265 Windflower Road

Property Overview

This two-storey home in Bridgwater Trails, built in 2019, presents a modern, low-maintenance living option. Its key appeal lies in being a relatively new build in a developed community, offering a move-in-ready canvas without the concerns of an aging structure. The 1,443 sqft living space is efficient, and the 4,000 sqft lot provides decent outdoor space for a newer neighbourhood. Notably, the home ranks highly for its newness compared to most of Winnipeg, placing it in the top 4% city-wide by age. However, its assessed value is notably lower than most immediate neighbours, ranking at the very bottom on its street. This combination suggests a well-kept, modern home that may offer value relative to other newer properties, but likely without premium upgrades or a finished basement.

It would suit first-time buyers seeking a modern home with minimal immediate repairs, or practical downsizers looking for single-level living (assuming main-floor primary bedroom). It’s less suited for those wanting a move-in-perfect, high-spec finish or extensive recreational space, given the basement is noted as not renovated and there is no garage.

Frequently Asked Questions

Q: What does the assessed value ranking mean?
A: The assessed value is significantly lower than all neighbouring homes on the street (ranking 145 out of 145). This could reflect differences in lot size, finishes, or specific features. It's important to get a current market evaluation, as assessed value for taxes doesn't always equal market value.

Q: Is the basement finished?
A: No. The listing specifies the basement exists but is "not renovated," meaning it is likely an unfinished space awaiting development, which adds potential future living space but requires investment.

Q: How does the property's age compare to the area?
A: Built in 2019, it's newer than approximately 96% of homes in Winnipeg, placing it in the top 4%. Within its own neighbourhood, it's newer than about 65% of properties, making it a modern offering in a relatively new community.

Q: Is there a garage?
A: No, the listing specifies "Garage: None." Parking would be limited to driveway or on-street.

Q: The home sold in 2019 for $35k, but is now assessed at $43.4k. Why?
A: The 2019 sale was likely the initial purchase from the builder. The current assessed value reflects the city's valuation for property tax purposes after the completion of the home and community development. Market value may differ from both figures.