Property Overview: 106 Arbourwood Court
Section 1: Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern property, built in 2020, offering a move-in-ready canvas in a desirable newer community. Its key appeal lies in its balance of contemporary construction and a generous, well-sized lot. With 1,672 sqft of living space and a 5,800 sqft land area, it ranks above average for both size and lot dimensions within its immediate street and the broader Winnipeg area. The home features an attached garage and an unfinished basement, providing functional space with the potential for future customization.
The property is particularly suited to buyers seeking a modern home in a established newer neighbourhood without the wait or uncertainties of new construction. It’s an ideal fit for young families or professionals who value a community with fresh infrastructure and appreciate a larger outdoor space for gardening or recreation. A thoughtful perspective is its strong ranking for "newness" (top 3% in Winnipeg), which suggests significant remaining lifespan on major components like the roof, HVAC, and windows, offering a period of lower maintenance costs. The appeal is grounded in practicality: it’s a home that compares favourably to its local peers in core metrics, positioned for someone ready to grow into the space.
Section 2: Frequently Asked Questions
1. What is the significance of the assessed value versus the last sale price?
The assessed value of $468,000 is for municipal tax purposes. The home last sold in January 2021 for $385,000. The current market value will be determined by recent comparable sales and present market conditions, not directly by either of these historical figures.
2. Is the basement developed?
No, the basement is noted as "not renovated," meaning it is unfinished. This offers the next owner a blank slate to develop according to their needs, but also an additional project and cost to consider.
3. How does this property truly compare to others in Bridgwater Trails?
The provided rankings offer a data-driven snapshot. This home ranks in the top 25% of the neighbourhood for lot size and top 21% for year built (newer), but in the top 54% for living area. This indicates it is a newer home on a larger-than-average lot, with interior space that is about median for the area.
4. What are the potential implications of the sold price ranking from 2021?
The data shows the 2021 sale price ranked in the top 100% of the neighbourhood (i.e., it was among the most expensive sales at that time). This doesn't reflect today's value but indicates the property was a premium purchase in its market cycle, which can be a marker of its initial desirability and quality.
5. Who might this property not suit?
It may not be the best fit for buyers seeking a fully finished, turn-key home where no projects are desired, due to the unfinished basement. It might also be less appealing to those prioritizing an older, established neighbourhood with mature trees over the newer landscaping typical of communities like Bridgwater Trails.