24 Landover Drive

Property Overview & Key Characteristics

This two-storey home at 24 Landover Drive in Bridgwater Trails is a modern, low-maintenance property built in 2018. Its primary appeal lies in its balance of being a relatively new build in a popular suburban neighbourhood, which typically means fewer immediate repair concerns. The home features an attached garage and a full, unfinished basement offering potential for future customization. With 1,502 sqft of living space, it is positioned as a practical family home.

The property’s value proposition is nuanced. While its assessed value and recent sale price are modest compared to many Winnipeg homes, the data suggests it ranks in the lower tiers for both size and value within its immediate street and Bridgwater Trails neighbourhood. This indicates it may be one of the more accessible entry points into this newer community. It would likely suit first-time buyers or young families seeking a modern home in a developed area without a premium price tag, or investors looking for a newer rental property with lower maintenance demands. A thoughtful perspective is that this home offers the "bones" of a newer community—like modern infrastructure and amenities—without paying for premium upgrades or lot size, representing a strategic compromise.

Frequently Asked Questions

1. Is the basement finished?
No, the basement is unfinished. This presents a blank canvas for future expansion, such as adding a recreational room, home office, or additional bedrooms, but would require an additional investment.

2. How does this home compare in size to others on the street?
At 1,502 sqft, this home is smaller than about 70% of the other homes on Landover Drive, based on the provided ranking. It is a competitively sized but not a large home for the area.

3. The home sold recently in July 2024. What does the price history indicate?
The home sold for $48,500 in July 2024, which is slightly above its $46,300 assessed value. It previously sold for $38,800 in March 2020. This history shows steady appreciation, consistent with market trends over that period.

4. What is the significance of the neighbourhood ranking data?
The data shows that, by assessed value, this property ranks in the bottom 15% within Bridgwater Trails. This isn't necessarily negative; it simply confirms this is one of the more affordable properties in a generally desirable, newer neighbourhood.

5. Are there any obvious red flags from the public data?
There are no glaring red flags. The home is modern, has stable recent sales, and is in good standing. The key consideration for a buyer is whether the smaller-than-average size for the street and the unfinished basement align with their space needs and budget for potential renovations.