Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails presents a modern, low-maintenance living option in a desirable Winnipeg community. Built in 2019, its key appeal lies in its balance of being a relatively new build—which means fewer immediate repair concerns—and its established location within a mature phase of the neighbourhood. The attached garage and good-sized 3,858 sqft lot are practical assets.
The home’s profile is one of solid fundamentals rather than standout size or luxury. With 1,432 sqft of living space and an unfinished basement, it suits first-time buyers, young professionals, or small families looking for a modern, move-in-ready home with room to grow. Its recent sale history shows steady value appreciation, suggesting a stable investment. A thoughtful perspective is that while the interior space is modest compared to some neighbours, the lot size is above average for the street, offering valuable outdoor potential. It’s a property for buyers who prioritize a newer home in a top-ranked area over maximum square footage, viewing the basement as a blank canvas for future value addition.
Frequently Asked Questions
1. Is this a good investment given the recent sale price?
The home sold for $47.5k above its assessed value in August 2024, indicating strong market demand. Its value has appreciated consistently since 2019, pointing to a stable investment in a sought-after neighbourhood.
2. How does the living space compare to the area?
At 1,432 sqft, the living area is below the neighbourhood average. This is reflected in its ranking, placing it in the top 88% (meaning only 12% of homes in the neighbourhood are smaller). Buyers should prioritize efficient layout over total square footage.
3. What does the "unfinished basement" mean for me?
The basement is a blank slate—it’s fully usable for storage or utilities but requires a full renovation to become living space. This is a key opportunity to add future value and customize the home to your needs, but it requires upfront planning and budget.
4. The lot is ranked highly, but what does that actually offer?
The lot is larger than 99% of others on the street. This means more private outdoor space, potential for gardening, landscaping, or additions like a deck, which is a significant advantage in a newer community where lots are often smaller.
5. How does the property’s age (2019) benefit me?
A 7-year-old home typically means modern building codes, efficient systems, and remaining lifespan on major components like the roof, HVAC, and appliances. It offers the neighbourhood establishment of an older home without the immediate repair risks.