Property Overview

This renovated one-storey home in Bridgwater Lakes offers a practical and modern living solution. Built in 2013, its key characteristic is a move-in ready condition with a renovated basement, providing immediate livability. The detached garage and a generous 4,385 sqft lot offer valuable space and flexibility in a newer community. Its appeal lies in being a well-maintained, single-level home—a growing preference for those seeking accessibility and easy maintenance. The property’s assessed value ranks highly city-wide, suggesting a solid municipal valuation foundation relative to its last sale price.

This home would suit first-time buyers looking for a modern, low-maintenance property without renovation headaches, or downsizers seeking a single-storey layout in a newer neighbourhood. A less obvious perspective is its potential for a small household needing a home office or separate living space, already accommodated by the finished basement. While the lot size is generous for the area, the living space is efficient, appealing to those who prioritize outdoor room over expansive interior square footage.

Frequently Asked Questions

What does the neighbourhood ranking actually mean?
The rankings compare this property to others on its street, in Bridgwater Lakes, and across Winnipeg. For example, being in the top 10% of Winnipeg for year built means it's newer than 90% of homes in the city, a sign of modern construction. Conversely, a lower ranking in living area size within its immediate neighbourhood simply confirms there are larger homes nearby, which is typical for a one-storey model among two-storeys.

Is the 2020 sale price relevant today?
The sale price from September 2020 is a historical data point, primarily useful for understanding the owner's purchase basis. Market conditions have shifted since then. The current assessed value provides a more recent, though not market-based, valuation from the city for tax purposes.

How does the detached garage impact the property?
A detached garage offers flexibility—it can be used as a workshop or studio without affecting the main house's air quality or noise levels. It also provides clear potential for future expansion, like creating a suite above it (subject to zoning), which an attached garage often cannot.

What are the implications of the renovated basement?
A professionally renovated basement adds immediate functional living space without the need for investment or hassle. It’s important to verify the quality of the renovation, ensure proper permits were obtained, and check for any moisture issues, as basements in this region require careful finishing.

Who might the property not suit?
Given its single-storey design and efficient living area, it may not suit a large family requiring multiple bedrooms or separate living zones on different floors. Buyers looking for a premier lot on the street should note the ranking suggests the lot is more standard for the area, not among the largest or most private.