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111 Brookfield Crescent

BasementYes, renovatedPoolNoGarageDetachedBuilding TypeOne Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
4,487 sqft
Top 54%70/129
Top 86%1029/1191
Top 66%129007/194458

111 Brookfield Crescent: For Land Area. On Brookfield Crescent, around averageTop 54%, rank 70 of 129, and comparable homes in that group average about 5,112 sqft. in Bridgwater Lakes, below averageTop 86%, rank 1029 of 1191, and comparable homes in that group average about 6,514 sqft. citywide, around averageTop 66%, rank 129007 of 194458, and comparable homes in that group average about 6,570 sqft.

Year Built
2014 12 years ago
Top 16%20/129
Top 45%539/1191
Top 8%15471/194458

111 Brookfield Crescent: For Year Built. On Brookfield Crescent, above averageTop 16%, rank 20 of 129, and comparable homes in that group average about 2014. in Bridgwater Lakes, around averageTop 45%, rank 539 of 1191, and comparable homes in that group average about 2015. citywide, above averageTop 8%, rank 15471 of 194458, and comparable homes in that group average about 1966.

Living Area
1,115 sqft
Top 95%123/129
Top 99%1178/1191
Top 59%114810/194458

111 Brookfield Crescent: For Living Area. On Brookfield Crescent, below averageTop 95%, rank 123 of 129, and comparable homes in that group average about 1,710 sqft. in Bridgwater Lakes, below averageTop 99%, rank 1178 of 1191, and comparable homes in that group average about 2,018 sqft. citywide, around averageTop 59%, rank 114810 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
50.70k
Top 81%104/129
Top 91%1087/1191
Top 19%36270/194458

111 Brookfield Crescent: For Assessed Value. On Brookfield Crescent, below averageTop 81%, rank 104 of 129, and comparable homes in that group average about 54.90k. in Bridgwater Lakes, below averageTop 91%, rank 1087 of 1191, and comparable homes in that group average about 68.80k. citywide, above averageTop 19%, rank 36270 of 194458, and comparable homes in that group average about 390k.

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Sales History

Sold 1/2022490k
MetricSame streetSame areaCity-wide
Sale price
490k
Top 92%119/129

Below average

same street Top 92%

Top 96%1141/1191

Below average

neighbourhood Top 96%

Top 21%41640/194458

Above average

Winnipeg Top 21%

Highlights & common questions: 111 Brookfield Crescent, Winnipeg

Property Overview: 111 Brookfield Crescent

Key Characteristics & Appeal

This well-maintained, one-storey home in Bridgwater Lakes offers a practical and modern living proposition. Built in 2014, it is notably newer than most Winnipeg homes, ranking in the top 9% for its age citywide. The property sits on a generous 4,487 sqft lot, providing ample outdoor space that is larger than many on its street. Key features include a renovated basement and a detached garage. Its appeal lies in this combination of a newer build, a sizable lot, and recent updates within a modern Winnipeg neighbourhood.

The home’s living area is compact at 1,115 sqft, which suggests an efficient, low-maintenance layout ideal for first-time homebuyers, downsizers, or investors. The significant gap between its last sold price and its current assessed value will likely attract buyers looking for potential value. This property suits someone prioritizing a modern community, outdoor space, and a move-in-ready condition without the upkeep of an older house. A thoughtful perspective is that while the interior space is modest, the large lot offers room for future expansion or landscaping projects, providing a balance of present convenience and future potential.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specific details on the finish, rooms, or permits should be verified with the seller or a viewing.

2. How does the assessed value compare to the expected listing price?
The current assessed value is significantly lower than the home's last sold price in 2022. This is a common metric buyers examine, but the final market price is determined by current conditions, recent upgrades, and buyer demand.

3. Is the neighbourhood established?
Bridgwater Lakes is a newer community. The home's 2014 build date means it is among the earlier houses in the area, so infrastructure and landscaping are more settled than in brand-new subdivisions.

4. What are the property taxes?
Taxes are calculated based on the assessed value and the city's mill rate. With an assessed value of $50,700, the annual taxes would be approximately $2,680, but this should be confirmed with an official calculation.

5. Why is the living area ranked lower than other metrics?
The home's living space is smaller relative to many others in the neighbourhood and on the street. This indicates the property’s value is more weighted toward its lot size, newer construction, and updates rather than its interior square footage.

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