Property Overview: 253 Appleford Gate, Bridgwater Trails
Key Characteristics & Appeal
This 2016-built bi-level home in the Bridgwater Trails neighbourhood offers a practical, modern foundation with a key upgrade in its renovated basement. Its 1,288 sqft living area is compact relative to many newer homes in the area, positioning it as an efficient, lower-maintenance option. The lot size is a standard suburban footprint. The home’s standout feature is its assessed value of $470k, which ranks notably higher than its last sale price in 2021 ($48k), suggesting significant appreciation and municipal recognition of improvements or market shifts.
The appeal here is multifaceted. For buyers, it represents a turnkey opportunity in a sought-after, modern community without the premium price of a larger or brand-new build. The renovated basement adds immediate functional living space. Its strong value ranking city-wide (top 22%) against a moderate size ranking (top 40%) indicates it may offer good value per square foot in Winnipeg’s context. This property would suit first-time buyers seeking a modern home in a family-friendly neighbourhood, or downsizers looking for single-level living potential (with primary amenities likely on the main floor) and minimal upkeep. It’s a pragmatic choice for those who prioritize a renovated condition and community amenities over sheer square footage.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,288 sqft, this home has less above-ground living area than many comparable properties in Bridgwater Trails, as seen in the listed references. This is a key factor in its pricing and makes efficient use of space essential.
2. What does the “renovated basement” entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of finishes, the presence of proper permits, and whether it includes a legal secondary suite or additional bedrooms.
3. Why is the assessed value so much higher than the 2021 sale price?
The jump from a $48k sale price to a $470k assessment is significant. It typically reflects strong market appreciation, substantial improvements made to the property, or a correction from a previous non-arms-length transaction. Reviewing the property’s full assessment history can provide clarity.
4. Is there a garage?
No, the property listing specifies there is no garage. Buyers should consider driveway parking and on-street options, which is a notable difference from many homes in newer suburbs.
5. How does the lot size and home age rank in the neighbourhood?
The lot is fairly average for the street (top 58%), but the home, built in 2016, is newer than most in Winnipeg (top 7%) yet slightly older than many on its specific street (top 32%). This indicates a well-established, mature streetscape within a modern community.