Property Overview: 8 Glen Ivy Court, Bridgwater Trails
Key Characteristics & Appeal
This well-situated two-storey home in the popular Bridgwater Trails neighbourhood offers modern living with established community roots. Built in 2016, it presents a balanced package of space, location, and value. The home features 1,980 sqft of living area, an attached garage, and a full (though unrenovated) basement on a large 5,908 sqft lot.
Its primary appeal lies in its strong positional metrics within a desirable newer suburb. The data indicates it ranks highly against its immediate peers—often in the top 25-35% on its street and in Winnipeg for size, assessed value, and recent sale price. This suggests a property that has been a solid performer in its market segment. The significant appreciation from its 2016 purchase price to its 2021 sale price further underscores this trend.
This home would suit practical buyers looking for a move-in ready, low-maintenance property in a family-oriented community. It’s ideal for those who value space and a established yard without the upkeep of an older home. It also appeals to data-driven buyers who appreciate the clear, above-average rankings in key categories, indicating a sound investment in a stable neighbourhood.
Frequently Asked Questions
1. How does the property’s value compare to the neighbourhood?
The home’s assessed value of $555,000 ranks better than 57% of properties in Bridgwater Trails, placing it in the top half. Its last sold price in 2021 ($620,000) ranked even higher, better than 74% of neighbourhood sales, suggesting it may hold its value well relative to the area.
2. What does the "unrenovated basement" mean?
The basement is finished but has not been updated since the home was built in 2016. It offers functional space ready for use, but presents a blank canvas for future customization if desired.
3. Is the lot size typical for the area?
At 5,908 sqft, the lot is larger than 71% of those on Glen Ivy Court, offering more outdoor space than many of its direct neighbours—a notable advantage in a newer subdivision.
4. How does the living space compare to similar homes?
With 1,980 sqft, the home offers more living area than 90% of properties in Winnipeg and 67% in Bridgwater Trails. It provides above-average interior space for a 2016-built home in this market.
5. What is the historical price trend for this home?
The home sold for $418,000 when new in 2016 and then for $620,000 in 2021. This represents significant appreciation over five years, reflecting both market growth and the establishment of the Bridgwater Trails community.