Property Overview
This two-storey home at 160 Landover Drive in Bridgwater Trails is a modern property built in 2019, offering a move-in ready foundation with room for personalization. Its key appeal lies in being a relatively new build in a popular community, which typically means fewer immediate major repairs and modern construction standards. The home sits on a generous lot that is larger than most on the street, providing valuable outdoor space. With an attached garage and an unfinished basement, it offers both convenience and potential for future expansion to suit a growing family's needs.
The property would suit first-time buyers or young families looking for a contemporary home in a developed neighbourhood without the premium of a brand-new build. It's also a practical choice for value-conscious buyers who see potential in the blank canvas of the basement and appreciate the above-average lot size for the area.
Frequently Asked Questions
1. How does the lot size compare to others in Bridgwater Trails?
The lot of 2,707 sq ft is notably larger than 65% of other properties on Landover Drive, offering more private outdoor space than is typical for the immediate street.
2. What does the "unfinished basement" condition mean for me?
The basement is complete but not renovated, meaning it's a clean, usable space with essential structural and mechanical elements in place. This allows you to finish it to your own specifications and budget, potentially adding significant living area and value.
3. The assessed value seems low. Is that a concern?
The assessed value is for municipal tax purposes and is not a market valuation. It’s useful for comparing tax loads within the city. Notably, this home’s assessed value is higher than 77% of Winnipeg properties, reflecting its relative newness and community.
4. How does the living space compare to nearby homes?
At 1,518 sq ft, the living area is moderately sized, larger than 56% of homes on its street but smaller than 76% of homes in the wider Bridgwater Trails neighbourhood. This suggests it's a comfortable, average-sized home for the immediate area.
5. The home sold for significantly less in 2019. What does that indicate?
The 2019 sale price reflects the initial purchase from the builder. The increase in assessed value since then aligns with typical market adjustments for a new home after its initial sale and the general appreciation in the area. It does not reflect any issues with the property.