Property Summary: 119 Rowntree Avenue, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2019, presents a modern, low-maintenance living opportunity in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build (requiring fewer immediate repairs) on a larger-than-average lot for the street. With 1,620 sqft of living space, an attached garage, and an unrenovated basement, it offers a solid, move-in-ready canvas.
The property’s statistical rankings provide nuanced insight: while the home ranks highly for its lot size and newness on its specific street, it sits in a more competitive position within the broader, newer neighbourhood. This suggests a well-placed home on a desirable street within a sought-after area. It would particularly suit first-time buyers or young families looking for a modern home in a community-focused development, as well as value-conscious buyers who prefer to customize a basement to their own taste over time rather than paying a premium for a finished product.
Frequently Asked Questions
1. What does the "Top 21%" ranking for living area on the street mean?
It means this home has more living space than 79% of the other homes on Rowntree Avenue, indicating it is one of the larger floor plans on the block.
2. The assessed value has increased from $38.80k to $48.80k since 2019. Is this typical?
While market conditions vary, this increase aligns with the general appreciation seen in newer Winnipeg developments over a similar period. It's important to note that assessed value is for tax purposes; a current market valuation would be determined by recent sales.
3. The home ranks lower within the broader neighbourhood than on its street. Why?
Bridgwater Trails is a large, newer community with many modern homes. This property ranks very well on its specific street, but the neighbourhood overall includes many similarly new or even newer properties, making the overall comparison more competitive.
4. Is the unrenovated basement a drawback?
Not necessarily. For many buyers, this is an opportunity. It allows for customization to suit specific needs (like a recreation room, home office, or additional bedroom) without needing to undo someone else’s work, and it may be reflected in a more accessible price point.
5. What is the significance of the lot size being larger than most on the street?
A 3,094 sqft lot in a newer community often allows for more private outdoor space, better potential for landscaping, and greater distance from neighbouring homes compared to more compact lots, which is a valued feature for families and entertainers.