Property Overview
This two-storey home at 393 Windflower Road in Winnipeg's Bridgwater Trails neighbourhood presents a practical opportunity in a modern community. Built in 2018, it offers a move-in ready foundation with a 1,561 sqft living area and a good-sized 4,181 sqft lot. Its key appeal lies in its balance: it's a newer build in a sought-after area, yet its assessed value positions it as a more accessible entry point compared to many nearby properties. The detached garage and existing (though unrenovated) basement provide functional space and future potential.
The home would suit first-time buyers or young families looking for a foothold in a well-regarded, newer suburb without the premium price of the newest constructions. It’s also a sensible fit for value-oriented buyers who prefer a home that’s structurally sound and modern but see cosmetic updates or basement finishing as a personal project over time. A less obvious angle is its appeal to those who prioritize lot size; within its immediate street context, the land area is a relative strength, offering more outdoor space than many neighbouring properties.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
The data indicates this property is valued more accessibly than most on Windflower Road. Its assessed value ranks better than only 14% of homes on the same street, meaning it sits at a lower point in the local price range, which could represent a value opportunity in the area.
2. What does the "rank by year" statistic mean for a 2018 build?
While the home is newer than 95% of properties in Winnipeg, it’s actually older than about 81% of homes on its own street. This highlights that Bridgwater Trails is a very new community, and this home is among its earlier builds, which often accounts for its relatively lower assessed value compared to neighbouring, newer constructions.
3. Is the basement usable in its current state?
The listing specifies the basement exists but is "not renovated." It is likely a blank canvas—finished with basic essentials like flooring, walls, and electricity, but lacking customized living spaces. Buyers should budget and plan for any desired finishing.
4. The home sold in 2022 for $53k. What does that figure represent?
The $53,000 sale price from 2022 almost certainly refers to a partial transaction, such as a title transfer between family members or a corporate adjustment. It does not reflect a full market-value sale. The current market value is best indicated by the $471,000 assessed value and current listing price.
5. How does the living space compare to the neighbourhood?
At 1,561 sqft, the living area is smaller than approximately 72% of homes in Bridgwater Trails. This confirms the home as a moderately sized option in the neighbourhood, aligning with its profile as a practical, potentially more affordable choice for buyers comfortable with a efficient floor plan.