Property Overview: 108 Park West Drive

Key Characteristics & Appeal

This two-storey home in Bridgwater Centre is a modern, low-maintenance property built in 2017. Its primary appeal lies in its balance of space, contemporary build, and established position within a sought-after neighbourhood. With 1,810 sqft of living space and a renovated basement, it offers functional room for a growing household or those who value dedicated space for work or leisure.

The home’s standout feature is its relative stature within its immediate context. It ranks in the top tier for lot size, living area, and year built not just on its street, but across much of Winnipeg. This suggests a premium property within its micro-market, offering more space and newer construction than many comparable homes. The consistent assessed value and recent sale price just above assessment indicate stable, recognized value.

It would suit buyers looking for a move-in ready, modern home in a planned community who want to avoid the uncertainties of brand-new construction. It’s particularly suited for those who appreciate data-driven value—seeing the tangible metrics of how the property compares favourably in size and age to its peers. The renovated basement adds immediate utility, appealing to buyers who want extra space without a project.

Frequently Asked Questions

1. What does the ranking data (e.g., "Top 15% in Winnipeg") actually mean?
This means the property scores highly against specific criteria compared to all Winnipeg homes in the database. For example, its living area is larger than 85% of Winnipeg homes listed, indicating it offers more space than the vast majority of the market.

2. The home sold recently in late 2024. Why is it back on the market?
While the specific reason isn't provided here, a quick resale can be due to many neutral factors like a change in job location, family circumstances, or a shift in housing needs. It does not inherently reflect on the property itself.

3. How significant is the difference between the Assessed Value and the last Sale Price?
The sale price of $513,000 is very close to the assessed value of $509,000. This minor difference suggests the municipal assessment is current and accurate, and the sale occurred at a price the market and authorities deem fair, which is a positive indicator of stability.

4. The lot is larger than average, but is there a backyard?
With a lot area of over 3,200 sqft in a newer community like Bridgwater Centre, a usable backyard is very likely. The specific layout and landscaping would need confirmation via a viewing or listing photos.

5. What are the implications of the home being built in 2017?
A 9-year-old home is past the initial "shakedown" period where minor construction flaws might appear, yet it remains modern in layout and systems. Major components like the roof, windows, and appliances are likely still within their functional lifespan but may be nearing the point where future replacement planning is wise.