Property Overview: 813 Bridge Lake Drive, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This is a modern, one-storey home built in 2019, situated on a decent-sized lot in the popular Bridgwater Trails neighbourhood. Its primary appeal lies in its contemporary age and efficient, single-level layout, which offers easy living without stairs. The home features an attached garage and an unfinished basement, presenting a clean slate for future expansion or storage.
The property’s standout characteristic is its relative newness; it’s newer than approximately 96% of homes in Winnipeg, meaning major components like the roof, furnace, and windows are likely in good condition with years of service ahead. However, the living space is compact at 1,168 sq ft, placing it on the smaller side compared to most homes in its immediate area and street. This creates a specific value proposition: you are purchasing modern construction and a low-maintenance lifestyle, but not necessarily ample square footage.
This home would suit first-time buyers or downsizers who prioritize a modern, move-in-ready build in a well-regarded community over sheer interior size. It’s also a practical option for investors or buyers comfortable with a smaller footprint who see potential in the unfinished basement to add future value and space.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is modest for Bridgwater Trails. You are paying for a newer home in a desirable master-planned community, but the price reflects the smaller-than-average living area for the neighbourhood.
2. What does the "unfinished basement" mean for me?
It means the basement is a blank canvas with rough-in plumbing likely in place. It adds significant potential value, allowing you to customize and finish the space to your needs, but requires a separate renovation budget and planning.
3. How does the lot size compare?
At 2,825 sq ft, the lot is fairly standard for the area. It’s not among the largest on the street, but it provides typical outdoor space for a newer community subdivision.
4. The home sold in 2022 for $49k. Why is the assessed value lower now?
The 2022 sale price and the current assessed value are not directly comparable. The sale price likely included significant fixtures and improvements (like appliances, flooring, etc.) that are part of a real estate transaction. Municipal assessed value is for land and building only, for taxation purposes, and often lags behind market trends.
5. What are the immediate next-door properties like?
The direct neighbours at 809 and 817 Bridge Lake Drive are just 7 meters away, which is typical for newer subdivisions. This indicates a close-knit street layout, so prospective buyers may want to consider the importance of privacy and neighbour proximity.