Property Overview
44 Landover Drive is a modern two-storey home in the Bridgwater Trails neighbourhood, built in 2018. Its primary appeal lies in its balance of contemporary build quality and established community living. The home sits on a good-sized lot (over 2,500 sq ft) and features an attached garage and a full, unfinished basement offering potential for future customization.
The property suits first-time buyers or young families looking for a move-in ready home in a newer suburb without the premium of a brand-new build. Its 2023 sale price suggests it occupies a competitive middle range for the area. A less obvious point of appeal is its strong ranking for "newer" construction compared to most of Winnipeg (top 5%), indicating it offers modern efficiencies while the neighbourhood itself has had a few years to mature. The fact that its assessed value is notably lower than its recent sale price may be a point of discussion for buyers regarding future tax assessments.
Key Details & FAQs
Key Characteristics:
- Type & Build: Two-storey single-family home, built in 2018.
- Space: 1,503 sq ft of living space, with a full (unfinished) basement and an attached garage.
- Lot: 2,556 sq ft, which is larger than most on its street.
- Location: Bridgwater Trails, a planned community in Winnipeg.
- Recent History: Sold in September 2023 for $500,000. The current assessed value is $46,300.
Frequently Asked Questions:
1. How does the assessed value compare to the sale price?
The assessed value for tax purposes ($46,300) is significantly lower than the home's 2023 sale price ($500,000). This is not uncommon, as municipal assessments often lag behind market values and use different valuation methods. Buyers should budget based on the sale price, not the assessment.
2. What does the "unfinished basement" mean for me?
The basement is a blank canvas. It adds valuable storage and utility space immediately and offers the future potential to add living area, a recreation room, or additional bedrooms to suit your needs, though this requires investment.
3. The home ranks highly for being "newer" in Winnipeg. What are the benefits?
A 2018 build means modern building codes, energy-efficient fixtures, and newer major systems (like HVAC and plumbing). This can translate to lower maintenance costs in the short term and potentially lower utility bills compared to older homes.
4. The lot is larger than most on the street. Why is that important?
A larger lot (2,556 sq ft) provides more outdoor space for gardening, play, or entertaining. It can also offer better privacy and feel less cramped than neighbouring properties. This is a fixed feature that adds lasting value.
5. Who would this home be a good fit for?
This property is well-suited for first-time buyers or young families seeking a modern, low-maintenance home in an established newer community. The unfinished basement appeals to those who want to customize space over time, while the 2018 build date offers peace of mind regarding the condition of major components.