Property Overview

This two-storey home in Bridgwater Trails presents a compelling opportunity for buyers seeking a modern, well-situated property. Built in 2019, it combines the benefits of a newer build with established community roots. The home features a renovated basement, an attached garage, and sits on a generous lot. Its appeal lies in its strong performance across key metrics compared to its immediate area and the wider city, suggesting a property that stands out in its peer group. It would particularly suit young families or professionals looking for a move-in ready home in a popular, newer neighbourhood without the wait and uncertainties of a brand-new construction.

Key Characteristics & Appeal

The home’s primary strength is its balanced excellence. It isn't just above average in one area; it ranks in the top tiers for lot size, living space, and assessed value within its street, neighbourhood, and Winnipeg. Specifically, its living area and assessed value place it in the top 4% and top 1% city-wide, respectively. This indicates a property that is both spacious and valued significantly higher than most Winnipeg homes, which is a notable combination. The renovated basement adds immediate functional space without the need for a project.

Its appeal is rooted in this high relative standing. For a buyer, it means acquiring a property that has historically held and increased its value more robustly than the vast majority of the market. A less obvious perspective is that this high ranking across categories suggests the home was likely a premium offering within its original subdivision, possibly featuring better finishes or a more desirable location on the street. It suits buyers who value data-driven confidence in their investment, as well as those seeking a home that already feels established on a mature lot, unlike many newer builds on raw land.

Frequently Asked Questions

1. What does the "rank" data actually mean?
The rankings show how this property compares to others. For example, "Top 1% in Winnipeg" for assessed value means its official valuation is higher than 99% of all residential properties in the city, indicating a strong market position.

2. The home sold in 2020 for less than its current assessed value. Is that a concern?
Not necessarily. The 2020 sale price reflects the market at that time. The current higher assessed value suggests significant appreciation, which is consistent with the broader market trend and the home's high rankings for desirability metrics.

3. Who would this home be ideal for?
It's an excellent fit for buyers who want a modern home (built 2019) but prefer a neighbourhood that is no longer in the early construction phases. It offers move-in readiness with the renovated basement and appeals to those who appreciate a property with proven value growth.

4. Are there any obvious drawbacks based on this data?
The data provided does not show any. However, the high rankings themselves set a high expectation; buyers should ensure the home's condition, layout, and finishes personally meet their standards to justify its premium standing.

5. How does the lot size compare?
At just under 6,000 sq ft, the lot is larger than 72% of others on the same street. This is a very good lot size for the Bridgwater Trails area, offering more outdoor space than typical for this community.