Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails presents a compelling opportunity for buyers seeking a modern, low-maintenance property in a newer Winnipeg community. Built in 2017, the home offers a move-in-ready foundation with an unrenovated basement, providing a blank canvas for future expansion. Its attached garage and a land area of over 6,000 sqft are practical assets for city living.
The appeal lies in its strong position within a desirable, contemporary neighbourhood. The data suggests it’s a well-built, newer home that has held its value, with its last sale price ranking in the top 10% city-wide. Its lot size is notably generous for the street and area, offering more outdoor space than many comparable properties. This home would suit first-time buyers or young families looking for a modern community with newer infrastructure, as well as value-conscious buyers who appreciate the potential to customize the basement space over time without the immediate pressure of a full renovation.
Frequently Asked Questions
1. What is the significance of the property’s ranking data?
The rankings compare this home to others on its street, in Bridgwater Trails, and across Winnipeg. They show it excels in key areas like lot size (top 25% on its street) and being a newer build (top 6% in Winnipeg), indicating a premium, modern property within its market segment.
2. Has the property appreciated in value?
The sold price history shows a stable value trajectory. It sold for $566,000 in 2021 and then for $581,000 in 2023, demonstrating resilience in its market value during that period.
3. What does "basement, not renovated" imply?
It means the lower level is functional but unfinished or in its original builder state. This is often seen as potential, allowing a new owner to design and finish the space to their own taste and schedule without paying a premium for someone else’s renovation.
4. How does the lot size compare to the neighbourhood?
At 6,053 sqft, the lot is larger than 75% of those on its own street and 78% within Bridgwater Trails. This is a standout feature, offering more private outdoor space than many homes in this newer community, which often feature smaller lots.
5. What can nearby property values tell us?
The listed comparable properties with similar assessed values are located in established areas like Elmhurst. This suggests that, from an assessment perspective, this Bridgwater Trails home offers a comparable value proposition to homes in more mature neighbourhoods, highlighting the desirability of this newer community.