Property Overview
This 2019 two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle on a generous lot. Its key appeal lies in being a relatively new build (just 7 years old) that ranks in the top tier for newness and value compared to most of Winnipeg. The home features a renovated basement and an attached garage, situated on a quiet street where it offers more land area than over half of its neighbors.
The property is particularly well-suited for young professionals, growing families, or downsizers seeking a contemporary home in a sought-after community without the wait of new construction. It balances space (over 2,250 sqft of living area) with a manageable yard. A thoughtful perspective is its strong ranking in assessed value within Winnipeg (top 4%), which suggests a solid municipal valuation foundation relative to the market. However, the 2019 sale price was below the current assessed value and ranks lower on its street, indicating potential for buyer negotiation or a unique value proposition compared to immediate neighbors.
Frequently Asked Questions
1. How does the lot size compare to the area?
At 6,586 sqft, the lot is larger than 58% of properties on Springwater Road, offering above-average outdoor space for the immediate street.
2. Is the home in a newer area of Bridgwater Lakes?
Yes. Built in 2019, it is newer than 95% of homes in the wider Bridgwater Lakes neighbourhood, meaning major components like roofing, siding, and HVAC are likely under warranty or in early life.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or layout. This would require clarification from the seller or a viewing to understand the quality and scope of the renovation.
4. How does the assessed value compare to the last sale price?
The 2024 assessed value is $67,200, which is approximately 11% higher than its December 2019 sale price of $60,400. This increase reflects market changes and improvements, but the final sale price is always determined by the current market.
5. Are comparable homes nearby?
The listing shows a directly comparable neighbor at 38 Springwater Road (built 2018, larger living area, higher assessed value). Several other nearby properties on the same street are listed for reference, providing a clear picture of the immediate micro-market.