 3% for both living area and assessed value among city properties. This suggests a well-sized home with strong municipal valuation. Within its immediate neighbourhood, it ranks highly for size (top 18%) and year built (top 34%), positioning it as a newer, above-average home for the area.
A thoughtful perspective for buyers is the home’s price history. While its current assessed value is strong, its last sale in 2020 was below the assessed value of comparable nearby homes, which could indicate room for equity growth or simply reflect a favourable past purchase. The property suits buyers looking for a modern home in a developed community without the wait and uncertainty of new construction. It would particularly appeal to professionals or families seeking space, modern amenities, and a property that holds a competitive position in the broader market.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
While it ranks highly for size and age on Clear Spring Road, the "better than" percentages reveal a street with diverse properties. It's newer and larger than most, but its assessed value is mid-range for the street, suggesting it may offer a balanced proposition rather than being the absolute top-tier property on the block.
2. What does the "renovated basement" likely entail?
The listing specifies a renovated basement, which in a 2015 home typically means a professional, modern finish rather than an older update. It likely adds significant liveable square footage, potentially as a family room, home office, or additional bedrooms, completed with contemporary materials.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $73.3k is for municipal tax purposes and is consistently in the top tier for Winnipeg. However, market price is determined by recent sales, condition, and demand. The provided comparable sales (like the 2020 sale at $66.5k) are more critical for understanding market trajectory.
4. Who might the neighbourhood ranking appeal to?
Ranking better than 54% of Bridgwater Lakes for lot size but 82% for living area indicates the home offers more interior space relative to its yard than many neighbours. This suits buyers who prioritize spacious living areas over extensive outdoor maintenance.
5. What is the significance of the nearby comparable properties listed?
Listings like 51 Clear Spring Rd (similar value, slightly larger) and 16 Bluemeadow Rd (same age, slightly smaller, lower value) provide concrete benchmarks. They suggest this home occupies a competitive middle ground in its immediate area, offering a balance of size, age, and value.