Property Overview & Key Characteristics
This two-storey home at 50 Bluemeadow Road in Bridgwater Lakes is a well-established modern property, built in 2014. Its primary appeal lies in its generous proportions and strong standing within the broader Winnipeg market. The home features a 2,700 sqft living area, which is notably larger than most comparable properties in the city, and sits on a substantial 5,666 sqft lot. It includes an attached garage and an unrenovated basement.
The home’s value proposition is clear in its rankings: it sits in the top tier for size, assessed value, and age when compared to all of Winnipeg. This suggests a property that offers more space and a newer build than the vast majority of the market. It would particularly suit buyers looking for a move-in ready, spacious family home in a planned community, who prioritize above-average square footage and a newer construction date over a recently updated basement. The strong assessed value relative to its last sale price in 2016 also indicates significant appreciation, which may appeal to value-conscious buyers.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for its living area (top 6% on the street) and is newer than most (top 15%). Its assessed value is also above average for Bluemeadow Road.
2. What does the "unrenovated basement" mean?
The basement is finished but has not been recently updated. It presents a blank canvas for future customization but may not have the modern finishes found in the main living areas.
3. Has the property value increased since it was last sold?
Yes. It sold for $550,000 in 2016 and now carries an assessed value of $690,000, reflecting the market appreciation over eight years.
4. Who might this property not suit?
Buyers seeking a turn-key home with a fully modernized basement or those looking for a smaller, lower-maintenance property may find it less ideal.
5. How does Bridgwater Lakes compare to other Winnipeg neighbourhoods?
The provided data shows this specific home outperforms most Winnipeg properties in key metrics. The neighbourhood itself appears to consist of relatively newer homes, with this property ranking highly within that context for size and value.