Property Overview
39 Beachgrove Court is a modern, two-storey home in Winnipeg's Bridgwater Trails neighbourhood. Built in 2020, it sits on a large, 9,673 sqft lot and features 2,593 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its combination of a contemporary build, significant lot size, and strong performance in key metrics compared to its surroundings. The home has demonstrated notable value appreciation, selling for $840k in early 2024 after a 2020 sale at $671k.
This property is ideally suited for buyers seeking a move-in ready, relatively new home in a master-planned community who value space and privacy afforded by a larger lot. It would also appeal to those who prioritize homes with strong comparative rankings in area, value, and recent sale price within their immediate street, neighbourhood, and the wider city.
Key Characteristics & Appeal
- Modern Foundation in a Planned Community: As a 2020 build, the home offers contemporary layouts and systems, minimizing immediate repair concerns. Its location in Bridgwater Trails provides access to the community's pathways, parks, and amenities.
- Space and Scale: The property stands out for its generous proportions. The living area is in the top 7% of the neighbourhood, while the lot size is exceptionally large for the area, offering more private outdoor space than most nearby homes.
- Strong Market Position: The data indicates a consistently high-performing asset. It ranks in the top 10% of its neighbourhood for lot size, living area, and most recent sale price. Its rapid and significant value increase from 2020 to 2024 suggests a desirable location and property configuration.
- Thoughtful Perspective: The home’s top-tier rankings on its specific street (e.g., #1 for assessed value and latest sale price) are particularly telling. This suggests it is not just a nice house in the area, but likely one of the most premium properties on its cul-de-sac or block, which can influence long-term value and neighbourhood perception. The renovated basement adds flexible living space that a 2020 build might not yet have, offering immediate utility.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing notes the basement is renovated, but specifics on the finish, rooms (e.g., bedroom, bathroom, rec room), and quality of materials are not provided. A buyer should inquire for details or schedule a viewing to assess the scope and condition of this update.
2. How significant is the lot size?
At 9,673 sqft, the lot is a key feature. It ranks larger than 90% of lots in Bridgwater Trails, meaning it offers more yard space than the vast majority of homes in this newer neighbourhood, which often have smaller, standard-sized lots.
3. The assessed value is much lower than the sale price. Why?
The $75.3k assessed value is for municipal tax purposes only and is not a market valuation. The $840k sale price in February 2024 reflects the actual market value buyers were willing to pay at that time.
4. What do the ranking percentages mean?
They show how this property compares to others. For example, "Better than 93% in Winnipeg" for living area means only 7% of Winnipeg homes are larger. These metrics highlight where the property excels relative to thousands of others.
5. Has the value increased steadily?
The public sales data shows a significant increase from $671k in November 2020 to $840k in February 2024. This indicates strong market demand and value growth for this specific property over a ~3 year period, though past performance does not guarantee future results.