27 Edge Park Crescent

Property Overview

This 2021-built, two-storey home in Bridgwater Trails offers modern living in a desirable Winnipeg community. Its key appeal lies in being a nearly new, spacious property that ranks highly against its peers. With over 2,500 sqft of living space, it sits on a large, 4,890 sqft lot and features an attached garage and an unfinished basement. The home's competitive rankings—particularly in the top 10% of its community for age and size—highlight its above-average stature. It suits buyers seeking a move-in ready, modern home with room to grow, especially those who value a newer build's efficiency and low maintenance, and who see potential in customizing the unfinished basement to their own needs. A thoughtful perspective is its recent resale in 2024, which suggests a proven desirability in the current market, while the unfinished basement presents a blank canvas for future equity building rather than an immediate cost.

Frequently Asked Questions

1. How does the unfinished basement affect the home's value and utility?
It presents both a cost-saving opportunity at purchase and future potential. You avoid paying a premium for a finished layout you might not want, and can instead customize the space to your exact needs, potentially increasing the home's value on your own terms.

2. The home sold recently in 2024. What does this indicate?
A quick resale can signal strong initial demand for the property or the community. It’s worth investigating the broader market conditions at that time, but it also means the home has been vetted and purchased by another buyer in the very recent past.

3. The lot is large for the area. What are the benefits?
A nearly 5,000 sqft lot in a newer community provides excellent outdoor space for gardening, play, or entertaining, and often allows for more privacy and light than smaller, tighter lots typically found in modern subdivisions.

4. The home ranks highly for its size and newness. How significant is this?
These are two of the most persistent drivers of value and appeal. Ranking in the top 10% of the community for both factors means the property has inherent, long-term advantages over many of its neighbours, which can support its market position.

5. What is the significance of the difference between the 2024 sale price and the current assessed value?
The assessed value is for municipal tax purposes and often lags behind the fast-moving market. The recent, higher sale price is a more current indicator of what buyers were actually willing to pay, providing a clearer benchmark for the home's market value.