Property Overview & Key Characteristics
63 Brookfield Crescent is a well-maintained, one-storey home built in 2013, situated on a generous 4,485 sqft lot in Winnipeg's Bridgwater Lakes neighbourhood. Its key appeal lies in its balance of a modern build year, a renovated basement, and a detached garage, all within a relatively young and established community. The home’s standout feature is its above-average lot size for the street, offering more outdoor space than many nearby properties.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard space. It’s also a practical fit for those who value a modern home foundation (2013) and have completed major updates like the basement renovation, preferring to personalize the interior over time. The strong city-wide rankings for its assessed value and build year suggest a solid, long-term investment in a desirable area, though the living area is compact, prioritizing lot size over interior square footage.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 4,485 sqft lot is a key advantage, ranking larger than 60% of lots on the same street. This means you’re getting more outdoor space than is typical for Brookfield Crescent.
2. The living area seems smaller. How does it affect the home's layout?
At 1,115 sqft, the living area is compact. This indicates an efficient, likely open-concept main floor common in newer builds, but may require creative storage solutions. The renovated basement effectively adds functional space to offset this.
3. What do the assessment and last sale price tell us?
The current assessed value ($45.70k) is significantly lower than the 2021 sale price ($400k). This is normal, as municipal assessments are for tax purposes and don't reflect market value. The 2021 sale price is a more relevant benchmark for the home's market worth.
4. Is the neighbourhood well-established?
Yes. Bridgwater Lakes is a developed community with homes dating back to around 2013, as seen with this property. You can expect mature landscaping and settled infrastructure, unlike in brand-new subdivisions.
5. Who might this property not suit?
It may not be ideal for buyers needing extensive main-floor bedrooms or multiple large living areas, given the smaller square footage. It also may not fit those seeking a turn-key, fully updated home, as the interior beyond the basement may require modernizing to personal taste.