Property Overview: 11 Glen Ivy Court, Bridgwater Trails
Key Characteristics & Appeal
This 2015-built, two-storey home in Bridgwater Trails sits on a generous 4,595 sqft lot, offering more space than most in its immediate area. With 1,638 sqft of living space, a detached garage, and an unrenovated basement, it presents a solid, modern foundation. Its primary appeal lies in its balance: it’s a relatively newer home in a well-regarded community, yet its assessed value positions it as a more accessible entry point into the neighbourhood compared to many nearby properties. The data suggests it’s a home that hasn’t kept pace with the upper tier of area valuations, which could represent an opportunity for a buyer comfortable with a property that may benefit from personal updates over time.
This home would suit pragmatic first-time buyers or young families looking for a move-in ready structure in a established newer community, but who are also planning for future projects. It’s also a sensible fit for value-oriented buyers who prioritize lot size and a newer building envelope over top-tier finishes, viewing the basement as a blank canvas rather than a drawback.
Frequently Asked Questions
1. How does this home’s value compare to others in Bridgwater Trails?
The home’s assessed value of $470k is below the neighbourhood average, ranking in the top 79% (meaning 79% of homes are assessed higher). This indicates it is a more affordable option within this sought-after area.
2. Is the lot size typical for the street?
At 4,595 sqft, the lot is larger than 61% of properties on Glen Ivy Court, offering above-average outdoor space for the immediate area.
3. The home was last sold in 2020. What does the sale price indicate?
It sold for $444.50k in July 2020. Market-wide appreciation since then is reflected in the current assessed value, but the historical data shows its price point has consistently been on the more moderate side for this community.
4. What should I know about the “unrenovated basement”?
The listing specifies the basement exists but is not renovated. Buyers should budget for finishing this space to their taste and factor in potential moisture-proofing and insulation checks, common for basements of this age.
5. How does the home’s age and size compare to the broader Winnipeg market?
Built in 2015, the home is newer than 92% of properties in Winnipeg. Its living area is also larger than 79% of Winnipeg homes, offering modern construction and above-average space on a city-wide scale.