Property Overview: 111 Del Monica Road, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2017, sits on a generous 5,344 sqft lot in the modern Bridgwater Trails community. Its key appeal lies in a balance of space, relative newness, and established community setting. With 1,532 sqft of living area and an attached garage, it offers a practical layout for everyday living.

The home’s strength is its position within a newer, well-regarded neighbourhood. While the interior living space is modest relative to some nearby homes, the property benefits from a larger-than-average lot, providing valuable outdoor space for gardening, play, or future expansion. The house is notably newer than most in Winnipeg, ranking in the top 6% by age citywide, which suggests modern building standards and less immediate need for major updates. The existing, unfinished basement presents a clear opportunity for customization and added value according to a future owner’s needs and budget.

This property would suit first-time buyers or young families looking for a move-in-ready home in a planned community without the premium of a brand-new build. It’s also a sensible choice for value-conscious buyers who prioritize a large lot and the potential to add sweat equity through a basement development over having maximum finished square footage from the start.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks above average for lot size and year built on Del Monica Road, meaning you get a newer home on a larger parcel than many neighbours. However, the living area is currently more compact than many nearby homes.

2. What does the "unfinished basement" condition mean?
The basement is structurally complete (with foundation, walls, and ceiling) but requires development—framing, insulation, electrical, drywall, and flooring—to become livable space. This is a significant project but allows for full customization.

3. The assessed value is $49.80k, but it sold for $43.50k in 2020. Why the difference?
Municipal assessed value for taxation purposes and actual market sale price are determined differently. The 2020 sale price reflects the market at that specific time, while the assessment is an estimate of value for tax calculations, often based on broader area trends.

4. Is the lot size a significant advantage?
Yes. At over 5,300 sqft, the lot is a standout feature, offering more private outdoor space than many properties in newer subdivisions. This allows for larger decks, gardens, or play areas, and is a asset that cannot be easily added to an existing property.

5. The home ranks in the top third for year built in the neighbourhood but only the top quarter for living area. What does this indicate?
This suggests you are purchasing a relatively modern structure in a desirable area, but the floor plan may be more efficient or compact than some larger, similarly aged homes nearby. It highlights a trade-off between the benefits of a newer build and the amount of currently finished living space.