144 Del Monica Road

Property Overview: 144 Del Monica Road, Bridgwater Trails

Key Characteristics & Appeal

This 2017-built, two-storey home in Bridgwater Trails offers modern construction with nearly a decade of established living. Its key characteristic is a balance of newer-home amenities within a mature phase of the neighbourhood's development. The appeal lies in its efficient 1,639 sqft layout, a decently sized 3,873 sqft lot, and a detached garage. While the basement is unfinished, it presents a clean canvas for future expansion.

The home suits first-time buyers or young families seeking a move-in ready property in a popular suburban community without the premium of a brand-new build. Its rankings suggest it is a solid, middle-of-the-road property within its immediate street and area, but it stands out city-wide for its newer age (newer than 94% of Winnipeg) and above-average living space (larger than 79% of Winnipeg). A thoughtful perspective is that this represents an opportunity to enter a desirable neighbourhood in a home that has worked through its initial settling phase, potentially offering more value stability than the latest construction. The significant jump in its sold price from 2016 to 2020 indicates strong past appreciation during the neighbourhood's growth period.

Frequently Asked Questions

1. Is the basement developed?
No, the basement is unfinished. This provides flexibility for future customization to suit a buyer's needs, whether for additional living space, a home gym, or storage.

2. How does this property compare to others on the street?
The home ranks around the middle for living area and is newer than most on its street. However, its lot size and last sold price are on the lower end compared to direct neighbours, which could reflect its specific positioning or past sale conditions.

3. What is the significance of the assessed value versus the last sold price?
The current assessed value is $46,700, while it last sold in November 2020 for $420,000. The assessed value is for municipal tax purposes and is typically much lower than market value. The 2020 sale price is the relevant benchmark for recent market activity.

4. Is the neighbourhood still growing?
Bridgwater Trails is an established community. The home was built in 2017, which is relatively recent for the area, but the phase of rapid new construction has passed. The appeal now is the established greenery, amenities, and community feel.

5. What are the utility costs like for a home of this age?
Built in 2017, the home benefits from modern building codes and energy efficiency standards (like windows, insulation, and HVAC systems) that are typically more efficient than those in older homes, which can help manage utility expenses.