Property Overview & Key Characteristics
This two-storey home at 39 Rowntree Avenue in Bridgwater Trails is a modern property, built in 2020, offering a move-in-ready foundation with room for personalization. Its key appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a popular, master-planned community. The home features an attached garage, a good-sized lot, and an unfinished basement that presents a clear opportunity for future expansion or customization to suit a buyer's needs.
The property would suit first-time buyers or young families looking for a modern home in a sought-after neighbourhood without paying a premium for a fully finished space. It's also a practical fit for buyers who view an unfinished basement not as a drawback, but as a valuable blank canvas to create exactly what they want, potentially adding significant equity down the line.
A less obvious perspective is its relative value. While its living space is modest for the area, the lot size is generous, suggesting potential for outdoor enjoyment or landscaping projects. The recent sale history indicates stable value in a shifting market, appealing to the cautious buyer. It may not be the largest or most upgraded home on the street, but it represents a solid entry point into a newer community where many properties are older.
Frequently Asked Questions
1. Is the basement ready to be finished?
The basement is described as "not renovated," meaning it is unfinished. It is a blank space with rough-ins, awaiting drywall, flooring, and layout decisions from a new owner.
2. How does this home compare to others in Bridgwater Trails?
The data shows a mix. The home is newer than most in Winnipeg and on its street, but its living area is more compact compared to many in the immediate neighbourhood. This often translates to a more accessible price point in a desirable area.
3. What does the sold price history tell us?
The home sold for $370,000 in 2020 and then $465,000 in early 2024. This recent sale provides a clear, current benchmark for its market value.
4. Who is responsible for finalizing the basement and any other unfinished spaces?
Any finishing or renovation work would be the responsibility of the new homeowner, requiring appropriate permits and contractors. This should be factored into budgeting plans.
5. Are the property taxes based on the assessed value or the sale price?
Property taxes are based on the municipal assessed value (currently $45,900), not the sale price. However, a significant sale price can influence future assessment cycles.