Property Overview

83 Del Monica Road is a modern two-storey home in Bridgwater Trails, built in 2017. Its primary appeal lies in offering above-average space and newer construction within a sought-after community. The home features 2,365 sqft of living area, an attached garage, and a full, unfinished basement on a 5,345 sqft lot.

Key Characteristics & Ideal Buyer

This home stands out for its generous proportions. Its living area ranks in the top 5% on its street and top 13% in the neighbourhood, making it notably larger than many comparable properties. Built just nine years ago, it is newer than 94% of homes in Winnipeg, offering modern building standards and less immediate concern for major repairs. The property also holds a strong assessed value, ranking higher than 86% of homes on its street.

The appeal is for buyers seeking a move-in ready, spacious home in a planned community without the premium for a brand-new build. It would suit a growing family needing ample indoor space, or professionals who value a modern home with a blank-canvas basement for future customization. A thoughtful perspective is the value of the unfinished basement; while not a current feature, it represents potential and avoids the cost of someone else’s renovation choices. The lot size is generous for the area, offering good outdoor space. Buyers should note that while the home’s size and age are significant assets, its last sale price in 2017 was below most neighbours at the time, suggesting it may have been a relative value purchase initially.

Frequently Asked Questions

1. What is the significance of the 2017 sale price being lower than neighbours?
This typically indicates the property was purchased at a competitive price point when new, possibly as a quick possession or final lot. It doesn't reflect on the current condition or value, which is now strongly positioned according to its assessment.

2. Is the unfinished basement a drawback?
Not necessarily. For many buyers, an unfinished basement is preferable. It allows you to customize the space to your exact needs (e.g., a theatre, gym, or suite) without paying a premium for a finished layout you might want to change.

3. How does the "newer than 94% of Winnipeg" ranking benefit me?
A 2017 build means major components like the roof, windows, furnace, and appliances are likely still within or approaching their prime, potentially deferring significant replacement costs for several years compared to an older home.

4. The home ranks in the top third for area in the neighbourhood but only the top two-thirds for year built on the street. What does this mean?
It confirms that Del Monica Road is a street of very newer homes (built circa 2016-2017). While this home is newer than most in the city, there are a handful of even newer homes on the same block. Its standout feature on this street is its above-average living space.

5. What is the potential here compared to a fully renovated home?
This property offers "bones and space" over finished polish. The value is in its size, modern structure, and lot. Your investment can go directly into personalizing finishes and the basement, rather than paying for renovations the previous owner chose.