Property Overview: 3 Del Monica Road, Bridgwater Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering a move-in-ready foundation in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of new-build benefits and established community living. The home sits on a generous 5,118 sqft lot, providing ample outdoor space—a notable feature for a newer property. With an attached garage and a full (though unrenovated) basement, it offers practical space for storage, vehicles, and future expansion.
The home’s strongest suit is its modernity; it ranks newer than 97% of homes in Winnipeg, meaning major components like roofing, HVAC, and windows are under a decade old and likely under warranty. This is a significant advantage for buyers seeking to avoid immediate large maintenance expenses. However, its living space (1,614 sqft) is moderately sized, ranking around the middle for its street, suggesting efficient rather than expansive room layouts.
This property would suit first-time buyers or young families looking for a low-maintenance, contemporary home in a master-planned community with access to pathways, parks, and amenities. It also presents a solid canvas for buyers who appreciate a newer structure but envision personalizing spaces like the basement over time. A thoughtful perspective is that while the assessed value has risen since its 2020 sale, its value ranking is stronger city-wide than within its immediate neighbourhood, indicating it may represent good value within the broader Winnipeg market.
Section 2: Frequently Asked Questions
1. What does the "Better than X%" ranking actually mean?
These rankings compare this specific property against all others on the same street, in Bridgwater Trails, and across Winnipeg for metrics like lot size, year built, and assessed value. For example, being newer than 97% of Winnipeg homes highlights its modern construction, while its middle-tier ranking for living area on its street gives context for its size.
2. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or only partially finished. It provides essential utilities and structure but awaits drywall, flooring, and design choices. This can be a cost-saving opportunity to customize the space to your needs, but it requires planning and budget for completion.
3. How does the 2020 sale price compare to the current assessed value?
The home sold for $432,000 in April 2020. Its current assessed value is $508,000. This increase reflects market appreciation over four years. It’s important to note that assessed value is for municipal taxation purposes; a property's market value is determined by current buyer demand.
4. Is the lot size typical for Bridgwater Trails?
At over 5,100 sqft, the lot is larger than average for the area. It ranks better than 53% of lots on Del Monica Road and better than 48% city-wide. This is a key feature, offering more private outdoor space than many newer subdivisions.
5. Who might the comparable "Nearby" and "Similar Value" listings be for?
The "Nearby" listings (e.g., 7, 11 Del Monica Road) help you understand the immediate streetscape and potential neighbour dynamics. The "Similar Assessed Value" listings in other neighbourhoods (like Elmhurst or Varsity View) are useful for buyers comparing what a similar municipal tax valuation can secure in different areas of Winnipeg, highlighting location-based trade-offs.