Property Overview
This two-storey home at 74 Arbourwood Court in Winnipeg's Bridgwater Trails neighbourhood presents a modern, low-maintenance living option. Built in 2020, it’s a relatively new property with an updated, finished basement and an attached garage. Its key appeal lies in its balance of contemporary construction and established community. While the living space (1,502 sq ft) is efficient, the lot size (2,835 sq ft) is generous for the area, offering good outdoor potential. The home’s assessed value has seen a notable increase since its 2020 sale, indicating solid market performance.
This property would suit first-time buyers or young families seeking a modern home in a planned community without waiting for new construction. It’s also a practical fit for professionals who value a renovated, move-in-ready space with less immediate upkeep than an older home. A thoughtful perspective is that while the home ranks highly for its newness on its street, its size is more average within the wider neighbourhood, suggesting it’s positioned well for those prioritizing modern amenities over maximum square footage.
Frequently Asked Questions
Is this a brand-new build?
No, the home was built in 2020, so it’s approximately six years old. This means it retains modern building standards and efficiencies while likely having established landscaping and any initial construction issues resolved.
How does the lot size compare to others nearby?
At 2,835 sq ft, the land area is above average for Arbourwood Court, ranking better than 76% of lots on the street. This is a relative strength for outdoor space in this community.
What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details of the renovation. A viewing or inquiry with the listing agent would be necessary to determine the layout, materials, and permitted status of the work.
The assessed value has increased significantly since 2020. What does that mean?
The assessed value rose from $367k in 2020 to $453k. This generally reflects market appreciation and improvements, but it's important to note that municipal assessed value is for tax purposes and may differ from current market value or a future sale price.
How does this home rank within the broader Bridgwater Trails area?
The data shows a mix. It ranks very well for its newness (top 21% in the neighbourhood) and lot size, but its living area is more common (top 80%, meaning 80% of homes are larger). This highlights a trade-off between a newer structure and interior space.