Property Overview: 143 Arbourwood Court, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, situated on a large 7,681 sqft lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its balance of contemporary construction and generous outdoor space—a combination that can be hard to find in newer communities. The home features a standard, unfinished basement, offering a blank canvas for future expansion.
The property’s standout strength is its land. The lot size ranks in the top 14% of the neighbourhood, suggesting more privacy and yard potential than many nearby homes. While the living space (1,530 sqft) is fairly typical for the area, the overall package is geared towards buyers who prioritize a newer build to minimize immediate maintenance, coupled with a sizable lot for gardening, play, or future landscaping projects. It would suit a young family or professionals looking for a move-in ready home in a master-planned community, with the understanding that any basement development would be a custom project down the line. A thoughtful perspective is that the high lot ranking versus the more modest living area ranking indicates you’re investing significantly in the land itself—a long-term asset in a community where smaller lots are common.
Frequently Asked Questions
1. What is the significance of the "rank" statistics provided?
These rankings compare this specific property against all others on its street, in Bridgwater Trails, and across Winnipeg for metrics like lot size and year built. For example, being "better than 92% in same street" for land area means this lot is larger than almost all others on Arbourwood Court.
2. The assessed value is listed at $47.40k. Is that the market value?
No. Municipal assessed values in Manitoba are typically much lower than market value and are used for calculating property taxes. The market value would be significantly higher, as hinted by the 2019 sale price of $34.90k, which was likely close to the original purchase price when new.
3. What does the sold history from 2019 tell us?
It confirms the home was purchased new from the builder seven years ago. The current owners are the first residents, so the home has not changed hands on the open market since its initial sale.
4. Is the basement included in the living area square footage?
No. The listed living area of 1,530 sqft refers to the finished, above-ground space. The basement is a separate, unfinished area that does not contribute to this total.
5. How does this home compare to the property next door at 119 Arbourwood Court?
The nearby home at 119 Arbourwood Court is very similar in age, size (1,489 sqft), and style, but has a lower assessed value ($43.60k). This suggests 143 Arbourwood Court may have a larger lot, better finishes, or other features that result in a higher municipal assessment.