Property Overview
This two-storey home in Bridgwater Trails, built in 2020, offers modern living with a renovated basement. Its appeal lies in being a relatively new build in a popular suburban community, requiring less immediate upkeep than an older home. The attached garage and good-sized lot are practical features for Winnipeg living.
The property suits first-time buyers or young families looking for a move-in-ready home in a newer neighbourhood. It also appeals to value-conscious buyers who prioritize a modern foundation and the potential to personalize over having the largest square footage on the block. A thoughtful perspective is that while the living area is modest for the neighbourhood, the home’s newer age and renovated basement offer a balanced package, potentially representing a smart entry point into a well-regarded area.
Key Details & FAQs
Key Characteristics:
- Type & Age: A two-storey home built in 2020, featuring an attached garage and a renovated basement.
- Space: A 1,712 sqft living area on a 3,012 sqft lot, positioning it as a comfortable, mid-sized home within Bridgwater Trails.
- Value Context: The current assessed value is notably higher than its 2020 sale price, reflecting area growth. Its lot and living space rank in the middle ranges for its immediate street and neighbourhood, but its newer age is a standout feature, ranking in the top 10% locally.
Who It's For:
The home’s primary appeal is its modern construction and updated basement, minimizing renovation needs. It’s ideal for buyers seeking a turnkey property in a master-planned community. It would suit a young professional couple or a small family who values a newer home’s efficiency and warranties, and who may prioritize spending on personalization over major repairs.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,712 sqft, the living area is slightly above average for Winnipeg but ranks near the median (52nd percentile) for its specific street in Bridgwater Trails. This suggests it’s a comfortably sized home for the area, though not the largest.
2. What does the "renovated basement" likely include?
While specifics aren’t listed, a renovated basement in a 2020 home typically means it has been finished into a livable space, which could include additional bedrooms, a family room, or a recreational area, adding valuable functional space.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($508,000) is for municipal tax purposes and is a snapshot from a prior date. It can be a general benchmark, but market conditions, recent upgrades, and buyer demand will ultimately determine the final sale price.
4. The home sold for much less in 2020. Does that mean it's a good deal?
The increase from its 2020 sale price largely reflects broader market appreciation and the development of the Bridgwater community over the past four years. It indicates growth, but the current asking price should be evaluated against recent sales of similar, nearby homes.
5. What are the pros and cons of a 2020-built home?
The major pros are modern building codes, newer appliances, systems under potential warranty, and less immediate maintenance. A possible con is that the landscaping and neighbourhood trees are still maturing, offering less established privacy and greenery compared to older areas.