Property Overview
This 2019 two-storey home in Bridgwater Trails offers modern living with established neighbourhood appeal. Its key characteristics include a renovated basement, an attached garage, and a generous 6,019 sqft lot. With 2,357 sqft of living space, the home is notably spacious, ranking within the top 15% of its neighbourhood and top 4% city-wide for size. Its assessed value also places it highly, within the top 3% of Winnipeg.
The appeal lies in a balanced combination of newer construction, above-average interior space, and a large yard—a mix that can be hard to find. It suits buyers looking for a move-in ready, modern family home in a sought-after community who value both indoor living areas and outdoor potential. A thoughtful perspective is that while the 2020 sale price was $650k, the current high assessment value suggests significant appreciation, potentially indicating strong investment in the area or valuable upgrades. It may particularly appeal to those who prioritize a home that stands out in size and value within its immediate community, not just the city at large.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At just over 6,000 sqft, the land area is larger than 58% of lots on the same street, offering more outdoor space than many comparable properties in this newer neighbourhood.
2. The home was built in 2019. What does that mean for a buyer?
As a 7-year-old home, it’s past the initial warranty period but still modern, likely featuring current layouts and efficient systems. Major components like the roof, windows, and HVAC should still have considerable life, but a thorough inspection is always recommended.
3. Why is there a notable difference between the 2020 sale price and the current assessed value?
The assessed value of $711,000 is significantly higher than the 2020 sale price of $650,000. This typically reflects strong market appreciation in the area and/or value-adding renovations (like the basement update mentioned), but it does not directly set the market price.
4. What do the "rank" percentages actually tell me?
They show how this property compares to others in specific categories. For example, ranking "Better than 85% in neighbourhood" for living area means only 15% of homes in Bridgwater Trails are larger. It’s a quick way to gauge the home’s relative standing.
5. Is the renovated basement a legal suite?
The listing states the basement is "renovated" but does not specify it as a legal secondary suite. Buyers interested in rental income or a separate living area should verify its compliance with local zoning and building codes through their due diligence.