55 Willow Brook Road

Property Overview

This two-storey home at 55 Willow Brook Road is a modern, well-maintained property in the sought-after Bridgwater Lakes neighbourhood. Built in 2020, it sits on a large, 7,464 sqft lot and features 2,199 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its contemporary build, significant lot size, and strong performance in a popular community. The home last sold in August 2024 for $900,000, reflecting its desirability.

Key Characteristics & Ideal Buyer

The home’s primary strengths are its newness, generous lot, and recent basement renovation. It ranks in the top tiers for lot size, age, and assessed value within Winnipeg, indicating a premium property in a newer suburban area. Its standout feature is the outdoor space; the lot is substantially larger than many in the immediate street and neighbourhood, offering rare potential for privacy, gardening, or expansion.

This property would best suit a growing family or professional couple seeking a modern, turn-key home in a master-planned community. It appeals to those who value contemporary builds with low maintenance, community amenities, and the stability of a neighbourhood where most properties are similarly new and well-kept. The renovated basement adds immediate functional space for entertainment, a home office, or guests. A buyer looking for a home with strong recent value appreciation and above-average rankings city-wide would find this compelling.

Frequently Asked Questions

1. How does the lot size compare to typical properties in the area?
At 7,464 sqft, this lot is notably larger than many in Bridgwater Lakes, ranking better than 81% of the neighbourhood. It offers more yard space than most comparable newer homes.

2. What does the recent sale history indicate?
The home sold for $900,000 in August 2024, a significant increase from its previous sale price in 2020. This suggests strong market demand and value growth in this specific part of Bridgwater Lakes.

3. Is the basement renovation reflected in the assessed value?
The current assessed value is $75.70k, which is a municipal assessment for tax purposes and often lags behind market value. The recent sale price of $900k is a more accurate reflection of its market worth, likely influenced by upgrades like the basement renovation.

4. What is the neighbourhood ranking based on?
The rankings compare this property against others on the same street, in Bridgwater Lakes, and across all of Winnipeg for metrics like lot size, year built, and value. For example, it ranks in the top 3% in Winnipeg for assessed value, highlighting its premium positioning.

5. Are properties nearby similar in style and value?
The immediate neighbours on Willow Brook Road are homes of similar age and style, as it's a newer subdivision. The recent sale price places this home in the top 12% of the neighbourhood, indicating it is valued higher than many nearby properties.