Property Overview & Appeal
This one-storey home in Bridgwater Trails presents a practical, low-maintenance living option. Its key characteristic is being a newer build (2017) that ranks in the top 10% of its street for age, meaning it offers modern construction and systems. The home sits on a good-sized lot (3,777 sqft) and features a renovated basement and a detached garage. Its appeal lies in this balance: it’s a contemporary property with some updated space, yet it maintains a smaller, efficient footprint of 1,307 sqft. The assessed value ranks in the top 20% city-wide, suggesting it is viewed as a solid asset.
This property would suit first-time buyers or downsizers seeking a modern home without the upkeep of an older property or a large two-storey layout. It’s also a sensible choice for an investor or buyer who values the specific Bridgwater Trails community—a planned, family-friendly neighbourhood—but prioritizes a simpler, single-level floor plan. A less obvious perspective is that while the living area is modest compared to some neighbours, the renovated basement and lot size offer immediate space potential without the wait and cost of a new build.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,307 sqft, the living area is more compact than many comparable homes in Bridgwater Trails, as seen in the listed references. This typically translates to lower utility costs and less interior maintenance.
2. What does the assessed value ranking indicate?
An assessed value ranking in the top 20% for Winnipeg suggests the property is officially valued higher than most in the city, which can be a positive indicator for long-term value and equity, though market conditions always apply.
3. Is the detached garage a standard feature here?
In newer neighbourhoods like this, attached garages are common. A detached garage offers flexibility for use as a workshop or studio and may reduce noise transfer to the main house.
4. The home sold in 2017 for $39k, but is now assessed at $48.70k. Why?
The 2017 sale price likely reflects the initial purchase from the builder, not a resale. The current assessed value is the city’s appraisal for tax purposes, which has increased with the development and maturation of the community.
5. What are the pros and cons of the lot size?
At 3,777 sqft, the lot is above average for the street, providing good outdoor space. However, it ranks in the top 86% (meaning only 14% of street lots are larger), so while generous, it may not be the largest on the block.