15 Edge Park Crescent

Property Summary: 15 Edge Park Crescent

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering a move-in-ready experience in the popular Bridgwater Trails community. Its key characteristics include nearly 2,000 sqft of living space, an unspoiled basement awaiting your personal finish, and a double attached garage, all situated on a generous lot.

The primary appeal lies in its balance of new-build convenience and future potential. As a near-new property, major systems and finishes are under warranty and modern, providing immediate peace of mind. The unfinished basement presents a clear value-add opportunity for additional living space tailored to the next owner's needs. The home's competitive rankings are notable: it sits in the top tiers for its newness, assessed value, and recent sale price within its immediate area, suggesting it is perceived as a premium offering in the neighbourhood.

This property would suit buyers seeking a modern home without the wait of new construction, particularly those who value the ability to customize part of the space themselves. It’s ideal for a growing family or professional couple looking for a low-maintenance, contemporary home in a master-planned community, with the vision and budget to potentially finish the basement down the line.

Section 2: Frequently Asked Questions

1. What does the "unfinished basement" actually include?
Typically, it includes a concrete floor, framed exterior walls, and all necessary plumbing/electrical rough-ins. It's a blank canvas ready for insulation, drywall, flooring, and lighting to be completed to your specifications.

2. Why did it sell for significantly above its assessed value in 2024?
The assessed value is for municipal tax purposes and often lags behind the current market. The 2024 sale price reflects what a buyer was willing to pay in the competitive market at that time, likely influenced by the home's new condition, desirable location, and lot size.

3. How does this home rank so highly for "newness" in Winnipeg?
Being built in 2022 makes it newer than approximately 98% of all residential properties in Winnipeg, a city with a large stock of older homes. This is a key differentiator for buyers wanting modern building standards and materials.

4. Is the lot size typical for Bridgwater Trails?
At 4,668 sqft, the lot is above average for the neighbourhood, ranking in the top 42% on its street. This offers more outdoor space than many newer community lots, which is a valuable and less replaceable feature.

5. What are the implications of the community and city-wide rankings for price and value?
The rankings show this home consistently performs well against its peers. Its strength in categories like assessed value and sale price suggests it's in a desirable pocket of the community and is viewed as a solid investment within the wider Winnipeg market, not just its immediate area.