Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails, built in 2019, presents a modern and low-maintenance living option. Its key appeal lies in its balance of being a relatively newer build with an already renovated basement, offering immediate move-in readiness. The attached garage and a generous land area of over 2,600 sq ft provide practical suburban comforts. While the living space is compact compared to some neighbours, this translates to efficient heating and less upkeep. The home’s recent sale history shows significant value growth since 2019, and its current assessed value sits comfortably above average for the city.
This property would suit first-time buyers or young professionals seeking a modern home in a developed community without the wait or uncertainty of new construction. It’s also a practical fit for small families or downsizers who value the finished basement for extra space but prefer a manageable main floor footprint. A less obvious angle is its appeal to value-oriented buyers who see potential in a home that’s newer than most on its street, suggesting a longer timeline before major maintenance is typically needed.
Frequently Asked Questions
1. How does the living area compare to the neighbourhood?
At 1,408 sq ft, the living area is more compact than many homes in Bridgwater Trails, placing it in the top 90% (meaning 90% of area homes are larger). This indicates a efficient use of space, which can mean lower utility costs.
2. What does the sold price history indicate?
The home sold for $490,000 in August 2023, a substantial increase from its 2019 sale price. This suggests strong appreciation. Its current assessed value of $48,800 is notably lower, but assessments for tax purposes often lag behind market value.
3. Is the lot size a pro or con?
The land area of 2,685 sq ft is a definite pro, ranking better than 58% of lots on the same street. It offers good outdoor space for a newer community, which is often at a premium in modern subdivisions.
4. How "new" is this home relative to the area?
Built in 2019, it is newer than 86% of homes on its street, meaning you benefit from modern building standards and materials while the neighbourhood itself is already established with mature landscaping.
5. What is the context of the "comparable" listings shown?
Listings like 31 Silver Creek Road and 426 Windflower Road are provided for area reference. Note that they may differ in key aspects—Windflower Road, for example, has significantly more living space and a higher assessment, highlighting the value proposition of a more compact, efficient layout at 186 Landover Drive.