Property Overview: 168 Landover Drive, Bridgwater Trails

Key Characteristics & Appeal

This two-storey home, built in 2019, presents a modern, low-maintenance living option in the popular Bridgwater Trails neighbourhood. Its key appeal lies in its balance of being a relatively new build—which typically means fewer immediate repair concerns and modern layouts—within a well-established, family-oriented community. The home features 1,504 sqft of living space, an attached garage, and a full, unrenovated basement offering potential for future customization.

The property’s standout characteristic is its strong value proposition based on recent sales data. It last sold in April 2022 for $560,000, a price that ranked in the top 2% for its street and top 10% city-wide at that time, suggesting it holds its value well in a competitive market. While its lot size is above average for the street, its interior space and current assessed value are more modest relative to the immediate neighbourhood, indicating it may appeal to buyers seeking a newer home without the premium price tag of the largest models in the area. This home would suit first-time buyers or young families looking for a turn-key property in a newer suburb, as well as value-conscious buyers who prioritize a modern build year and the future potential of a blank-canvas basement over immediate top-tier size or finishes.

Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s last sale price was notably strong for the area. However, its current assessed value is more moderate, ranking in the bottom third of its street. This discrepancy could reflect market cooling, the home’s specific attributes, or assessment methodologies, and underscores the importance of a current market evaluation.

2. What does the “unrenovated basement” mean?
The basement is finished but has not been upgraded or customized. It presents a functional space as-is, but also offers a clear opportunity for future personalization—like adding a recreation room, home office, or additional bedroom—without the need for a major excavation or structural work.

3. Is the lot size a pro or con?
At 2,707 sqft, the lot is larger than 65% of others on Landover Drive, which is a positive for outdoor space. However, it’s smaller than most lots in the wider Bridgwater Trails neighbourhood. This translates to less yard maintenance than some properties, but potentially less private outdoor space than others in the community.

4. The home is newer, but how does its size fit the neighbourhood?
Built in 2019, the home is newer than 96% of properties in Winnipeg. Its living area, however, is smaller than about 77% of homes in Bridgwater Trails. This positions it as one of the more modern, but also more compact, options in the neighbourhood—ideal for those who prioritize new construction efficiency over maximum square footage.

5. What is the context of the provided “rankings”?
The rankings (e.g., “Top 35%” on the street) are comparative metrics based on public data for specific attributes like lot size or year built. They are useful for quick benchmarking against immediate neighbours and the city, but don’t reflect the overall quality or condition of the home itself, which requires a personal viewing.