Property Overview & Key Characteristics
This two-storey home in Bridgwater Trails is a modern property, built in 2020, offering a low-maintenance start for its next owners. Its key appeal lies in its newness within a well-regarded master-planned community, featuring an attached garage and a full (though unfinished) basement that provides a blank canvas for future expansion. The lot size is generous for the area, ranking better than most on its street.
The home would suit first-time buyers or young families looking for a contemporary, move-in-ready house in a sought-after neighbourhood without the need for immediate renovations. It also presents a practical option for investors or downsizers who value modern construction standards and community amenities, but may not require a large living space, as the interior square footage is on the more compact side. A thoughtful perspective is that while the assessed value is currently modest, the property’s recent build date in a popular area suggests a strong foundation for future value growth as the community matures.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is included but is not renovated. It presents a full, unfinished space that allows the new owner to customize it to their needs, whether for storage, a recreation room, or additional bedrooms.
2. How does this home compare to others in Bridgwater Trails?
The data shows a mix. Its 2020 build date is newer than most homes in Winnipeg and on its street, which is a significant advantage. However, its living area is more compact compared to many neighbours, and its last sold price in 2022 ranked in the middle tier for the immediate area.
3. What does the lot size mean for me?
At just under 3,000 sq ft, the land area is a positive feature, ranking better than many lots on the same street. This typically allows for more private outdoor space, better potential for landscaping, and greater distance from neighbouring homes compared to more densely packed properties.
4. Why is the assessed value notably lower than the last sale price?
Municipal assessed value for taxation purposes often lags behind market sale prices and is calculated using a different methodology. The 2022 sale price of $470k is a more current indicator of the home’s market value at that time.
5. Are there any obvious red flags from the sales history?
The data shows a significant price increase between the 2020 sale (likely a new build purchase) and the 2022 sale, which aligns with market trends of the period. There is no indication of frequent turnover or price drops that would suggest underlying issues.