Property Overview

This two-storey home in Bridgwater Lakes offers a modern, low-maintenance lifestyle in a sought-after Winnipeg community. Built in 2013, it sits on a generous 5,719 sqft lot and features over 2,000 sqft of living space, an attached garage, and an unfinished basement. The appeal lies in its balance of space, contemporary build, and established neighbourhood setting. Its competitive rankings—often in the top third for lot and living area size on its street—suggest it's a well-proportioned home in its locale.

The property would suit young families or professionals seeking a turnkey home in a newer community without the premium of a brand-new build. It’s also a practical choice for those who value an unfinished basement as a blank canvas for future customization, avoiding the cost of undoing someone else’s renovations. A less obvious angle is its potential for buyers mindful of property assessment trends; with a current assessed value significantly higher than its 2017 sale price, it reflects the area's growth, though this also means corresponding property taxes.

Key Questions for Consideration

1. How does the 2017 sale price compare to today’s value?
The home sold for $477,800 in late 2017. Its current assessed value is $581,000, indicating substantial market appreciation in the intervening years. Any asking price should be evaluated against recent comparable sales, not just this historical figure.

2. What do the "ranking" percentages actually mean?
These metrics compare this property against specific groups (its street, neighbourhood, or city) for factors like lot size and year built. For example, ranking "better than 72% in same street" for land area means it's in the larger 28% of lots on Bellflower Road, a positive indicator of relative space and privacy.

3. Is the unfinished basement a drawback?
This depends on the buyer. It requires investment to finish but offers the advantage of creating exactly the space you need (e.g., a legal suite, home theatre, gym) without the hassle or expense of remodeling an existing layout.

4. How established is the neighbourhood?
Built in 2013, the home is now 13 years old, placing it in the newer 10% for Winnipeg overall. The landscaping and community amenities in Bridgwater Lakes are likely well-developed, offering a mature feel while the home itself remains modern.

5. What might the property taxes be?
With an assessed value of $581,000, property taxes will be a significant annual consideration. Prospective buyers should use the City of Winnipeg's tax calculator with this assessment to estimate the precise yearly cost.