Property Overview
This modern two-storey home at 39 Broadridge Bay is a 2023 build, offering a move-in-ready experience in Winnipeg's South Pointe West neighbourhood. Its key appeal lies in being a nearly new property that combines modern construction with an already-renovated basement, providing immediate extra living space. With an attached garage and a lot size that ranks in the top third for its street, it offers a balanced package of new-home amenities and established utility.
The home is particularly well-suited for first-time buyers or young families seeking a contemporary layout without the wait of a new build, and for practical buyers who value a finished basement from the outset. A thoughtful perspective is its position relative to the neighbourhood: while the living area is modest for the area, the property is newer than 87% of nearby homes, suggesting a trade-off of interior space for modern systems and less immediate maintenance. Its recent sale price sits comfortably above the current assessed value, indicating a purchase in a different market climate, which savvy buyers may see as a point for discussion.
Frequently Asked Questions
1. How does the living space compare to other homes nearby?
At 1,507 sqft, the living area is somewhat smaller than many homes in South Pointe West, ranking in the top 74% for the neighbourhood (meaning 74% of homes are larger). This positions it as a more efficient, potentially more affordable option within this desirable area.
2. What does the "renovated basement" entail?
The listing confirms the basement is finished but does not specify the details of the renovation. Buyers should inquire about the quality of finishes, the presence of permits, and whether it includes a bedroom, bathroom, or legal secondary suite.
3. The home sold for $58.5k more than its current assessed value in 2023. Why?
This typically reflects the different market conditions at the time of the last sale. Assessments for tax purposes don't always equal market value. This discrepancy provides a relevant data point for price negotiation, based on current market trends.
4. Is the property a good investment relative to the street and area?
The data suggests a mixed picture. Its lot size and newer age are strong points for the location. However, its living area and assessed value are around the median for the immediate street, meaning it doesn't particularly stand out or lag in those metrics compared to its closest neighbours.
5. What are the comparable homes nearby?
The listing suggests several homes for reference and viewing, such as 3 Crystal Lake Terrace (larger, similar age) and 109 Northwater Bay (similar size, newer). These indicate a neighbourhood with many recent builds, allowing for direct comparison of value based on size, age, and price.