Property Overview: 806 Bridge Lake Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering a move-in-ready canvas in the popular Bridgwater Trails community. Its key appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—within a well-established neighbourhood. With 1,528 sqft of living space, an attached garage, and an unrenovated basement, it provides solid fundamentals for comfortable living and future personalization.
The home’s metrics reveal a nuanced position. It ranks highly for its newness (newer than 97% of Winnipeg) and recent sale price (higher than 76% of Winnipeg), suggesting a desirable, modern property in good condition. However, its lot size and assessed value rank lower relative to its immediate street and neighbourhood. This creates a specific value proposition: you are acquiring a newer structure on a more standard lot, which may appeal to those prioritizing the home itself over extensive outdoor space.
This property would suit first-time buyers or young families seeking a modern home without the wait of a new build, and who value the community amenities and finished feel of Bridgwater Trails. It’s also a fit for buyers who see potential in the blank slate of the basement and prefer to customize over time rather than pay a premium for already-finished renovations.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The land area is 2,991 sqft, which is more compact than many lots on the same street and in Bridgwater Trails overall. This typically means lower yard maintenance but less private outdoor space.
2. The assessed value seems low compared to the recent sale price. Why?
Municipal assessed value (currently $44.20k) for tax purposes often lags behind market value and is calculated using different criteria. The January 2024 sale at $460k is a more accurate reflection of current market value.
3. What does the "unrenovated basement" entail?
The basement is finished as per the original build in 2020 but has not been updated or customized since. It’s a functional space ready for your personal touch, not a raw, undeveloped area.
4. Is the recent sale history typical for this home?
The home sold new for $350k in June 2020 and then for $460k in January 2024. This represents a significant increase, largely tracking with market trends over that period, and indicates steady demand for newer homes in this community.
5. How does this home rank for "newness" in Winnipeg?
Built in 2020, it is newer than approximately 97% of all homes in Winnipeg, a major advantage for those seeking modern layouts, energy efficiency, and recent building codes.