Property Summary: 55 Clear Spring Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home in Bridgwater Lakes is a modern property, built in 2018, offering a move-in-ready foundation with room for personalization. Its key appeal lies in a combination of newer construction within a well-established suburban neighbourhood. The home sits on a generous lot (over 5,900 sq ft) and features over 2,150 sq ft of living space with an attached garage and an unfinished basement—a significant blank canvas for future expansion.
The property’s standout metrics are its age and efficiency relative to Winnipeg overall; it ranks newer than 95% and more valuable than 96% of homes citywide. This suggests a solid, modern asset with lower immediate maintenance concerns. However, the context within its own immediate street is more nuanced. While the home is newer than most on the block, its lot size and past sale value rank in the lower half for Clear Spring Road, indicating it may offer better relative value compared to pricier neighbours.
This home would suit first-time buyers or young families seeking a modern build in a popular planned community without paying a premium for a fully renovated interior. The unfinished basement is a major pro for buyers looking to customize space to their exact needs over time. It’s less suited for those seeking a turnkey, fully developed home or the largest property on the street.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
While newer than 89% of homes on Clear Spring Road, its prior sale price and current lot size rank in the lower third for the street. This can represent an opportunity to own a newer home on a desirable street at a potentially more accessible point.
2. What does the "unfinished basement" entail?
The basement is structurally complete but not developed into living space. It provides rough-ins for future bathrooms and living areas, offering significant flexibility but requiring an investment to finish.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value ($66.7k) is for municipal tax purposes. The last known sale was in 2019 for $61.4k. The listing price will be based on current market conditions, which are not provided in this data.
4. What is the Bridgwater Lakes neighbourhood like?
It's a master-planned community in Winnipeg's southwest, known for newer homes, parks, ponds, and pathways. The provided comparable properties all lie within this neighbourhood, indicating consistency in style and value.
5. Why are the citywide rankings so high compared to the street rankings?
This highlights the character of the immediate area. Clear Spring Road and Bridgwater Lakes consist of relatively new, valuable homes. Therefore, while this property ranks highly citywide, it faces stiffer competition from its direct, similarly modern neighbours.