Property Overview & Key Characteristics
This two-storey home in Bridgwater Lakes, built in 2013, offers a modern foundation with a renovated basement. Its key appeal lies in a combination of newer construction within a well-regarded community and a lot size that is above average for the immediate street. The detached garage and updated lower level add practical value. The data suggests the home is a solid, middle-ground option in its area—not the largest or most premium, but positioned well against city-wide averages for lot size, age, and assessed value.
The property would suit first-time buyers or young families looking for a move-in-ready home in a newer suburban neighbourhood without the premium price of a brand-new build. It also appeals to value-conscious buyers who prioritize a renovated basement and a larger-than-standard lot on their street, offering more outdoor space potential than many nearby homes.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 4,251 sqft, the lot is larger than 88% of properties on the same street, which is a notable advantage in this neighbourhood. However, within the broader Bridgwater Lakes area, it ranks higher than only 4% of lots, indicating that the street itself has more compact lots overall.
2. The home was last sold in 2017. What does the price history indicate?
It sold for $41,000 in 2017, and the current assessed value is $52,600. This increase aligns with broader market trends over that period. The prior sale price was significantly lower than most in the area at that time, which may have been due to unique circumstances of that sale.
3. Is the living space typical for the neighbourhood?
With 1,640 sqft of living area, it is moderately sized, ranking near the middle for the street but smaller than about 78% of homes in the wider Bridgwater Lakes neighbourhood. This suggests it's a comfortable family home, though not among the largest models in the community.
4. What are the less obvious considerations about location and value?
The home ranks very well for its age compared to the entire city (newer than 90% of Winnipeg homes), a key point for maintenance and systems. However, its assessed value is higher than 86% of Winnipeg properties, indicating it sits in a higher-value tier city-wide, which can influence property taxes.
5. What might the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This should be verified in-person to understand the quality, permitted status, and how the space is configured (e.g., additional bedroom, living area, or suite potential).