Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails, built in 2019, presents a modern, low-maintenance living option in a sought-after neighbourhood. Its primary appeal lies in its generous proportions and strong standing within the local market. The home features a spacious 2,717 sqft of living area, which is notably larger than most homes in Winnipeg, and sits on a substantial 5,559 sqft lot. It includes an attached garage and an unfinished basement, offering a blank canvas for future expansion.
The home’s value is underscored by consistent appreciation; it last sold in 2023 for $72.10k above its 2019 purchase price. Market data shows it ranks highly for size and value not just in its immediate area, but across the wider city. This property would suit a growing family or professional seeking a modern home in a newer community without the wait of new construction. It’s also a sensible choice for a value-conscious buyer who appreciates a home that has already demonstrated solid capital growth and offers the potential to customize the basement to their own taste.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for living space (top 26% on the street) and lot size (top 54%). However, being built in 2019, it is newer than only 8% of homes on the street, meaning most neighbours' homes are more recently built.
2. What does the "unfinished basement" mean for me?
The basement is complete but not renovated. It provides dry, secure storage and significant potential for future customization—such as adding a rec room, home gym, or additional bedrooms—without the need for major structural work.
3. The assessed value is listed at $70.10k. Is that the sale price?
No. The assessed value is for municipal tax purposes. The home last sold in June 2023 for $72.10k, which is a more current indicator of its market value and shows a pattern of appreciation.
4. Is the neighbourhood established?
Bridgwater Trails is a developing community. This home is from 2019, so the immediate area is settled, but nearby listings from 2022 indicate newer construction is still ongoing, suggesting the neighbourhood continues to mature.
5. How does this property hold its value compared to Winnipeg overall?
Its key metrics (size, assessed value, recent sale price) consistently rank in the top 2-5% of all properties in Winnipeg, indicating it is a well-above-average asset within the broader city market.