139 Edge Park Crescent

Property Overview: 139 Edge Park Crescent, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in being a relatively new build, which means less immediate concern for major repairs or outdated systems. With 1,964 sqft of living space and an attached garage on a 4,445 sqft lot, it provides a balanced footprint for a growing family or professional couple.

The home’s standout characteristic is its "newness" relative to the broader market. It ranks newer than 98% of homes in Winnipeg, placing it in the top tier for modern construction. While its living area is comfortable and ranks well within the city, the property’s lot size and street ranking are more modest within its immediate area. This creates an interesting dynamic: you are acquiring a contemporary home with modern efficiencies, but in a setting where some neighbouring properties may have larger lots or more square footage. It would suit buyers looking for a move-in ready, low-maintenance home who prioritize modern amenities and neighbourhood amenities over a premium lot size. It’s a practical choice for those wanting to avoid the surprises of an older home while settling into an established, family-friendly community.

Frequently Asked Questions

1. How does the lot size compare to others on the street?
The 4,445 sqft lot ranks better than only 32% of properties on Edge Park Crescent, meaning lots on this street tend to be larger. This suggests the home's value is more weighted toward the building itself and its newness than on expansive outdoor space.

2. What does the significant increase in assessed value since 2021 indicate?
The assessed value rose from $542k in 2021 to $576k. This generally reflects market appreciation and the city's assessment of the property's value, but it's not a direct predictor of sale price. It does indicate the property has grown in value since its initial purchase.

3. Is the basement finished?
No, the basement is present but not renovated. This provides the next owner with a blank canvas to add living space, storage, or a rec room according to their needs and budget.

4. How does this home compare to the nearby reference property at 144 Windflower Road?
That home, also built in 2021, has a slightly smaller living area (1,812 sqft) and a lower assessed value ($552k). This highlights that 139 Edge Park Crescent, with its larger square footage, holds a proportionally higher assessed value within the same new-build niche of the neighbourhood.

5. What is the significance of the "Sold" price data from 2021?
The $542k price from July 2021 is the home's last purchase price. It serves as a historical benchmark, showing the price point at which the current owner entered the market, which is useful for understanding equity growth over the holding period.