805 Bridge Lake Drive

Property Overview

805 Bridge Lake Drive is a modern two-storey home in the popular Bridgwater Trails neighbourhood. Built in 2019, it offers a low-maintenance, move-in-ready appeal with key features including a renovated basement and an attached garage. The home sits on a 2,825 sqft lot and has 1,571 sqft of living space.

Key Characteristics & Appeal

This property’s primary appeal lies in its balance of contemporary build quality and established community living. As a 2019 build, it is newer than approximately 96% of homes in Winnipeg, meaning major components like roofing, siding, and mechanical systems are still within their prime, offering peace of mind and reduced near-term repair costs. The renovated basement adds immediate functional space without the need for a project.

Its position within Bridgwater Trails is a significant draw. The neighbourhood is known for its pathways, parks, and planned amenities, catering to an active, community-oriented lifestyle. The lot size is generous for the area, providing good outdoor space relative to many newer subdivisions.

This home would suit first-time buyers or young families looking for a modern, turnkey property in a sought-after master-planned community. It also appeals to downsizers or professionals seeking a newer, low-maintenance home without sacrificing yard space or community amenities. The data suggests it represents solid middle-market value in Winnipeg, priced accessibly for a relatively new build in this location.

Frequently Asked Questions

1. How does this home compare to others on the street?
The home ranks in the top 25% for its newer year of build on Bridge Lake Drive, but is in the larger half for lot size. This indicates it’s one of the more recent constructions on a street with slightly larger-than-average plots.

2. What is the neighbourhood like?
Bridgwater Trails is a modern, family-focused community within the larger Bridgwater development. It features extensive walking and biking trails, parks, and planned local amenities. The style is primarily newer two-storey and bungalow homes.

3. Are there any major costs or renovations anticipated?
Given its 2019 construction, major structural components should be in good condition. The basement is already renovated, and the home is newer than the vast majority of Winnipeg’s housing stock, suggesting a period of low capital expenditure for the next owner.

4. How does the assessed value relate to the sold price?
The last sold price in November 2024 was $50,800, which was very close to its $50,700 assessed value. This alignment indicates a market sale that was consistent with municipal assessment at that time.

5. What are the utility costs and property taxes like?
While specific figures aren’t listed here, as a 2019 build, the home likely has good energy efficiency. Property taxes can be estimated using the assessed value and the City of Winnipeg’s mill rate. For precise utility averages, requesting past bills from the seller is recommended.