Property Overview: 58 Appleford Gate, Bridgwater Lakes

Key Characteristics & Appeal

This 2014-built, two-storey home in the Bridgwater Lakes neighbourhood offers a modern foundation in a sought-after community. With 1,639 sqft of living space on a generous 4,254 sqft lot, it provides a balanced footprint for family living or comfortable downsizing. Its key appeal lies in its relative newness compared to much of Winnipeg's housing stock, ranking newer than 91% of homes city-wide. The property sits on a quiet street, ranking better than 62% of its immediate neighbours for lot size.

The home presents as a practical opportunity. The basement exists but is unrenovated, offering a blank canvas for future expansion or storage, while the absence of a garage may be offset by the ample lot space for potential addition or landscaping. It suits first-time buyers seeking a move-in-ready home in a modern community, or value-oriented buyers looking for a solid structure to which they can add personal touches over time. The 2022 sale price suggests a history of market interest, and its current assessed value positions it as a mid-range option within its immediate area, potentially offering more space for the price compared to newer builds.

Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings compare this home against others on its street, in Bridgwater Lakes, and across Winnipeg for metrics like lot size, age, and value. They show, for instance, that while the lot is larger than most on the street, the home's assessed value is higher than only 4% of the neighbourhood, which may indicate room for value growth or reflect its specific location within the community.

2. Is the lack of a garage a major drawback?
This depends on buyer priorities. The lot is sizable, providing potential for a future garage build. For those who primarily value interior living space and neighbourhood amenities over vehicle storage, or who might use a shed, this may be a acceptable trade-off for the home's other attributes.

3. What does "basement, not renovated" imply?
It means the lower level is unfinished. This is a double-edged feature: it requires investment to become living space, but it also offers significant potential for customization without the need to remodel an existing layout. It's a key factor for buyers weighing immediate convenience against long-term potential.

4. How does the 2022 sale price relate to today's value?
The home sold for $52,000 in September 2022. This is almost certainly not the full market price but likely reflects a title transfer, such as between family members or as part of an estate settlement. The current assessed value of $490k provides a more relevant, though not guaranteed, market benchmark.

5. Who might the nearby "similar assessed value" properties be for?
These homes in other neighbourhoods (like Elmhurst or Eric Coy) are assessed at the same value by the city. They are useful for buyers comparing what a similar municipal valuation can command in different areas, highlighting the premium often associated with newer communities like Bridgwater Lakes versus established ones.