84 Red Spruce Road

Property Overview

This two-storey home at 84 Red Spruce Road in Bridgwater Lakes is a modern, low-maintenance property built in 2015. Its key appeal lies in its move-in-ready condition, featuring a renovated basement and an attached garage on a generous 6,195 sqft lot. The home offers over 2,000 sqft of living space, positioning it well above average for Winnipeg. The data suggests a property that has been cared for and is situated in a desirable, newer community. It would particularly suit young families or professionals seeking a contemporary home in a developed neighbourhood without the wait or uncertainties of new construction. It’s also a strong candidate for value-conscious buyers who appreciate a home that ranks highly in assessed value city-wide, indicating a solid municipal valuation foundation.

Key Details & FAQs

Key Characteristics & Ideal Buyer

• Modern & Updated: An 11-year-old home with a renovated basement, offering modern living without immediate renovation projects.
• Spacious Lot & Interior: The lot size is in the top third for the street, and the living area is in the top 10% for Winnipeg, providing ample indoor and outdoor space.
• Strong Value Position: The assessed value ranks in the top 5% city-wide, a notable indicator of its formal valuation relative to the market.
• Neighbourhood Appeal: Part of the planned Bridgwater Lakes community, ideal for those seeking newer suburban amenities and infrastructure.
• Ideal For: This home is an excellent fit for growing families needing space, professionals desiring a modern, low-maintenance property, and astute buyers who recognize the long-term benefit of a high assessed value ranking.

Frequently Asked Questions

1. How does the assessed value compare to the last sale price?
The home was last sold in April 2021 for $600,000. The current assessed value is $648,000. This increase reflects municipal assessment trends and does not directly set the market price, but it indicates a strong valuation basis.

2. Is the lot size typical for the area?
Yes. At 6,195 sqft, the lot is larger than 72% of properties on Red Spruce Road, meaning it offers more outdoor space than most of its immediate neighbours.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify during a viewing to understand the quality and scope of the renovation.

4. How does this home rank for space within Winnipeg?
Very well. With 2,017 sqft of living area, this home is larger than 91% of properties in Winnipeg, making it a spacious option within the city.

5. The home is nearly a decade old. What should I consider?
Built in 2015, major components like the roof, HVAC, and appliances may be approaching or have reached a typical service life. A thorough home inspection is recommended to assess their condition and plan for any potential future updates.