63 Edge Park Crescent

Property Overview

This modern two-storey home in Bridgwater Trails offers a blend of space, contemporary build quality, and strong community standing. Built in 2020, its key appeal lies in its move-in-ready condition with a fully finished basement and a generous 2,364 sqft of living space, which ranks in the top 10-15% within its immediate neighborhood. The property’s value is underscored by its consistent and significant appreciation, evidenced by its 2023 sale price of $765,000—a notable increase from its 2020 purchase price. Its appeal is for buyers seeking a low-maintenance, newer home in a sought-after suburban community, ideally suited for growing families or professionals who prioritize modern amenities, space, and a strong investment trajectory. A thoughtful perspective is that while newer builds offer modern efficiencies, this home has already passed the initial "settling-in" phase of a brand-new construction, potentially offering more predictability for the next owner.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Trails?
The home ranks highly in several key metrics for the community: its living space is in the top 13%, its assessed value is in the top 14%, and its recent sale price places it in the top 11%. This indicates it is a larger and more valuable property compared to the majority of homes in the area.

2. What does the price history indicate about its value?
The home sold for $556,000 in 2020 and $765,000 in 2023. This substantial increase over three years demonstrates strong market appreciation. The current assessed value of $718,000 sits between these two figures, providing a benchmark for municipal valuation.

3. Is the lot size typical for the area?
With a land area of 5,770 sqft, the lot is a standard suburban size for newer developments like Bridgwater Trails. It offers ample backyard space for family activities or gardening without the extensive maintenance of a much larger lot.

4. Who would this property suit best?
It is ideally suited for a family or professional couple needing ample indoor space across two finished floors. Its modern build and finished basement provide immediate functionality, making it a strong fit for those who prefer not to undertake major renovations.

5. Are there any notable features not immediately obvious from the data?
The data highlights that the home is newer than 97% of properties in Winnipeg, meaning it likely incorporates current building codes, energy efficiency standards, and modern floor plans. The fully finished basement immediately adds flexible living or recreational space, which is a completed value-add for the buyer.