Property Overview
This two-storey home at 80 Landover Drive in Bridgwater Trails presents a compelling blend of modern living and established value. Built in 2019, it offers a move-in-ready condition with a renovated basement and an attached garage. The property stands out on its street, ranking in the top 14% for living space and the top 7% for assessed value, indicating it is a larger and more valuable home within its immediate area. Its appeal lies in this above-average positioning for a relatively young home, coupled with the finished basement that adds functional space. The price history shows steady appreciation since its first sale.
This home would suit buyers looking for a modern, low-maintenance property in a newer community who want the benefits of a recent build without waiting for construction. It’s particularly suited for those who value extra finished living space and appreciate a home that compares favorably in size and value to its neighbors.
Key Questions for Consideration
1. How does the property’s value compare to the broader market?
While it ranks highly on its own street, its assessed value places it around the middle (top 50%) within the larger Bridgwater Trails neighbourhood. This suggests it’s a strong home on a good street, but buyers should research if the asking price aligns with the wider area or if it commands a premium for its specific lot and upgrades.
2. What does the sale history indicate?
The home has sold three times since 2019. The significant jump in price between the 2020 and 2022 sales aligns with the peak market period. The current assessed value of $530k is notably higher than the 2022 sale price, so understanding the municipal assessment basis and how it compares to the seller’s asking price is crucial.
3. Is the living space typical for the area?
With 1,676 sqft, the home is larger than 86% of homes on its street, offering more interior space than most direct neighbors. However, within the entire Bridgwater Trails neighbourhood, it’s close to the median (top 53%), meaning it’s a comfortably sized but not exceptionally large home for the community.
4. What are the implications of the "renovated basement"?
This is a key feature adding liveable square footage. It’s important to clarify the scope, quality, and permits for this renovation, as it significantly enhances the home’s functionality compared to an unfinished basement.
5. How does the land size affect the property?
The land area of 2,682 sqft is ranked as larger than only 40% of lots on the street. This suggests the yard may be more compact than some others on Landover Drive, a point to consider for those prioritizing extensive outdoor space.