Property Overview & Key Characteristics
This renovated one-storey home in Bridgwater Trails sits on a large, 13,157 sqft lot, offering a rare combination of spacious land and modern, single-level living. Built in 2015, its primary appeal lies in its generous scale—both the living area (2,249 sqft) and the lot size rank in the top tiers for Winnipeg. The home features an attached garage and a renovated basement, adding functional space. Its assessed value is notably strong, ranking in the top 3% of the neighbourhood and top 0% city-wide, suggesting a solid and desirable property foundation.
The property would suit buyers looking for a move-in ready, low-maintenance layout on a private, sizable lot—ideal for families wanting outdoor space, or those planning future additions like a garden or patio. It also appeals to value-conscious buyers who appreciate a home with above-average assessed value metrics, indicating a sound long-term investment in a newer community.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At over 13,000 sqft, the lot is significantly larger than most, ranking better than 97% of properties in the Bridgwater Trails neighbourhood. This is a standout feature for a newer community where lots are often smaller.
2. The home sold in 2016 for $1,180,000, but the current assessed value is much lower. Why?
The assessed value for taxation purposes ($129,500) is not an indicator of market value or a recent sale price. The 2016 sale price reflects the market at that time, while the current assessment is an administrative valuation used for calculating property taxes.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or listing agent to understand the quality and scope of the work.
4. The year built (2015) ranks lower in the neighbourhood. Is that a concern?
While the home is only 11 years old, this ranking indicates that Bridgwater Trails has many newer homes built after 2015. It doesn’t reflect on the condition of this specific property, which is still modern, but highlights the ongoing development in the area.
5. Are the property taxes likely to be high given the assessment?
While the assessed value ranks very high, property tax is calculated using a mill rate applied to that assessment. The taxes may be proportionally higher than for a lower-assessed home, but the exact amount should be verified, as it depends on the annual city mill rate.