Property Overview

This two-storey home in Bridgwater Centre, built in 2015, presents a practical and well-located option. With 1,537 sqft of living space on a 3,106 sqft lot, it features a detached garage and an unfinished basement. The property’s data shows it sits in a solid middle range within its immediate area for size and age, while ranking notably high for its newer construction year across wider Winnipeg comparisons. Its last sale was in January 2023 for $430,000, with a current assessed value of $416,000.

Key Features & Ideal Buyer

The primary appeal of this home lies in its balance and potential. As an 11-year-old build in a planned community like Bridgwater Centre, it offers modern construction standards without the premium of a brand-new home. The unfinished basement is a key characteristic, representing both a cost-saving on the purchase price and a blank canvas for future customization to suit an owner's specific needs.

Its rankings suggest it’s not the largest or most expensive home on the street, which can be an advantage for buyers seeking a sense of community without feeling "over-housed" or paying for excessive square footage. The detached garage provides flexible space, and the lot size is generous for the neighbourhood.

This property would suit a first-time buyer or young family looking for a move-in-ready home in a newer suburb, who also values the opportunity to add equity through a basement renovation on their own timeline. It’s equally suitable for a pragmatic buyer who prefers a home that is competitive in its broader market (ranking highly across Winnipeg for age) while being comfortably average on its own street, potentially offering a more stable and predictable value proposition.

Frequently Asked Questions

1. What does the neighbourhood ranking actually mean?
The rankings compare this property against others on the same street, in Bridgwater Centre, and across all of Winnipeg for metrics like living area and year built. For example, ranking "Top 14% in Winnipeg" for year built means it is newer than 86% of properties in the city, a significant positive. The street-level rankings are more mixed, indicating a typical home for the area.

2. Is the unfinished basement a major drawback?
Not necessarily. For many buyers, it's a benefit. It means you aren’t paying a premium for someone else’s finished layout and can design the space to your exact requirements, whether for a rec room, home office, or additional bedroom. It does, however, require planning and budget for future development.

3. The last sale was in early 2023. What does that indicate?
The sale over a year ago provides a recent market price benchmark. The close alignment between that sale price ($430k) and the current assessed value ($416k) suggests a stable value history in the period since, which is reassuring for market consistency.

4. How does a detached garage compare to an attached one?
A detached garage offers separation, which can mean less noise and fumes entering the home. It also presents potential for creative use of the space between the garage and house. The trade-off is the inconvenience of going outside in Winnipeg winters to access your vehicle.

5. Are the "similar assessed value" properties good comparables?
They are useful for tax assessment comparison but not perfect for market value. These listed properties are in different neighbourhoods (like Vialoux or Elmhurst), highlighting that while assessed values may be similar, location, community amenities, and home condition will create real differences in market price. Always view direct neighbourhood sales for the best comparison.