99 Lake Bend Road

Property Overview

This 2013-built, single-storey home in Bridgwater Lakes offers a blend of modern comfort and established value. Its key appeal lies in a well-renovated basement and a generous 6,152 sqft lot, providing ample private outdoor space—a notable feature in a newer community. The home’s assessed value ranks exceptionally high city-wide (top 3% in Winnipeg), suggesting strong municipal valuation relative to its last sale price in 2020. This creates an interesting dynamic for buyers.

The property would suit a downsizer, a young family, or a professional seeking a modern, low-maintenance layout on a sizable lot without the upkeep of an older home. Its strong city-wide rankings for lot size, living area, and value will appeal to data-conscious buyers looking for a solid investment in a desirable, developed neighbourhood.

Key Details & Considerations

• Key Characteristics: 1,923 sqft living area, renovated basement, attached garage. Built in 2013.
• Lot Size: A standout feature at over 6,150 sqft, larger than most in the immediate area and ranking highly across Winnipeg.
• Value Perspective: The current assessed value ($70.10k) is significantly higher than the 2020 sale price ($61.50k) and ranks in the top tier city-wide. This may indicate substantial improvements, market growth, or a particular municipal assessment approach worth investigating.

Potential Buyer FAQs

1. What does the "renovated basement" include?
   The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify regarding the quality, permits, and whether it adds legal living space.

2. Why is the assessed value so much higher than the last sale price?
   While the 2020 sale provides a historical benchmark, the current assessed value is a municipal valuation for tax purposes. The gap could be due to market appreciation, significant renovations post-sale, or assessment methodology. It’s wise to research recent comparable sales for current market value.

3. Who is the ideal buyer for a one-storey home in this area?
   This layout is particularly suited to those seeking accessibility or single-level living, such as downsizers or young families wanting all main living areas on one floor, complemented by a finished basement for extra space.

4. How does the lot size compare practically?
   Ranking "better than 72% in Winnipeg," the lot is substantially larger than average for the city, offering great potential for gardening, recreation, or expansion. However, within its own street, it ranks around the middle, so the feel will be consistent with the Bridgwater Lakes character.

5. What is the neighbourhood context of Bridgwater Lakes?
   As part of the larger Bridgwater master-planned community, it offers pathways, parks, and newer amenities. The property’s age (13 years) means the landscaping and neighbourhood are well-established compared to brand-new subdivisions.