Property Overview
This two-storey home in Bridgwater Trails offers a modern, low-maintenance lifestyle in a sought-after neighbourhood. Built in 2016, it combines a newer build with the benefit of established landscaping and community amenities. The key appeal lies in its above-average size, both in living space (2,198 sqft) and lot (4,445 sqft), which ranks it in the top tier for its street and area. The home features an attached garage and a renovated basement, adding valuable finished space. Its most recent sale in 2023 was significantly higher than its current assessed value, indicating strong market recognition.
This property is well-suited for growing families or professionals seeking a move-in ready home in a modern suburb. It particularly appeals to buyers who value space and a contemporary layout but want to avoid the potential issues or uncertainties of a brand-new construction. The strong rankings for living area and lot size suggest it offers more room than many comparable homes in the development, providing a sense of privacy and space for outdoor living that isn't always available in newer communities.
Frequently Asked Questions
1. How does the 2023 sale price compare to the current asking price?
The home sold for $700,000 in August 2023. This recent transaction provides a clear, up-to-date benchmark for its market value, which is a solid data point for buyers and sellers alike.
2. What do the "rank" percentages actually mean?
These metrics compare this specific property against others on its street, in Bridgwater Trails, and across Winnipeg. For example, "Better than 90% in same street" for Living Area means this home is larger than 90% of the houses on Del Monica Road. It’s a quick way to see how the home stands out in key categories.
3. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind the current real estate market and is calculated using a different methodology. The 2023 sale price is generally considered a more accurate reflection of the home's present market value.
4. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovation with their real estate professional to understand its approved use.
5. What is the significance of the home being built in 2016?
A 10-year-old home is past the initial "shakedown" period where common new-build issues might surface, yet it remains modern in its layout, efficiency, and finishes. Major components like the roof, windows, and HVAC are likely still in good condition but should be inspected for their remaining service life.