Property Overview: 3 Glen Ivy Court, Bridgwater Trails
Key Characteristics & Appeal
This two-storey home, built in 2015, presents a balanced offering in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its established yet modern foundation, featuring a renovated basement and an attached garage on a generous 4,595 sqft lot. The 1,680 sqft living area is competitively sized, ranking better than 80% of Winnipeg homes. A key financial perspective is its 2022 sale price of $555,000, which sits well above its current assessed value, suggesting a purchase made with significant updates or market premiums in mind. The home suits buyers seeking a move-in ready property in a master-planned community, particularly those who value a renovated basement for extra living space and appreciate a lot size larger than many of its immediate neighbours. It’s a practical fit for young families or professionals looking for a settled home in a newer community without the premium of a brand-new build.
Frequently Asked Questions
1. How does this home compare to others on the street?
The property holds a middle-ground position on Glen Ivy Court. Its lot size is above average for the street (top 61%), but the building itself is slightly newer than only about a third of the homes (top 64%). This indicates a mix of both larger lots and newer constructions in the immediate area.
2. What does the sold price from 2022 indicate?
The home sold for $555,000 in January 2022, a period of peak market activity. This price is notably higher than the current assessed value. Buyers should investigate what renovations or features justified that premium at the time and how current market conditions compare.
3. Is the renovated basement a full suite?
The listing confirms a renovated basement but does not specify if it is a legal suite with a separate entrance. This is a key detail to clarify for those interested in rental potential or specific layout configurations.
4. How does Bridgwater Trails rank for newer homes?
While this 2015 home is newer than 92% of Winnipeg, it’s actually older than 93% of homes in Bridgwater Trails itself. This highlights the neighbourhood’s very recent development, meaning you’re buying into a consistently modern streetscape.
5. What are the comparable properties nearby?
The listing references several nearby homes in Bridgwater Trails with similar sizes and assessed values, such as those on Hemmingwood Court and Appleford Gate. This provides a clear cluster of comparables from 2016-2018, useful for gauging neighbourhood value.