60 Bluemeadow Road

Property Overview & Key Characteristics

This 2013-built, one-storey home in Bridgwater Lakes sits on a generous 5,885 sqft lot and offers 1,815 sqft of living space. Its key appeal lies in a combination of space, modern age, and strong value metrics. The home features an attached garage and a renovated basement, adding functional living area.

Its standout characteristic is its financial positioning. The assessed value ranks in the top 3% of Winnipeg, suggesting very strong municipal valuation relative to the market. While the living area is fairly typical for the neighbourhood, the lot size is above average, offering good outdoor space. The home suits buyers looking for a modern, low-maintenance bungalow style in a newer suburb, particularly those who value a large yard and a finished basement for extra flexibility. It’s a practical choice for small families, empty-nesters, or professionals seeking a move-in ready property with proven value appreciation, as evidenced by its steady price increases in recent sales.

Frequently Asked Questions

1. How does this home’s value compare to the immediate area?
The assessed value ranks better than 79% of homes on its street and 76% in Bridgwater Lakes, indicating it is considered a higher-value property within its own community, not just city-wide.

2. Is the lot size a significant feature?
Yes. At nearly 5,900 sqft, the lot is larger than over half the properties on the street. This offers more private outdoor space than many newer suburban homes, which is a less obvious but valuable asset.

3. The living area seems average; where does the value come from?
The value is likely driven by the combination of the renovated basement (adding functional space), the desirable bungalow style, the large lot, and the home's relatively new age. Value isn't solely in square footage.

4. What does the sale history indicate?
The home sold in 2020 for $56.3k and in 2021 for $67.9k, showing significant appreciation in a short time. This trend, alongside the high assessed value, suggests a strong value trajectory.

5. Are comparable properties nearby?
The listing references nearby homes on Bluemeadow and Clear Spring Road. While some have more living space, this property holds its own with a larger lot and a top-tier assessed value, making it a competitive option for buyers prioritizing land and valuation.