Property Overview & Appeal
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2016. Its key appeal lies in a balance of space and recent updates, featuring a renovated basement and a detached garage on a generous 4,533 sqft lot. The home’s consistent value growth is notable, having sold for $475,000 in late 2024—a significant increase from its 2016 and 2021 sale prices—which suggests a solid investment in a desirable, newer community.
The property suits first-time buyers or young families looking for a move-in-ready home in a contemporary neighbourhood without the concerns of an aging structure. Its above-average ranking for lot size within the street offers a relative sense of space, while the renovated basement provides immediate functional flexibility for a home office, gym, or entertainment area. A thoughtful perspective for buyers is the home’s "newer than most" status city-wide (top 7% in Winnipeg), which can translate to greater energy efficiency and lower immediate repair costs compared to much of the broader market.
Frequently Asked Questions
1. How does this home’s value compare to others in Bridgwater Trails?
The home’s late-2024 sale price of $475,000 places it in the top 37% for the neighbourhood, indicating it is valued above many comparable properties. Its assessed value is also above the neighbourhood median.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent to understand the quality and scope of the work.
3. Is the lot size typical for the area?
At 4,533 sqft, the lot is larger than 93% of others on Glen Ivy Court, offering more outdoor space than most immediate neighbours—a distinct advantage on this street.
4. How does the building’s age affect potential costs?
Built in 2016, major components like the roof, HVAC, and appliances are likely still within or approaching their typical lifespan. While newer than most Winnipeg homes, budgeting for eventual replacements of these items in the coming years is prudent.
5. What is the significance of the detached garage?
A detached garage offers flexibility for potential expansion (like a workshop or studio) and can reduce noise transfer to the main house. However, it requires going outdoors to access your vehicle, a consideration during Winnipeg winters.