Property Summary: 54 Arbourwood Court
Section 1: Key Characteristics & Appeal
This 2019-built, two-storey home in Bridgwater Trails offers modern living with established neighbourhood roots. Its key appeal lies in the balance of a relatively new build (newer than 96% of Winnipeg homes) with a renovated basement, providing immediate move-in readiness and potential for finished living space. With 1,640 sqft of living area, it is notably spacious for its street, ranking larger than 78% of neighbouring homes.
The property suits practical buyers looking for a low-maintenance, contemporary home in a developed community. It’s ideal for young families or professionals who value a modern layout and attached garage, and who may appreciate a home that’s past its initial settling-in phase but still under warranty for major components. The renovated basement adds flexible space for entertainment, a home office, or guests. A thoughtful perspective is its position within the immediate street: while its size and assessed value rank highly on Arbourwood Court, it sits within a wider neighbourhood and city context that is more competitively priced, potentially offering good value within its micro-location.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The home is assessed at $470,000, which is higher than 84% of properties on its street. This suggests a premium valuation for the area, but market conditions and the renovated basement will ultimately determine the list price.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify finishes or if it includes a legal secondary suite. This is a key detail to clarify with the listing agent to understand the home’s full utility and value.
3. Is the property in a high-growth or established area?
Bridgwater Trails is a developed community. The home is seven years old, and most nearby properties are of a similar vintage, indicating an established streetscape rather than ongoing construction.
4. How does the lot size impact the property?
The land area is 2,835 sqft. While this is a typical urban lot, it ranks better than only 24% on its own street, meaning many neighbours have larger lots. This is a consideration for outdoor space and privacy.
5. Why did it sell for $36,300 in 2019?
This was almost certainly a new build sale from the builder to the first owner, representing the initial purchase price of the home and land before construction was completed.