150 Edge Park Crescent

Property Overview: 150 Edge Park Crescent

Key Features & Ideal Buyer Profile

This 2020-built, two-storey home in Bridgwater Trails offers modern living with a practical layout. Its key characteristics include a spacious 1,642 sqft of living space, a fully unfinished basement offering significant potential for customization, and an attached garage. The lot is a generous 4,445 sqft, providing ample outdoor space for a newer community home.

The primary appeal lies in its balance of being a relatively new construction (just 6 years old) that avoids the premium of a brand-new build, while the unfinished basement presents a clear value-add opportunity for future expansion. Its rankings reveal nuanced strengths: it's newer than 97% of homes across Winnipeg, offering modern systems and minimal immediate maintenance, yet its assessed value sits higher than 83% of the city, indicating solid perceived worth. It would suit first-time buyers or young families seeking a move-in ready, low-maintenance home in a popular suburban area, particularly those with the vision and budget to eventually finish the basement to increase both living space and property value.

Frequently Asked Questions

1. What does the "unfinished basement" mean for me?
It means the basement is a blank canvas with rough-ins likely in place. It adds no immediate living space but offers significant potential to add bedrooms, a rec room, or a suite to suit your needs, which is a key factor in the home's value proposition.

2. The home sold for $412,000 in 2020 but is now assessed at $504,000. What does this indicate?
This shows strong market appreciation since purchase. The assessment suggests the city's valuation has kept pace with market growth, which is positive, but the final sale price will always be determined by current market conditions, not the assessment.

3. How do the provided rankings work?
They show how this property compares to others in its immediate street, Bridgwater Trails community, and all of Winnipeg. For example, being newer than 97% of Winnipeg homes is a major advantage, while its living space is more average for its specific community.

4. Is the lot size typical for Bridgwater Trails?
At 4,445 sqft, the lot is a good size. The ranking shows it's larger than 32% of lots on its street, suggesting it's not the largest but is certainly above the compact lots sometimes found in newer subdivisions.

5. What is the significance of the 2020 sale being above 100% of street sales?
This unique statistic ("前102%") likely indicates the 2020 sale price was higher than any comparable sale on the street at that time, meaning the original buyer paid a premium, possibly for the brand-new condition. This historical context is useful when evaluating the home's current price.