Property Overview & Key Characteristics
This 2021-built, single-storey home in Bridgwater Trails offers modern living with a renovated basement on a spacious 5,333 sqft lot. Its primary appeal lies in its balance of new construction benefits—like contemporary building standards and minimal immediate maintenance—with the established feel of a maturing neighbourhood. The home sits on a lot larger than most on its street, providing above-average outdoor space for the area.
A key, less obvious strength is its financial trajectory. The property has significantly appreciated since its 2021 purchase, and its current assessed value ranks highly within Winnipeg, suggesting solid municipal valuation. However, its living space is more compact than many area homes, indicating a focus on efficient layout over sheer size. This property would suit first-time buyers or downsizers seeking a modern, low-maintenance home with a good yard, and value-focused buyers who appreciate the data showing strong appreciation in a newer community.
Frequently Asked Questions
1. How does the lot size compare meaningfully?
While the lot is larger than 63% of those in the immediate neighbourhood, it's actually smaller than most on its specific street. This means you get more yard space than the typical Bridgwater Trails home, but may not have the largest property on the block.
2. What does the sale history indicate?
The home sold for $680k in early 2025, well above its 2021 purchase price and the current $620k assessed value. This suggests a strong market sale, but also that property taxes are likely based on the lower assessed value, which is a positive for ongoing costs.
3. Is the living area a concern?
At 1,569 sqft, the living space is notably smaller than many nearby comparables. This points to an efficient floor plan. Buyers should consider if the renovated basement and larger lot adequately compensate for the above-grade square footage.
4. Who are the typical neighbours?
The surrounding properties are nearly all built around 2021-2022, indicating a uniform, newer streetscape. This creates a consistent community aesthetic but may mean fewer mature trees and landscaping.
5. How does value rank against similar assessments?
Homes with the same $620k assessment are found in various established neighbourhoods across Winnipeg. This positions the home as a newer, suburban option at a price point competitive with older, possibly renovated homes in central locations.