Property Overview: 318 Park West Drive

Key Characteristics & Appeal

This is a modern, two-storey home in Bridgwater Centre, built in 2018. Its primary appeal lies in its combination of newer construction and above-average space. With 1,882 sqft of living area, it offers more room than the vast majority of homes on its street and in Winnipeg overall. The property sits on a generous 3,412 sqft lot and includes an attached garage.

The home suits buyers looking for a move-in ready property from the last decade that requires minimal immediate upkeep. It’s particularly well-matched for young families or professionals seeking space in a newer community. The data suggests a strong standing within its immediate area—ranking in the top tiers for lot size, living area, and newness compared to neighbours. A thoughtful perspective is that while the basement exists, it is not renovated, presenting a clear opportunity for future customization and value addition to suit a buyer's specific needs. The recent sale in late 2023 also provides a very current and transparent benchmark for market value.

Frequently Asked Questions

1. Is this a brand-new home?
No, it was built in 2018, so it’s a relatively new home but not a new build. It should still offer modern efficiencies and minimal wear-and-tear.

2. What does "basement, not renovated" mean?
It confirms the home has a basement, but it is in an unfinished or basic state. This is common and allows the new owner to finish it to their own taste and requirements.

3. How does this home compare to others in the area?
The data indicates it ranks very highly on Park West Drive for living space and newness. Its lot size and assessed value are also above average for the immediate street and Bridgwater Centre neighbourhood.

4. Why is the assessed value different from the last sale price?
The assessed value ($48.30k) is for municipal tax purposes. The home sold for $50.50k in December 2023. The sale price is the actual market value from that transaction and is the more relevant figure for current valuation.

5. Is the property in a well-established area?
Bridgwater Centre is a newer community in Winnipeg. The home's 2018 build date makes it newer than 95% of homes in the city, so the area is still developing its mature character and landscaping.