23 Edge Park Crescent

Property Summary: 23 Edge Park Crescent

Section 1: Key Characteristics & Appeal

This is a modern, one-storey home built in 2022, offering the benefits of a nearly new property with minimal maintenance concerns. Its key characteristics include a functional 1,601 sqft layout, a full (but unfinished) basement providing future expansion potential, and an attached garage. Situated on a generous 4,668 sqft lot in the popular Bridgwater Trails community, it balances contemporary living with space for outdoor enjoyment.

The primary appeal lies in its "move-in ready" modern condition within a sought-after, master-planned neighbourhood. Its standout feature is its age; it ranks newer than approximately 96-98% of homes in its community and across Winnipeg, which is a significant advantage for buyers seeking modern building standards, efficiency, and design. The appeal is nuanced: while the living space is comfortable, the true value and future flexibility come from the unfinished basement and the above-average lot size, allowing the new owner to customize and grow into the property.

This home would ideally suit first-time buyers or young families looking for a modern, low-maintenance home in a community with amenities. It also suits practical buyers who see potential in a blank canvas, preferring to finish a basement to their own taste and timeline rather than paying a premium for a previous owner’s choices.

Section 2: Frequently Asked Questions

1. What are the yearly property taxes?
Based on the current assessed value of $538,000, you can estimate taxes using the City of Winnipeg's final mill rate. Consulting with a real estate professional for an exact calculation is recommended.

2. What are the monthly utility costs for a home of this age and size?
As a modern home built in 2022, it likely features good insulation and efficient mechanical systems, which should help keep utility costs (gas, electricity, water) relatively manageable compared to older homes. Requesting past utility bills from the seller would provide the most accurate picture.

3. What is the potential for the unfinished basement?
The basement presents a significant opportunity to add living space and value. It can be developed as a recreational room, home office, additional bedrooms, or a suite (subject to municipal zoning and permitting regulations). The cost and timeline for finishing would be a key consideration.

4. How does the ranking data ("beats X% of homes") help me?
This data provides quick context. For instance, the home ranks very high for its newness but more moderately for its living area size within its immediate area. This tells you you're buying modern quality, but the premium is for the condition and lot, not necessarily maximum square footage above grade.

5. What are the amenities and vibe of the Bridgwater Trails community?
Bridgwater Trails is a master-planned community known for its parks, pathways, ponds, and planned commercial centres. It has a family-friendly, suburban feel with newer schools and a focus on outdoor community spaces. Researching specific nearby amenities, like shopping or transit routes, would be advisable.