7 Edge Park Crescent

Property Overview: 7 Edge Park Crescent

Section 1: Key Characteristics & Appeal

This is a modern, two-storey home built in 2022, offering the advantage of a nearly new build with contemporary finishes and minimal maintenance concerns. Located in the sought-after Bridgwater Trails community, it sits on a generous 4,668 sqft lot and features over 2,000 sqft of living space, an attached garage, and an unfinished basement ready for future customization.

The primary appeal lies in its balance of new construction and established community living. It ranks exceptionally high for its newness (newer than 98% of Winnipeg homes) and offers above-average living space compared to most of the city. The unfinished basement presents a clear value-add opportunity for a growing family or a buyer wanting to tailor the home to their specific needs. This property is ideally suited for young professionals or families seeking a modern, move-in-ready home in a popular suburban neighborhood without the wait and uncertainty of a new build. It also fits buyers who appreciate having a "blank canvas" in the basement to potentially add a suite, recreational room, or additional bedrooms as their lifestyle demands.

A less obvious perspective is the home’s strong positioning within its immediate area. While its overall size ranks solidly in the top third of the community, its newer age gives it a distinct edge in terms of modern building standards and energy efficiency compared to many neighboring homes, which is a subtle but valuable advantage in resale.

Section 2: Frequently Asked Questions

1. What are the annual property taxes?
While the exact annual tax amount isn't listed here, it can be calculated based on the current assessed value of $584,000 and the City of Winnipeg's mill rate. Consulting with a real estate agent or the city's tax calculator will provide the precise figure.

2. What are the advantages of an unfinished basement?
An unfinished basement allows you to customize the space to your exact needs, whether for storage, a home gym, a media room, or additional bedrooms. It also means you aren’t paying for finishes you might otherwise replace, and the work can be done on your own timeline and budget.

3. How does the "ranking" system work for the property stats?
The rankings (e.g., "top 9% in Winnipeg" for living area) show how this home compares to others in its immediate street, the Bridgwater Trails community, and all of Winnipeg. A high ranking means the property scores well on that specific metric (like size or newness) relative to its peers, indicating a competitive feature.

4. What is the community of Bridgwater Trails like?
Bridgwater Trails is a modern, master-planned community in south Winnipeg known for its parks, pathways, ponds, and family-friendly amenities. It typically features newer homes, well-maintained green spaces, and convenient access to shopping and schools.

5. Why is the living area ranking higher than the lot size ranking?
This indicates the home itself is quite spacious relative to many other homes in Winnipeg (top 9%), but the lot size, while generous at over 4,600 sqft, is more typical for its specific community and street. This suggests a efficient use of the property with a focus on interior space.