Property Summary: 143 Landover Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, situated on a notably large lot (over 6,000 sq ft) within Winnipeg's Bridgwater Trails community. Its key appeal lies in a combination of new-build convenience and above-average outdoor space for the area. The home ranks highly for its lot size, newness, and recent sold price compared to most of Winnipeg, suggesting a well-regarded and established value.
It would suit first-time buyers or young families seeking a move-in-ready home without immediate renovation needs, and who prioritize a sizable yard for play, gardening, or future expansion. The detached garage offers flexibility. A thoughtful perspective is that while the living area is modest relative to the lot, it presents a clear opportunity: the property's value is anchored in its land and modern structure, offering a blank canvas for future interior upgrades or an addition to fully utilize the generous lot.
Frequently Asked Questions
1. How does this home compare to others on the street?
It stands out for its very large lot (better than 96% of the street) and its newer construction (better than 91%). The living space is fairly typical for the area.
2. Has the property value increased since it was built?
Yes. It sold for $38.2k in 2020 (during construction) and then for $50.6k in late 2021. The current assessed value is $48.7k, indicating stable value retention post-initial increase.
3. What should I know about the basement?
The listing notes a basement exists but is "not renovated." This means it is unfinished space, offering potential for future customization but requiring investment to become livable.
4. Is Bridgwater Trails a sought-after area?
The data suggests it is. This home ranks better than 70-80% of all Winnipeg in key metrics like year built and sold price, indicating the neighbourhood overall commands strong market appeal compared to the wider city.
5. What are the trade-offs of this property?
The primary balance is between lot size and finished living space. You gain a premium-sized yard but the home itself, at 1,595 sq ft, offers standard living area. The value is in the land and the new home envelope, with future potential to expand the living space.