Property Overview: 753 Bridge Lake Drive
Section 1: Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern property, built in 2021, offering a move-in-ready foundation with room for personalization. Its key appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a well-established, family-oriented neighbourhood.
The home features 1,502 sqft of living space, an attached garage, and a full, unfinished basement that presents a clear opportunity for future expansion or customization to suit a buyer's needs. The lot is a comfortable size, typical for the area.
This property is ideally suited for first-time homebuyers or young families seeking a modern home in a community known for its trails and amenities. It also appeals to practical investors or buyers who prefer a newer build but want to avoid the premium of a brand-new home, seeing value in adding renovations over time. The data suggests that while the home's size is average for its immediate street, its newness is a significant standout, ranking it among the newest properties in the wider Winnipeg area.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
Bridgwater Trails is a master-planned community in Winnipeg known for its extensive pathway network, parks, and family-friendly atmosphere. The property is centrally located within the development, close to local schools, shopping plazas, and green spaces.
2. Is the basement finished?
No, the basement is unfinished. This is a key feature for buyers looking for extra storage or who wish to customize additional living space—like a rec room, home office, or extra bedroom—to their own specifications and budget.
3. How does this home compare to others nearby?
The home is newer than approximately 90% of properties in the broader neighbourhood and 98% in Winnipeg, which is its most competitive statistical advantage. Its living area and lot size are generally in line with or slightly above average for the immediate area.
4. What are the typical property taxes?
While exact taxes depend on the final sale price, you can estimate using the provided assessed value of $47,500 and the City of Winnipeg's current mill rate. Your real estate agent or a tax calculator can provide a precise estimate.
5. Why did the assessed value increase from the last sale price?
The home sold for $38,800 in March 2021, likely during its initial construction phase. The current assessed value of $47,500 reflects the provincial assessment of its market value as a completed home in the current market, considering factors like its age, location, and comparable sales.