Property Overview: 789 Bridge Lake Drive, Bridgwater Trails

Key Characteristics & Appeal

This is a modern, two-storey home built in 2020, offering a move-in-ready opportunity in the popular Bridgwater Trails community. Its key features include a renovated basement and an attached garage. The home sits on a generous 2,825 sqft lot, providing ample outdoor space for a newer property in this area.

The primary appeal lies in its balance of contemporary build age and established neighbourhood living. While the home’s living space is comfortably sized, its true standout is the land area, which is larger than most comparable lots on the street and in Winnipeg overall. This suggests valuable outdoor potential—room for gardening, play, or entertaining—that can be harder to find in newer subdivisions. The property’s assessed value has seen significant growth since its 2020 sale, indicating strong market confidence in the location.

This home would suit first-time buyers or young families looking for a modern, low-maintenance property without sacrificing yard space. It’s also a practical choice for value-conscious buyers who appreciate a home that’s past its initial "brand new" phase but is still relatively new, potentially avoiding some of the early settling issues of a brand-new build while benefiting from contemporary layouts and efficiencies.

Frequently Asked Questions

1. How does the lot size compare to the neighbourhood?
The 2,825 sqft land area is a key feature. It ranks in the top 9% on its own street and top 21% in the broader Bridgwater Trails neighbourhood for size, meaning you’re getting more outdoor space than many of the surrounding properties.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the seller or a viewing. This adds immediate liveable space and value.

3. How has the home’s value changed?
The home sold for $352,000 in January 2020. Its current assessed value is $522,000. This represents substantial growth, but it's important to note that assessed value is for municipal tax purposes; a current market evaluation will determine its present sale value.

4. Is this a good street within Bridgwater Trails?
The data provides a nuanced view. The lot size and newer build year rank very high on this street. However, the overall "street rank" metric places it in the top 94%, suggesting it may be a quieter or less trafficked lane compared to others, which some buyers may prefer.

5. What are the comparable nearby properties like?
The listing shows nearby homes are very close in proximity, typical of a newer subdivision. Similar assessed values in other established neighbourhoods like Elmhurst and Varsity View are provided, which can be useful for cross-city value comparison, though house styles and lot types will differ.