Property Overview: 19 Del Monica Road, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2016, offers a modern foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in a balanced combination of newer construction, above-average living space, and a strong value position. With 1,910 sqft of living area, the home is larger than approximately 75% of houses on its street and sits on a 4,445 sqft lot. It features an attached garage and an unfinished basement, presenting a blank canvas for future customization.
The property’s standout characteristic is its assessed value, which ranks in the top 25% on its street and the top 11% city-wide, suggesting a favourable tax assessment relative to its market. This, combined with its above-average size for the area, makes it a practical choice for growing families or professionals seeking a move-in ready, low-maintenance home without the premium for a fully renovated basement. Its appeal is for the value-conscious buyer who prioritizes a modern build envelope and the potential to add personal touches over a turn-key, upgraded property. The neighbourhood itself is well-established, offering community amenities and a sense of permanence.
Frequently Asked Questions
1. What does the "unfinished basement" actually mean?
It means the basement is a blank, usable space with essential elements like foundation, flooring, and likely plumbing rough-ins, but without finished walls, ceilings, or flooring. This is a significant opportunity to add value and customize the home to your needs, but requires planning and budget for renovation.
2. The home sold in 2017 for $500k. How is the assessed value only $55,400?
The assessed value ($55.40k) is not the market value; it is the value assigned by the municipal authority for property tax calculation purposes only. The sale price from 2017 reflects the actual market value at that time. Current market value would be determined by recent comparable sales and today's market conditions.
3. The rankings show the home is "newer than 93% of Winnipeg." Is it essentially new?
While it is newer than the vast majority of Winnipeg's housing stock, a 2016 build means the home is now approximately 10 years old. Key components like the roof, major appliances, and HVAC system are approaching mid-life, so a thorough inspection is recommended to anticipate any upcoming maintenance.
4. Who would this property suit best?
It is well-suited for a first-time move-up family or a professional couple needing more space than a starter home offers. The unfinished basement is ideal for buyers who have a clear vision for the space and the means to renovate over time. It may be less suitable for those seeking a completely finished, low-effort property.
5. How does the lot size compare?
At 4,445 sqft, the lot is slightly above average for the street. This typically translates to a manageable yard with reasonable outdoor space for gardening or recreation, without the extensive maintenance of a much larger lot. It strikes a balance between private outdoor space and low upkeep.