Property Overview: 27 Glen Ivy Court, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2016, offers modern living in the popular Bridgwater Trails neighbourhood. Its key features include a generous 4,595 sqft lot, 1,741 sqft of living space, a detached garage, and an unfinished basement. The home’s primary appeal lies in its balance of being a relatively newer build with ample outdoor space—a combination that can be hard to find. It ranks highly for its newer age compared to most Winnipeg homes, placing it in the top 7% city-wide.
The property would suit first-time buyers or young families looking for a move-in-ready home in a established suburban community, without the premium for a fully renovated basement. It also presents a solid canvas for buyers who view the unfinished basement as a valuable opportunity for future customization, rather than a drawback. A thoughtful perspective is its positioning within its immediate street: while newer than most houses on Glen Ivy Court, its assessed value is more modest relative to its neighbours, which could indicate potential value for a savvy buyer in a desirable area.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Trails?
Based on available metrics, this home is newer than about 84% of properties in the neighbourhood. Its living area is slightly above the neighbourhood median, while its assessed value sits in the more affordable range for the area.
2. What does the price history tell us?
The home was purchased new in 2016 for $363k and sold again in October 2022 for $515k. The current assessed value is $500k, which is common for assessments to trail slightly behind recent sale prices.
3. Is the unfinished basement a major disadvantage?
Not necessarily. It keeps the initial purchase price competitive and offers the next owner the flexibility to finish the space to their own taste and needs, without needing to undo someone else’s work.
4. How is the lot size for the area?
At just over 4,500 sqft, the lot is a strong feature. It is larger than many in Winnipeg and provides good outdoor space for a newer subdivision home, ranking better than 64% of lots city-wide.
5. What are the comparable nearby properties like?
The listed comparables on Appleford Gate and Cherrywood Road have higher assessed values, often correlating with more living space or premium lots. Direct neighbours on Glen Ivy Court have very similar lot sizes and ages, making this a typical home for the street, but one with a recent sale history that provides clear market context.