Property Overview: 122 Edge Park Crescent, Bridgwater Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2021, offering a move-in-ready experience in the popular Bridgwater Trails community. Its key appeal lies in its balance of contemporary living, space, and established community amenities. With 2,255 sqft of living space and a 4,667 sqft lot, it provides ample room for a growing or established family. The home includes an unfinished basement, presenting a clear opportunity for future customization and added value.
The property’s strength is underscored by its competitive rankings within its immediate area. It stands out as newer and larger than most homes on its street and within the wider Bridgwater community. This positions it as a above-average offering in a sought-after, master-planned neighbourhood known for its pathways, parks, and proximity to schools and retail.
This home would best suit buyers looking for a modern property without the wait of new construction, but who still want the chance to personalize part of the home (the basement) to their taste. It’s ideal for professionals or families who value community amenities and a home that ranks well for both size and age in its local market. A thoughtful perspective for buyers is to consider the unfinished basement not just as a project, but as a financial airbag—it allows you to build equity through a future renovation at your own pace, rather than paying a premium for a builder’s finished product upfront.
Section 2: Frequently Asked Questions
1. What is the significance of the property’s rankings?
The rankings show how this home compares to others in the area on specific metrics. For example, being newer than 90% of homes in Bridgwater and larger than 87% on its street highlights its modern condition and above-average size for the location.
2. Are there any major upcoming costs or projects?
The most immediate project would be finishing the basement, which is a significant opportunity but requires planning and investment. As a 2021 build, major structural components like the roof, furnace, and appliances should still be in good condition, but a standard inspection is always recommended.
3. What is the community of Bridgwater Trails like?
It’s a master-planned, family-oriented community with extensive pathways, parks, and planned amenities. It’s designed for a suburban lifestyle with convenient access to schools and shopping, appealing to those who enjoy an active, community-focused environment.
4. The 2021 purchase price was $496,000, but the current assessed value is $598,000. What does this mean?
The assessed value is the city’s estimate for property tax purposes and is one indicator of market movement. The difference suggests significant appreciation since 2021, but the final market value will be determined by current buyer demand and the actual listing price.
5. What are the less obvious factors to consider with a 2021 home?
While still new, the home is now past the typical builder warranty period. It’s wise to check on the condition of any original appliances and systems. Also, the landscaping and trees on the lot have had a few years to establish, which is a benefit over a brand-new build, but may require ongoing maintenance.