Property Overview: 102 Arbourwood Court, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a low-maintenance lifestyle in the sought-after Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of newer construction and established community feel. The home sits on a large, 8,078 sqft lot—a standout feature that ranks in the top 2% on its street—providing ample private outdoor space in a newer area where lots are often smaller. With an attached garage and an unfinished basement, it presents a move-in-ready canvas with clear potential for future customization.
The property’s strong recent sale price, which ranks in the top 2% on its street, suggests it is perceived as a premium offering in its immediate area. It would suit first-time buyers or young families looking for a modern home in a growing community without the wait and uncertainties of new construction. It also appeals to value-conscious buyers who prioritize land size and see the unfinished basement as a positive project to increase living space on their own terms.
A less obvious perspective is its relative positioning within the wider market. While its living space is modest compared to some neighbours, its lot size and newer build date offer a compelling combination. It represents an opportunity to secure a generous yard in a newer suburb—a feature that becomes increasingly rare and valuable as the area matures.
Frequently Asked Questions
1. What is the condition of the basement?
The basement is included but is noted as "not renovated," meaning it is unfinished. This provides a blank slate for future development to suit the new owner's needs.
2. How does this property compare to others on the street?
The data indicates this home excels in specific metrics. It has one of the largest lots on the street (top 2%) and achieved one of the highest recent sale prices (top 2%). Its living space is more average for the area, ranking near the middle of the street.
3. Is this a good value for the Bridgwater Trails neighbourhood?
The home’s assessed value is on the lower side for the broader neighbourhood, but its recent sale price was significantly higher and more competitive. This suggests the market values its specific attributes—like its newer age and large lot—above the baseline assessment.
4. What are the typical property taxes?
While not listed here, property taxes would be based on the City of Winnipeg’s mill rate applied to the assessed value of $46,400. You can calculate an estimate using the current mill rate.
5. Has the property value appreciated since it was built?
Yes. It sold for $33,700 in 2019 and then for $50,500 in 2024. This represents significant appreciation over a five-year period, reflecting both market conditions and the desirability of this specific property.