Property Overview: 192 Landover Drive, Bridgwater Trails

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, offers modern living in the popular Bridgwater Trails neighbourhood. Its key features include a renovated basement and an attached garage, situated on a well-sized lot. The home’s primary appeal lies in its balance of being relatively new—avoiding immediate major repairs—while having established landscaping and neighbourhood maturity. The data suggests it occupies a unique position: its assessed value ranks highly on its street and city-wide, indicating it is perceived as a solid asset, yet its past sale prices were comparatively modest for the area. This could signal an opportunity for value-conscious buyers.

It would suit a young professional, couple, or small family seeking a move-in-ready home in a modern community. It’s particularly suited for those who prioritize a renovated basement for extra living space and appreciate a home that is newer but not brand-new, potentially offering better value. A thoughtful perspective is that while the lot size is generous, the living area is efficient, appealing to buyers who want outdoor space without the upkeep of a larger interior.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks in the top 11% for assessed value on Landover Drive, suggesting it is considered one of the more valuable properties on the street. However, its living space is above average for the street, placing it in the top 21%.

2. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. This home is newer than about 65% of homes in the immediate neighbourhood, placing it among the more recent builds in the area.

3. Has the property appreciated in value?
Yes. Based on the provided sale history, the home sold for $383,000 in 2019 and then for $426,000 in 2021. Its current assessed value is $525,000. It is important to consult a real estate professional for a current market valuation.

4. What might the ranking data mean for a buyer?
The rankings provide context. For example, the home scores highly for its assessed value city-wide (top 14% in Winnipeg), which is positive. Conversely, its past sale prices were lower than most comparable sales at those times, which may indicate the seller acquired it at a favourable price previously.

5. Are there similar homes nearby for comparison?
The listing references two nearby properties: 31 Silver Creek Road (smaller, slightly lower assessed value) and 426 Windflower Road (newer, larger, higher assessed value). These can serve as benchmarks for size, age, and value within the same community.