Property Overview: 220 Del Monica Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2017, situated on a generous 3,980 sqft lot in the popular Bridgwater Trails neighbourhood. With 1,644 sqft of living space, a detached garage, and an unrenovated basement, it presents a well-maintained, move-in-ready canvas. Its core appeal lies in its balance of contemporary build quality and future potential. The home is newer than approximately 94% of properties in Winnipeg, offering modern efficiencies and less immediate concern for major system replacements. The large lot is a standout feature for the area, providing ample private outdoor space—a relative rarity in newer communities.
The property would suit first-time buyers or young families seeking a modern home in a planned community without the premium of a brand-new build. It’s also a sensible choice for practical buyers who value a blank-slate basement to customize to their own taste and budget, rather than paying for a prior owner’s renovations. A less obvious perspective is its appeal to value-focused buyers: while its assessed value ranks in the top 25% city-wide, its prior sale price was in the top 15%, suggesting it may hold its value well in its peer group. It’s a home for those who prioritize a newer structure and lot size over being in the absolute top tier of its immediate street or neighbourhood rankings.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is currently higher than about 74% of properties in its neighbourhood and 79% in Winnipeg, indicating solid overall value. However, on its specific street, it ranks in the top 75%, meaning it’s assessed higher than only 25% of its closest neighbours, which may present a competitive position.
2. What does the sale history tell us?
It last sold in February 2022 for $520,000. Its first sale was in June 2017 for $351,000. This history shows steady appreciation, with the 2022 price being higher than 85% of Winnipeg home sales, reflecting strong market demand at that time.
3. Is the basement finished?
No, the basement is not renovated. This is a key feature for buyers looking for additional living space to customize themselves, or who prefer the lower cost associated with an unfinished area.
4. How does the lot size rank for the area?
The lot is 3,980 sqft, which is larger than 85% of lots on the same street. This above-average outdoor space is a significant advantage in this community.
5. What are the rankings based on?
The provided rankings (e.g., "Top 75%") compare this specific property metric (like living area or assessed value) against all other properties in the defined geographic area (street, neighbourhood, or city). A "Top 75%" rank means the property scores better than 75% of those compared.