Property Summary: 116 Landover Drive, Bridgwater Trails

Key Characteristics & Appeal

This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in the popular Bridgwater Trails community. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its contemporary build, which is newer than approximately 95% of homes in Winnipeg, meaning major components like roofing, windows, and systems are likely in good condition with years of service ahead.

The property suits first-time buyers or young families looking for a move-in-ready home without the immediate concerns of an older property. It also appeals to practical buyers who value data: the assessed value ranks higher than most on its street and in the city, suggesting solid municipal valuation. A thoughtful perspective is its positioning within the neighbourhood; while the home itself is modern and well-valued, the lot size and living area are more typical for the area, indicating it’s a smart, standard choice rather than a standout in terms of space. The appeal is for those who prioritize modern construction and efficiency over a larger footprint.

Frequently Asked Questions

1. How does this home compare to others on the street?
The home ranks highly for its assessed value and newer age on Landover Drive. However, its living space is more average for the street, so you are getting a well-regarded, modern property that may have slightly less interior space than some neighbours.

2. What does the neighbourhood ranking mean?
The data shows that while the home ranks well for its year built in Bridgwater Trails, its lot and living area are more common (ranking in the top 80% and 61%, respectively). This suggests you’re in a modern home within a community where many properties are similar in scale.

3. The last sale was in 2021. Is the current price justified?
The assessed value has risen significantly since the 2021 sale, and this valuation ranks in the top 18% city-wide. This indicates a substantial increase in official valuation over three years, which the listing price likely reflects.

4. Is the basement renovation reflected in the assessment?
The renovated basement is a key feature, but municipal assessments typically focus on broad characteristics like size, age, and location rather than specific finishes. The high assessed value likely incorporates the added livable space, but the full market value of the renovation may exceed the assessment.

5. Who would this property not suit?
Buyers seeking a large yard or above-average interior square footage for the neighbourhood might find it limiting. Similarly, those looking for a unique character home or a property that stands out significantly in its immediate area may prefer an older or more custom-built option.