Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails offers a modern, low-maintenance foundation in a desirable Winnipeg suburb. Built in 2019, it presents a turnkey property with the major systems and finishes of a relatively new build, minimizing immediate repair concerns. Its key appeal lies in its balanced position: it’s newer than roughly 96% of Winnipeg homes, sits on a lot larger than 99% of others on its street, and has a living space that is comfortably above average for the area. The attached garage and unrenovated basement provide practical storage and future potential.
The home would suit first-time buyers or young families seeking a modern, move-in-ready house in a community-focused neighbourhood. It also represents a sensible choice for value-conscious buyers who prioritize a newer building envelope and a good-sized lot over having the largest interior square footage on the block. A thoughtful perspective is that while the assessed value is modest for the area, the home’s recent sale history shows strong value growth, suggesting it has been a solid asset in a popular community.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. This offers the next owner a blank canvas to finish according to their needs, whether for additional living space, a home gym, or storage.
2. How does this home compare to others in Bridgwater Trails?
The data indicates a mix of strengths. It has a larger lot than nearly all neighbouring homes on Rowntree Avenue and is newer than most. The living area and current assessed value are above average for the street but sit in the mid-to-upper range for the wider Bridgwater Trails neighbourhood.
3. What does the sale history tell us?
The home sold for $320,600 in 2019 and then for $530,500 in 2022. This indicates significant appreciation in its first three years. This history is important for understanding the property's market trajectory, though past performance is not a guarantee of future results.
4. What are the property taxes likely to be?
The city's assessed value for taxation purposes is $452,000. You can estimate annual property taxes by multiplying this figure by the current Winnipeg municipal tax rate (approximately 1.25% to 1.3%, but confirm the exact rate for the year).
5. The home is described as "top 1%" for lot size on its street but "top 75%" in the neighbourhood. What does this mean?
This highlights the value of hyper-local context. While the lot is exceptionally large for its specific street—a big plus for privacy and outdoor space—larger lots can be found elsewhere in the broader Bridgwater Trails area. It confirms this property is a standout on its own block.