107 Edge Park Crescent

Property Overview: 107 Edge Park Crescent, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2020, presents a modern and low-maintenance living option in the sought-after Bridgwater Trails community. Its key appeal lies in a combination of newer construction and above-average lot size. With 2,005 sqft of living space, an attached garage, and a full (unrenovated) basement, it offers a practical layout for everyday living.

The property’s standout feature is its land. At over 12,000 sqft, the lot is notably larger than most, ranking in the top 2% on its street and top 5% in the wider neighbourhood. This provides rare potential for outdoor enjoyment, gardening, or future expansion in a typically dense newer suburb. While the interior remains as-built, this offers a blank canvas for personalization without the immediate need to undo previous owners’ renovations.

This home would suit a young family or professional couple seeking a move-in ready property in a modern community, with the valuable bonus of ample yard space. It’s also a sensible choice for those who prefer a newer home to minimize immediate repair concerns, but who still want the room to grow and add their own touch over time.

Section 2: Frequently Asked Questions

1. What is the significance of the lot size rankings?
The data indicates this property’s lot is larger than 98% of those on its street and 95% in Bridgwater Trails. In a newer community where lots are often compact, this is a distinct advantage for privacy, recreation, or landscaping.

2. The assessed value is higher than the 2020 sale price. What does this mean?
The current assessed value of $583,000 reflects the municipality’s estimate for taxation purposes, influenced by market trends and improvements. The 2020 sale price of $475,000 represents the purchase price at that time. The increase aligns with broader market appreciation over the past four years.

3. Is the basement finished?
No, the basement is included but is not renovated. It presents potential for future development as a rec room, home office, or additional bedrooms, subject to permits and investment.

4. How does this home compare to others in Winnipeg?
The rankings show this property performs well in city-wide comparisons, particularly for lot size (top 3%) and assessed value (top 8%). This suggests it holds strong fundamental metrics relative to the overall Winnipeg market.

5. What are the potential considerations with a 2020 build?
While still relatively new, a home from 2020 may be nearing the end of some builder warranty periods. A thorough inspection is recommended to identify any minor settling issues or early maintenance items, which is typical for homes of this age.