Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern, low-maintenance property built in 2016. Its primary appeal lies in its above-average size and established value within a newer community. With over 2,000 square feet of living space on a large 5,561 sqft lot, it ranks in the top 15-30% of its immediate area for size. The home features an attached garage and an unrenovated basement, presenting a blank canvas for future customization.
The property suits buyers seeking a move-in ready home in a contemporary neighbourhood without the uncertainties of a brand-new build. It’s particularly well-matched for growing families or professionals who value space and modern infrastructure but wish to avoid older homes with potential maintenance issues. A thoughtful perspective is its strong performance in city-wide rankings for living area and assessed value (top 10%), suggesting it may hold its value well compared to the broader Winnipeg market, despite being more average in its own street for year built.
Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. It typically features newer homes, parks, and walking trails, appealing to those seeking a suburban feel with contemporary amenities.
2. Is the basement finished?
No, the basement is not renovated. This could be seen as a downside for those wanting immediate livable space, but it also presents an opportunity to customize and add value according to your own needs and taste.
3. How does this property compare to others on the street?
The data shows this home is larger than 85% of homes on Del Monica Road and its last sold price ranked in the top 6% on the street. However, it is newer than only 26% of its neighbours, meaning many nearby homes were built more recently.
4. What does the assessed value versus last sale price indicate?
The current assessed value is significantly lower than the 2023 sale price. This is not uncommon, as municipal assessments for tax purposes often lag behind current market values. It’s essential to base an offer on recent comparable market sales, not the assessment.
5. Are there any obvious red flags from the sales history?
The home sold for $630k in April 2023 and previously for $548k in July 2020. The sharp increase aligns with the former market peak. Current buyers should focus on present-day valuations, as this history primarily shows the previous owner purchased during a period of rapid appreciation.