23 Rowntree Avenue

Property Overview: 23 Rowntree Avenue, Bridgwater Trails, Winnipeg

Key Characteristics & Appeal

This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key appeal lies in being a relatively new, low-maintenance property with an attached garage and a full, unfinished basement that presents a blank canvas for future expansion. At 1,502 sqft of living space, it provides a practical layout for everyday life.

The home’s standout characteristic is its newness; it ranks in the top 1% for year built on its street and the top 2% city-wide, meaning major components like the roof, furnace, and windows are under warranty and unlikely to need immediate replacement. Its appeal is balanced, however, as the living area is more modest compared to many in the wider neighbourhood, positioning it as an efficient, manageable space rather than a sprawling one. This property would suit first-time buyers seeking a modern home without the wait of new construction, or downsizers looking for a newer, single-family home with main-floor living and a garage. It also presents a solid opportunity for a buyer who views the unfinished basement not as a drawback, but as valuable potential to customize and add equity according to their own taste and budget.

Frequently Asked Questions

1. What does the "unfinished basement" condition mean?
The basement is a full, rough-in space that is structurally complete but has not been developed. It includes the necessary plumbing and electrical points (rough-ins) for a future bathroom and living areas, allowing you to finish it to your own specifications and timeline.

2. How does the property's size compare to the area?
The home’s living area (1,502 sqft) is above average for its specific street but below the average for the broader Bridgwater Trails neighbourhood. This suggests it offers good value and space on a well-located lot, while the larger neighbourhood features many homes with more square footage.

3. The assessed value seems low. Is that accurate?
Manitoba’s assessed value is for taxation purposes and is typically significantly lower than current market value. It should not be used as a direct indicator of listing or sale price. The market value is determined by recent sales of comparable homes in the current market.

4. What is the significance of the property rankings provided?
These rankings compare this home against others on its street, in Bridgwater Trails, and across Winnipeg for metrics like size and age. For example, ranking in the top 1% for year built on its street highlights its newness, while a mid-tier ranking for living area in the neighbourhood provides context for its footprint.

5. Are there any notable considerations about the 2021 build?
A 2021 build is a major positive for systems and efficiency. However, it’s wise to inquire about the builder’s reputation and check for any remaining New Home Warranty coverage. Also, as a newer home in a developing area, landscaping and outdoor spaces may still be maturing.