Property Overview
This two-storey home in Bridgwater Lakes offers a balanced, move-in-ready proposition. Built in 2014, it sits on a generous 5,253 sqft lot and features 1,868 sqft of living space with an attached garage and an unfinished basement. The appeal lies in its strong positional metrics within a modern neighbourhood. The data indicates it consistently ranks well above average for its age, size, and value, not just on its street but across Winnipeg. For instance, it's newer than 91% of Winnipeg homes and has a living area larger than 87% of them. Its recent sale price in April 2024 ($462.80k) ranks in the top 6% city-wide for comparable sales, suggesting a premium, in-demand location.
This home would suit buyers looking for a established, low-maintenance property in a sought-after suburban community without needing immediate renovations. It’s ideal for professionals or small families who value space and a modern build year, and who appreciate a home with strong resale fundamentals as evidenced by its competitive market performance. A thoughtful perspective is that the unfinished basement, while not a feature, presents a clear opportunity for customization and added value on a home that already scores highly on its core structure and location.
Frequently Asked Questions
1. How does this property really compare to others in Bridgwater Lakes?
The data shows a mixed picture within the immediate neighbourhood. While it ranks in the top 30% for lot size on its street, it falls to the top 70% within the broader Bridgwater Lakes area for the same metric. Its key strengths are city-wide: it consistently places in the top 10-15% of all Winnipeg homes for year built, living area, and recent sale price.
2. The basement is listed as "not renovated." What does that mean?
It indicates the basement is unfinished. It provides blank-canvas space for storage, a future rec room, or additional bedrooms, but would require a full build-out to match the main living areas.
3. Has the property's value been stable?
The sale history shows a sale at $610k in August 2022 and a more recent sale at $462.80k in April 2024. This does not necessarily indicate a drop in value for the area, as market conditions and specific property features can change. The April 2024 sale price itself is highly competitive, ranking better than 94% of similar Winnipeg sales.
4. What are the less obvious strengths of this location?
The lot size is a significant asset, ranking better than 72% of lots on the same street. For a 2014 home, having a lot over 5,000 sqft in a newer community is increasingly rare and offers valuable outdoor space. Additionally, its assessed value ($56.10k) ranks highly, which can be a positive indicator for municipal valuation consistency.
5. Who might this property not suit?
Buyers seeking a fully turnkey home with a developed lower level for immediate use may need to budget for renovations. It may also not suit those looking for a smaller lot or an older, more established streetscape, as it is part of a modern suburban development.