Property Summary: 58 Sablewood Road, Bridgwater Lakes, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, modern one-storey home built in 2013, situated on a generous lot in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in a combination of a newer build, a quiet street setting, and a substantial land area that ranks above average for the street. The home features a detached garage and an unrenovated basement, presenting a clean slate for future customization.
The property suits first-time buyers or downsizers seeking a manageable single-level layout in a contemporary community. It also appeals to value-oriented buyers who prioritize land size and a newer building envelope over a large interior footprint, seeing potential in the basement and the established, desirable location. A thoughtful perspective is that while the living space is compact, the above-average lot size offers valuable outdoor space and future expansion potential not always found in newer suburbs.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is strong compared to Winnipeg overall, ranking in the top 23%. In its immediate neighbourhood and street, however, the assessment is more modest, which may reflect its smaller living area but could also indicate potential value relative to nearby homes.
2. What does the sales history show?
It last sold in November 2021 for $48,700. Prior to that, it sold in May 2019 for $38,300. This shows a period of appreciation between those sales, and the current assessed value sits reasonably between those two figures.
3. Is the lot size a significant feature?
Yes. At over 4,800 sq ft, the land area is larger than 53% of lots on the same street. In a newer neighbourhood where lots can be smaller, this provides more private outdoor space and is a key asset.
4. Who might find the living area suitable?
At 1,167 sq ft, the living area is compact. It would suit individuals, couples, or small families who prioritize efficient use of space. The unrenovated basement presents a clear opportunity to increase functional living space to suit a buyer’s needs.
5. What is the neighbourhood context?
Bridgwater Lakes is a modern, master-planned community. This home is on a quiet street, and the data shows most homes on the street are older, making this one of the newer properties built there, which can be an advantage for maintenance.