Property Overview
79 Appleford Gate is a well-maintained, two-storey family home built in 2014, situated in the popular Bridgwater Lakes neighbourhood. Its appeal lies in a balance of modern construction, a generous lot size, and a strong position within the broader Winnipeg market. The home features an attached garage and a full, unfinished basement offering potential for future customization.
Key Characteristics & Ideal Buyer
This property stands out for its above-average land area (4,255 sqft), placing it in the top third of lots on its street. While the living space is comfortably sized, the true value proposition is its lot and its relative newness compared to much of Winnipeg's housing stock—it's newer than 91% of homes in the city. The assessed value has risen significantly since its 2020 sale, indicating solid market appreciation.
Its appeal is practical and long-term. It suits first-time buyers or growing families looking for a move-in ready home in a modern community, with the yard space for children or gardening. The unfinished basement is a key asset for a buyer who views a home as a project, allowing for future expansion tailored to their needs. A less obvious perspective is its suitability for a buyer who values "neighbourhood equity"; while it ranks in the top tier for lot size on its street, the home itself has room for cosmetic updates, allowing the next owner to add their own value without over-investing for the area.
Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The 4,255 sqft lot is larger than 65% of lots on Appleford Gate, making it a top-tier property on its street for outdoor space.
2. What does the "unfinished basement" entail?
The basement is fully excavated and ready for development but is currently unfinished. This means the walls, floors, and ceilings are in a basic state, offering a blank canvas for future renovation to add significant living space.
3. The home sold for $40k in 2020 but is now assessed at $53.20k. What does this mean?
This indicates a substantial increase in its municipal assessed value over four years, reflecting both market appreciation and the premium for newer homes in Winnipeg. It is a strong indicator of the property's growing equity.
4. Who is the typical buyer in Bridgwater Lakes?
The neighbourhood predominantly attracts young professionals, first-time homebuyers, and families drawn to modern homes, planned community amenities, and newer infrastructure.
5. Are there any obvious drawbacks?
The home's interior living area is smaller than many in the neighbourhood, ranking in the top 74% (meaning 74% of area homes are larger). Buyers seeking extensive finished square footage immediately should note the basement is currently unused space.