Property Overview
83 Brookfield Crescent is a two-storey family home built in 2014, situated on a generous 4,250 sqft lot in Winnipeg's Bridgwater Lakes neighbourhood. Its key appeal lies in being a relatively modern, low-maintenance home in a newer community. The property features a detached garage and an unfinished basement, offering a blank canvas for future expansion.
The home would suit first-time buyers or young families looking for a move-in-ready house in a contemporary suburb, without the immediate worry or cost of major renovations. Its recent sale history shows steady value appreciation, suggesting a solid foothold in the market. A thoughtful perspective for buyers is that while the home ranks highly for its age city-wide, its interior living space is more modest compared to newer builds in the immediate area, presenting a trade-off between a newer structure and potential future space needs.
Frequently Asked Questions
1. How does this home compare to others on the street?
The property sits on a larger-than-average lot for the street but has a living area that is slightly below the street's median size. Its assessed value is currently in the lower quarter for Brookfield Crescent.
2. What does the sale history indicate?
The home sold very recently in July 2024 for $51,800k, which is closely aligned with its current assessed value. Prior to that, it sold in 2019 for $41,200k, indicating consistent market value growth over a five-year period.
3. Is the basement developed?
No, the basement is confirmed as unfinished. This provides both a cost-saving on the initial purchase and the opportunity for a future owner to customize the space to their needs and budget.
4. How does it rank within the broader Bridgwater Lakes neighbourhood?
In the wider Bridgwater Lakes area, this home ranks in the top tier for lot size and building age. However, for living area and assessed value, it falls within the lower third of homes in the neighbourhood.
5. What are the key considerations for resale value?
The home's modern age and the overall desirability of the Bridgwater Lakes area are strong positives. The unfinished basement is a key variable—leaving it as-is may appeal to buyers wanting a lower price point, while developing it could significantly increase the home's market value and appeal to those needing more finished space.