Property Overview & Key Characteristics

This two-storey home in Bridgwater Trails is a modern property built in 2020, offering a balance of new-build benefits and established community living. Its key appeal lies in its above-average lot size of over 6,300 sq ft, providing more outdoor space than many newer homes in the area. With 2,049 sq ft of living space and an attached garage, it suits growing families or professionals seeking a low-maintenance, contemporary home in a sought-after neighbourhood.

The home’s value proposition is underscored by strong market performance; it last sold in late 2024 for $70,90k, a significant increase from its 2021 sale price, indicating solid appreciation. Its assessed value ranks highly within Winnipeg (top 6%), suggesting a favourable official valuation. The unrenovated basement presents a blank canvas for future expansion.

This property would suit buyers prioritizing a newer home to avoid immediate major repairs, who value a larger yard, and who are looking in a community with high resale demand. It’s a practical choice for those who want a move-in-ready primary residence with the potential to add value through basement development down the line.

Frequently Asked Questions

1. How does this home compare to others on the street?
It has a larger-than-average lot for the street (better than 66%) but a living area that is more typical (better than 31%). This means you're getting more outdoor space relative to your immediate neighbours.

2. What does the sale history tell us about the property's value?
The $15,200 increase between the 2021 and 2024 sales shows strong appreciation in a short period. The latest sale price is also well above the current assessed value, which often reflects a competitive market perception of the home's worth.

3. Is the unrenovated basement a drawback?
Not necessarily. For some buyers, it's an advantage. It means there are no questionable DIY renovations to undo, and you can finish it to your own taste and standards, potentially increasing the home's value on your own terms.

4. How "new" is a 2020 build, and what should I consider?
At 6 years old, the major components like roof, HVAC, and appliances are likely still in good condition but may be nearing the end of manufacturer warranties. It's a great spot where any initial construction kinks have been worked out, but you're not first in line for costly replacements.

5. Who are the likely competing buyers for this home?
Given its profile, you can expect competition from young families attracted to the neighbourhood and school catchment, as well as value-conscious buyers who want a newer home but see more potential in an unfinished basement than in a fully—and possibly overpriced—finished one.