Property Overview

This 2020-built two-storey home in Bridgwater Trails offers modern living in a well-established Winnipeg neighbourhood. Its key appeal lies in being a relatively new construction, meaning major components like roofing, windows, and mechanical systems are under a decade old and likely still under warranty. The home suits first-time buyers or young families looking for a move-in ready property without the immediate concerns of an older home. It also appeals to those seeking a low-maintenance lifestyle, given the modern build and attached garage.

While the living space (1,494 sq ft) is comfortable, the property’s land area is on the smaller side for the street. This translates to less yard upkeep—a plus for busy professionals—but less private outdoor space. The unrenovated basement presents a clean slate for future expansion or customization according to a new owner's taste and budget. The recent sale in May 2024 provides a clear, current market value benchmark, offering price transparency that older sales cannot.

Frequently Asked Questions

1. What does the "ranking" data mean for this property?
The rankings compare this home against others on its street, in the neighbourhood, and across Winnipeg. For example, it ranks in the top 9% for being a newer build on its street, but in the bottom 15% for living area size on the same street. This helps contextualize its strengths and trade-offs.

2. Is the assessed value the same as the market value?
No. The municipal assessed value ($42.70k) is for tax purposes and is typically much lower than market value. The recent sale price of $450k (May 2024) is the true indicator of its current market worth.

3. What are the pros and cons of a smaller lot?
The lot is smaller than most on the street (ranking in the bottom 18%). The advantage is less yard maintenance. The trade-off is less potential for outdoor living space, privacy, or future additions like a large deck or shed.

4. The basement is listed as "not renovated." What does that imply?
It means the basement is unfinished or in a basic, builder-grade state. It’s not a negative condition, but a neutral one. It offers functional space as-is (for storage, utilities) and provides the opportunity to finish it later to suit your needs without having to undo someone else’s DIY project.

5. How does this home fit within the Bridgwater Trails community?
Bridgwater Trails is a developed area with amenities. This home, built in 2020, is among the newer homes in a community that has older roots. You benefit from mature community planning and landscaping, while living in a house with contemporary construction standards.