728 Bridge Lake Drive

Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails offers modern living in a well-established newer neighbourhood. Built in 2018, its key appeal lies in its balance of contemporary build quality and immediate livability, featuring a renovated basement and a detached garage. The home sits on a generous 4,137 sqft lot, providing ample outdoor space that is larger than many in the immediate area.

Its value is underscored by strong city-wide rankings; it sits in the top 5% of Winnipeg for the newness of its construction and the top 15% for its assessed value. This suggests a property that has kept pace with or exceeded broader market appreciation. The recent sale in July 2024 provides clear, current market validation. The home would suit buyers looking for a move-in ready property in a popular planned community, particularly those who prioritize a newer build to minimize immediate maintenance, desire extra finished space, and value a larger lot for privacy or outdoor activities. It’s a practical choice for young families or professionals seeking a modern home without the wait of new construction.

Frequently Asked Questions

1. How does the lot size compare to others in Bridgwater Trails?
At 4,137 sqft, the lot is larger than 53% of properties on the same street, offering more yard space than many of its direct neighbours, which is a notable advantage in newer communities.

2. What does the "renovated basement" include?
The listing confirms the basement is finished, but specific details on the renovation scope, rooms, or permits should be verified with the listing agent or through a viewing.

3. The home sold recently in July 2024. Why is it back on the market?
The current listing follows a sale just months prior. While the reason for the quick turnaround isn't specified, it’s important to inquire about the circumstances, which could range from a simple change of plans to an investor flip.

4. How does the property's value hold up in the broader Winnipeg market?
The assessed value ranks in the top 15% city-wide, and its recent sale price was in the top 11%. This indicates the property is positioned in the upper tier of the market, which can be a positive for equity but may also influence property taxes.

5. What are the implications of the detached garage?
A detached garage offers flexibility for potential future expansion (like a workshop or studio) and can reduce noise transfer into the home. However, it may be less convenient during Winnipeg winters compared to an attached garage.