Property Overview: 123 Del Monica Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2017, offers modern living in the popular Bridgwater Trails neighbourhood. Its key features include an attached garage, a full (unrenovated) basement, and a generous 5,344 sqft lot. With 1,778 sqft of living space, the home balances comfortable size with manageable upkeep.
The primary appeal lies in its strong positional metrics within a newer community. The property ranks in the top third for lot size on its street and is newer than 94% of homes across Winnipeg, suggesting modern construction standards and less immediate maintenance. Its last sale price in late 2022 was notably higher than its current assessed value, which may attract buyers looking for perceived value. The home suits first-time buyers or young families seeking a move-in ready, modern property in a developed suburban area, as well as value-oriented buyers who see potential in the unfinished basement for future customization.
A less obvious perspective is its "middle-ground" positioning in the immediate area: it’s not the newest or largest on the block, but it consistently ranks above average in several key categories. This can represent a smart compromise, offering many community benefits without the premium price of the absolute top-tier homes nearby.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking or market price?
The current assessed value is $51,200, but the home last sold for $58,200 in December 2022. Market conditions and home improvements since then will influence the listing price, so the assessed value should be viewed as a baseline for taxes, not a direct market valuation.
2. What does the "unrenovated basement" mean?
It indicates the basement is finished to a basic, functional level as originally built in 2017. It’s liveable space but hasn’t been upgraded with higher-end finishes or custom renovations, offering a blank canvas for future projects.
3. Is the property in a well-established part of Bridgwater Trails?
Yes. The 2017 build date and the close proximity of many neighbouring homes (as shown in the nearby properties list) suggest this section of the street is settled and developed, not a new construction phase.
4. How does the lot size compare to typical Winnipeg lots?
At 5,344 sqft, the lot is larger than 84% of properties in Winnipeg, which is a significant advantage. In the Bridgwater Trails neighbourhood specifically, it ranks above average (better than 67%), offering more outdoor space than many newer suburban homes.
5. What is indicated by the home ranking "better than 94% of Winnipeg" for year built?
This highlights a key advantage: the home is significantly newer than the vast majority of the city's housing stock. For buyers, this typically translates to modern building codes, energy efficiency, and less concern over major aging components like roofs or furnaces in the short term.