Property Overview: 123 Bridgewood Drive, Grassie, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Grassie presents a practical and comfortable living proposition. Built in 2012, it offers modern construction benefits without being brand new, potentially avoiding the premium and uncertainties of a recent build. Its key appeal lies in its balance: a renovated basement adds valuable finished space to the 1,349 sqft layout, while the attached garage and above-average 7,324 sqft lot provide everyday convenience and room for outdoor activities or future expansion.
The home’s value is underscored by its strong standing in key metrics. Its assessed value ranks in the top third locally and top quarter within Grassie, suggesting it is viewed favorably relative to its peers. The lot size is a particular standout, ranking in the top 18% on its street and in the neighbourhood, offering more private outdoor space than many comparable properties.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout in a established yet relatively young neighbourhood. It’s also a sensible fit for value-conscious buyers who appreciate a home that has already seen key updates (like the basement renovation) and offers a larger-than-typical yard for its area, providing both immediate utility and long-term flexibility.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales in the area?
Based on available data, the home last sold in 2016. Its current assessed value places it above average for similar homes in Grassie and citywide, indicating a strong official valuation. For precise, recent sale prices of comparable properties, a current market evaluation is recommended.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or finish. This would be a key point to clarify during a viewing to understand the quality of the renovation and how the space is currently configured (e.g., recreational room, additional bedroom(s)).
3. Is the lot size a significant advantage here?
Yes. The land area of over 7,300 sqft is notably larger than many lots on the same street and in the broader Grassie area. This provides more privacy, gardening space, and potential for additions like a deck or shed than is typical for homes of this vintage and style.
4. How does the age of the home (built 2012) affect things?
A 2012 build offers modern building standards and likely newer major systems (like HVAC and roof), reducing the immediate need for costly replacements. It’s worth noting that on its specific street, it is slightly older than the average, which may reflect a more settled streetscape without being an outlier.
5. What are the property taxes likely to be?
The assessed value is $52,800. Property taxes can be estimated by applying the current municipal and education tax rates to this assessment figure. Your real estate agent or the City of Winnipeg’s tax calculator can provide a precise estimate.