Property Overview: 151 Edge Park Crescent, Bridgwater Trails
Key Characteristics, Appeal & Ideal Buyer
This 2019-built, two-storey home in Bridgwater Trails offers modern living with established community roots. Its key characteristics include a generous 2,098 sqft of living space, an attached garage, and a full, unfinished basement on a large 4,667 sqft lot. The home’s primary appeal lies in its balance of relative newness and proven value. It’s newer than 96% of homes in Winnipeg, yet it’s past the initial settling phase of a brand-new build. The lot size is a significant asset, providing more outdoor space than half the homes on its own street—a notable advantage in newer communities where lots can be smaller.
The property’s value proposition is underscored by its current assessed value, which ranks in the top 8% citywide. This suggests a solid investment in a desirable, modern neighbourhood. It would suit a young family or professional couple looking for a move-in-ready home in a planned community, who appreciate space to grow and value the efficiency and contemporary standards of a late-2010s build. A thoughtful perspective is that this home offers a "second-owner advantage": the original buyer has navigated the initial warranty period and any early-stage adjustments, presenting a turnkey opportunity with the benefits of a near-new property.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Trails?
It ranks very well for living space (top 26% in the neighbourhood) and lot size (top 51%). It’s newer than 65% of area homes, placing it among the more recent constructions in this modern community.
2. What does the "unfinished basement" mean for me?
The basement is complete but not renovated, offering a blank canvas. This allows a new owner to customize the space to their needs—whether for storage, a future rec room, or additional bedrooms—without needing to undo previous work.
3. The home sold for $44.1k in 2019; why is the assessed value now $58.4k?
The 2019 sale price likely reflects the initial purchase from the builder. The 2024 assessed value of $58.4k indicates the city’s estimate of its current market value, reflecting appreciation and established value in a now-mature development.
4. Is the lot size typical for the area?
At 4,667 sqft, the lot is larger than 50% of those on Edge Park Crescent. In newer suburbs, lot sizes can vary, so this property offers above-average outdoor space for its immediate street.
5. What is the significance of the provided "reference" and "similar value" properties?
The reference properties (e.g., 144 Windflower Road) give context for size and value within Bridgwater Trails. The "similar assessed value" listings show what a $58.4k assessment can command in other Winnipeg neighbourhoods, highlighting this property’s positioning within the broader market.