115 Rowntree Avenue

Property Overview

This 2018-built home on a generous lot in Bridgwater Trails presents a modern, low-maintenance living option with a clear record of value appreciation. Its appeal lies in its contemporary construction, eliminating concerns over major aging systems, paired with a renovated basement that adds immediate functional space. The property sits on a larger-than-average lot for the street, offering more outdoor room than many of its neighbours. The attached garage and the home's overall ranking in the top tier for recent sale price on its street suggest a strong market position.

It would suit first-time buyers looking for a move-in-ready, modern home without the premium of a brand-new build, or growing families seeking the community amenities of Bridgwater Trails with a manageable footprint. The significant jump in sale price from 2022 to 2024 indicates it may also attract buyers who view the area as a solid investment with proven growth, though this past performance is no guarantee of the future.

Key Questions for Consideration

1. How does the living space compare to the neighbourhood?
At 1,395 sqft, the living area is smaller than about 90% of homes in Bridgwater Trails, indicating a more compact layout. This is balanced by the renovated basement, which provides additional flexible space.

2. What do the value rankings actually tell us?
The home's assessed value is in the top 15% on its street, yet its most recent sale price ranked in the top 1%. This suggests the market has recently valued this specific property notably higher than the city's assessment, a point for discussion with your real estate agent.

3. Is the lot size a significant advantage?
Yes. With a land area of 3,084 sqft ranking better than 68% of lots on Rowntree Avenue, the property offers more yard space than most direct comparables, which is a valued feature in newer communities.

4. What might the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to verify during a viewing to understand the quality and purpose of the added space (e.g., legal suite, family room, bedroom).

5. How does it fit within the local market context?
While its living area is on the smaller side for Bridgwater Trails, its strong sale price rankings show it competes well. It represents a modern, turn-key option in a sought-after area, likely appealing to those prioritizing newer construction and lot size over maximum square footage above grade.