Property Overview: 213 Appleford Gate, Bridgwater Trails
Key Characteristics & Buyer Appeal
This 2015-built, two-storey home in Bridgwater Trails sits on a nearly 4,000 sqft lot. With 1,694 sqft of living space, it offers a practical layout for modern living. The home has an unfinished basement, presenting a clean slate for future expansion or customization, and does not include a garage.
Its primary appeal lies in its value within a newer, master-planned community. The home ranks well above average for its living area size compared to most of Winnipeg, suggesting good interior space for its class. While its assessed value is modest relative to the immediate street and neighbourhood, this can represent an accessible entry point into a sought-after area. The property suits first-time buyers or young families looking for a move-in-ready home in a contemporary suburb, with the basement offering long-term potential. It may also attract value-oriented buyers who see opportunity in a home that ranks well on core metrics like size and age city-wide, but has room to grow in terms of finishes and features.
Frequently Asked Questions
1. Why is the assessed value notably lower than the last sale price?
The home sold in June 2022 for $52.5k, while the current assessed value is $46.30k. This difference likely reflects market adjustments since the peak of 2022 and is specific to the municipal assessment process, which doesn't always mirror current market value.
2. What does the ranking data actually tell me?
The percentile rankings show how this property compares to others. For example, being "Top 27%" for living area on its street means 73% of houses on Appleford Gate are larger. It's a relative snapshot, highlighting that this home offers more interior space than most in Winnipeg, but is on a newer street where many homes are larger or newer.
3. How significant is the lack of a garage?
This is a key consideration. In a suburban neighbourhood like Bridgwater Trails, most homes have garages. Buyers should budget for potential driveway parking, the installation of a shed for storage, or the future cost of adding a garage if the lot permits.
4. The basement is unfinished. What should I consider?
This is both a project and an opportunity. You have the flexibility to finish it to your taste, but must factor in the significant time and cost (typically tens of thousands of dollars) to add living space, proper insulation, and moisture control.
5. The "similar assessed value" properties are in different neighbourhoods. Why?
The list groups properties with identical municipal assessments ($46.30k) for tax comparison purposes. It doesn't mean they are similar in market value, condition, or appeal. Always evaluate a home based on its specific street, community, and condition.