Property Overview
This 2021 two-storey home in Bridgwater Trails offers modern living with a practical layout. Its key appeal lies in being a relatively new build (just 5 years old) which ranks newer than 90% of homes in the neighbourhood, suggesting minimal immediate maintenance and modern construction standards. The property sits on a generous 5,239 sqft lot, providing ample outdoor space in a community known for its planned family-friendly environment. With an attached garage and an unfinished basement, it presents a solid foundation with room for personalization.
The home would suit first-time buyers or young families seeking a move-in ready property in a established newer community, who value the peace of mind that comes with a recent build. It also appeals to those who see potential in an unfinished basement to add future living space or equity, and who appreciate a larger-than-average lot for the area for gardening, play, or future expansion.
Frequently Asked Questions
1. What does the "ranking" data actually mean for a buyer?
The percentile rankings compare this home against others on its street, in Bridgwater Trails, and across all of Winnipeg. For example, being newer than 98% of Winnipeg homes is a significant advantage, while its living area size is above average for the city but more typical within its immediate neighbourhood. This helps you gauge what you're paying for relative to the broader market.
2. The assessed value and last sold price seem close. Is that a concern?
Not necessarily. The assessed value is very close to its last sale price in 2021, which can indicate stable municipal valuation. However, it's crucial to note that the current market value is determined by recent comparable sales and buyer demand, not the assessment. A professional appraisal or comparative market analysis is needed for an accurate current value.
3. The basement is unfinished. What should I consider?
This is both a cost-saving opportunity and a future project. You'll need to budget for flooring, walls, insulation, and possibly electrical/plumbing work to create livable space. The upside is you can customize it exactly to your needs, whether as a rec room, home office, or additional bedrooms. Ensure you check for pre-rough-ins for bathrooms and understand any permit requirements.
4. How does this home compare to the property at 144 Windflower Road?
The listed reference home at 144 Windflower Road is likely a very similar model, given the identical year, living area, and neighbourhood. Its slightly higher assessed value (55.20k vs. 53.50k) could be due to lot orientation, interior finishes, or minor upgrades. Viewing both, if possible, would highlight the subtle differences that impact value.
5. The lot is larger than many in the area. What are the practical benefits?
Beyond more private outdoor space, a larger lot (5,239 sqft) provides better separation from neighbours, more flexibility for landscaping, and potential for additions like a deck, shed, or garden. It's a feature that becomes increasingly valuable as the neighbourhood matures and trees grow in.