Property Overview

This two-storey home in Bridgwater Lakes is a well-established property in a sought-after neighbourhood. Built in 2012, it sits on a large, premium lot that ranks in the top 4% of its street for size. The home features nearly 2,000 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its combination of a mature, spacious setting within a modern community, offering both room to breathe and the amenities of a newer development. It would particularly suit growing families seeking a stable, family-oriented neighbourhood, or buyers who prioritize lot size and outdoor space over having the absolute newest build. A thoughtful perspective is that while the house itself is a decade old, its above-average lot size is a permanent asset that newer infill properties in the area often cannot match.

Key Details & FAQs

Key Characteristics & Appeal
The home’s standout feature is its generous 8,259 sqft lot, which is significantly larger than most in the immediate area, providing ample backyard space. The living area is comfortably sized and ranks highly city-wide. Having a renovated basement adds immediate functional space. While the structure is now 14 years old, its assessed value remains strong, ranking in the top 6% in Winnipeg, indicating solid long-term investment potential. The property suits buyers looking for a settled home in a prime location where the land itself is a major component of the value, offering a balance between modern community amenities and established greenery.

Frequently Asked Questions

1. How does the age of the home (built 2012) factor into its value?
While not a brand-new build, a 2012 construction means major components are likely still in good condition, yet the home has had time for landscaping and neighbourhood amenities to mature. The data shows its assessed value remains in the top tier for the city, suggesting the age has not diminished its market standing.

2. The last sale was in 2017 for $530k. What does that tell us?
This indicates a period of stable, long-term ownership, which can be a positive sign of a well-maintained property and a settled street. It also means the current assessed value ($61.10k for tax purposes) is not directly comparable to that sale price, as assessments are not market valuations.

3. Who would this property not be ideal for?
It may not suit buyers seeking a brand-new, turn-key modern build with the latest finishes, or those who prefer a low-maintenance, small-lot lifestyle. The size of the lot implies more yard upkeep.

4. The lot size ranks extremely high, but the home's size rank on the street is lower. What does this mean?
This highlights the property’s specific advantage: it offers more outdoor space and privacy relative to its neighbours. The house itself is of average size for the street, but the land parcel is premium.

5. What is the significance of the neighbourhood ranking data?
The data shows the property ranks highly within Bridgwater Lakes and Winnipeg overall for lot size, value, and living area, confirming it is an above-average property within an already desirable community. This can provide confidence in its long-term desirability and resale potential.