123 Rowntree Avenue

Property Overview: 123 Rowntree Avenue, Bridgwater Trails, Winnipeg

Key Characteristics & Appeal

This 2019-built, two-storey home in the popular Bridgwater Trails neighbourhood offers modern living with a low-maintenance start. Its key appeal lies in being a relatively newer construction (just 7 years old), which typically means fewer immediate major repairs and modern building standards. The home sits on a good-sized lot (over 3,100 sq ft) and features an attached garage and an unfinished basement, providing a blank canvas for future expansion or storage.

The property’s strength is its balanced positioning within a desirable, master-planned community. While its living space (1,621 sq ft) is comfortably above average for its immediate street, its assessed value ranks highly against the wider Winnipeg market, suggesting it is perceived as good value within the city. This creates a compelling proposition: a modern home in a sought-after area that isn’t priced at the absolute peak. It would suit first-time buyers or young families looking for a turnkey, newer build in a community with amenities, or practical buyers who value the potential of an unfinished basement to customize later without paying a premium for someone else’s renovation choices.

Frequently Asked Questions

1. What does the "unfinished basement" condition mean?
The basement is structurally complete but has not been developed into living space. It offers full-height rough-in for future bedrooms, a bathroom, or a recreation room, providing significant customization potential and value-add opportunity.

2. How does the assessed value relate to the likely selling price?
The assessed value ($488,000) is for municipal tax purposes. In a stable market, selling prices often cluster near this figure, but the final price is determined by current market conditions, buyer demand, and the home’s specific presentation.

3. The home ranks highly for "Year Built" in Winnipeg but lower within its own neighbourhood. What does this indicate?
This highlights that Bridgwater Trails is a newer community overall. While the home is newer than 96% of all Winnipeg homes, many of its direct neighbours are of a similar vintage. This context is important for understanding its modern appeal city-wide versus its competitive positioning locally.

4. What are the advantages of the Bridgwater Trails community?
As a master-planned community, it typically offers extensive pathways, parks, planned amenities, and newer infrastructure. The lot sizes and home styles are generally consistent, contributing to a cohesive neighbourhood feel.

5. The sold price from 2019 seems much lower. Is this relevant?
The 2019 sold price reflects the purchase of a brand-new home directly from the builder. The significant increase in assessed value since then reflects the general appreciation of the Winnipeg housing market and the establishment of the neighbourhood, not a direct comparison to a resale condition.