Property Overview: 83 Lake Bend Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 2014, sits on a generous 6,318 sqft lot in the popular Bridgwater Lakes neighbourhood. Its primary appeal lies in a combination of above-average space, modern age, and a strong position within the broader Winnipeg market. With 2,604 sqft of living area, the home offers substantial interior space, ranking within the top 8% of its neighbourhood. A key feature is the renovated basement, adding functional living space.
The home’s strength is most evident in its city-wide rankings. It places within the top 25% for size, the top 9% for its newer build year, and the top 2% for both living area and assessed value compared to all Winnipeg properties. This suggests a property that outperforms most in the city on key metrics. In its immediate area, it presents as a solid, established home on a quiet street, with lot and living space that are better than most direct neighbours.
This property would suit buyers looking for a move-in ready, spacious family home in a modern suburban community. It’s ideal for those who value a renovated basement for extra living or recreational space and appreciate a home that holds a strong relative value position city-wide. It may also appeal to data-informed buyers who recognize the advantage of a home that ranks highly for both its size and newer construction age across Winnipeg.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The current assessed value is noted at $78.10k, which is a provincial assessment for tax purposes and is not an indicator of market value. The home last sold in July 2019 for $750,000. Market value would be determined by current conditions and a professional appraisal.
2. What do the ranking percentages actually mean?
The rankings show how this property compares to others in its immediate street, neighbourhood, and all of Winnipeg. For example, "Better than 98% in Winnipeg" for living area means only 2% of Winnipeg homes are larger. This helps illustrate the property’s relative standing.
3. Is the lot size typical for Bridgwater Lakes?
At 6,318 sqft, the lot is larger than 59% of lots on Lake Bend Road and 68% within Bridgwater Lakes, indicating it is an above-average sized lot for this newer community.
4. What is the significance of the home being built in 2014?
A 2014 build year means the home is relatively modern, likely with contemporary building standards and materials. It ranks as newer than 91% of Winnipeg homes, suggesting major systems like roof, windows, and HVAC are still within a reasonable service life.
5. Are there any immediate comparable properties?
The listing notes nearby properties on the same street and homes with similar assessed values in other neighbourhoods. This indicates that while the assessed value is comparable to other areas, the combination of this home's specific lot size, living space, and location in Bridgwater Lakes creates its unique profile.