42 Del Monica Road

Property Summary: 42 Del Monica Road, Bridgwater Trails

Section 1: Overview & Appeal

This two-storey home, built in 2019, is a modern property in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of relative newness and established community living. The home is notably newer than 91% of houses on its street and 96% across Winnipeg, meaning major components like roofing, windows, and HVAC are under a decade old, offering peace of mind and reduced immediate maintenance.

The property sits on a 4,001 sqft lot, providing good outdoor space for a newer community. However, its living area (1,443 sqft) is more compact, suggesting an efficient layout suited to smaller households. The home has an unfinished basement, which is a significant opportunity for future customization and added value, rather than a move-in-ready finished space.

This property would best suit first-time buyers, small families, or investors looking for a modern, low-maintenance home in a developed area. It’s ideal for buyers who prioritize a newer build and the potential to personalize a basement over having maximum finished square footage from day one. The rankings indicate that while the house itself is newer than most, its size and assessed value are modest within its immediate area, positioning it as a potentially more accessible entry point into a desirable neighbourhood.

Section 2: Frequently Asked Questions

1. What does the "Top %" ranking mean for the assessed value?
The assessed value of $43.4k ranks in the top 96% on its street, meaning it is lower than nearly all neighbouring properties. This doesn't reflect market sale price but suggests municipal property taxes may be comparatively lower.

2. Is the unfinished basement a drawback?
Not necessarily. For the right buyer, it’s a blank canvas. It allows you to finish the space to your exact needs and taste, potentially increasing the home's value, without paying a premium for a prior owner’s choices.

3. The home sold for $35.7k in 2019. Why is the assessed value now $43.4k?
The 2019 sale price was likely the brand-new purchase price from the builder. The current assessed value is the city's valuation for tax purposes, which has increased as the community matured. Market sale prices are typically higher than both figures.

4. How does the lot size compare?
At 4,001 sqft, the lot is a good size for the area. The "better than 22% on the same street" ranking indicates lots on this street are generally larger, so this property’s yard space is on the smaller side within its immediate block but still generous overall.

5. Who might this property not suit?
Buyers needing significant move-in-ready space or who dislike renovation projects may want to consider homes with finished basements. The living area is also below average for the neighbourhood, so those requiring larger primary living areas may find it compact.