191 Creekside Road

Property Overview: 191 Creekside Road, Bridgwater Lakes

Key Characteristics & Ideal Buyer

This two-storey home, built in 2020, offers a modern footprint in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in its balance of being a relatively new build (newer than 97% of Winnipeg homes) with a generous 5,189 sqft lot, providing ample outdoor space in a community known for its planned amenities and pathways. With 1,917 sqft of living space and an attached garage, it suits the practical needs of a growing family or professional couple.

The home’s standout characteristic is its position within the market spectrum. While its living area is comfortable and above average for Winnipeg, its assessed value is notably efficient, ranking higher than 92% of the city. This suggests a property that may offer more land and newer construction for the dollar compared to many peers. The unrenovated basement presents a blank canvas for future expansion.

This property would suit buyers looking for a modern, low-maintenance home in a family-oriented suburb who also value long-term flexibility. It’s ideal for those who prioritize a larger yard and newer systems over a fully finished home, seeing potential in personalizing the space over time. It’s a practical choice for someone who appreciates a community like Bridgwater Lakes but is mindful of value per square foot.

Frequently Asked Questions

1. What does the "rank" information actually tell me?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg for metrics like size, age, and value. For example, being newer than 97% of Winnipeg homes is a significant advantage, while the lot size is larger than most on the street.

2. The basement is noted as "not renovated." What condition is it likely in?
As a 2020 build, the basement should be fully excavated and have basic finishes like insulation and drywall, but it is not developed into a finished living space (e.g., no dedicated bedrooms, bathroom, or finished flooring). It’s a clean slate for future expansion.

3. How does the assessed value compare to the likely selling price?
The assessed value ($584,000) is for municipal tax purposes and is typically below market value. The 2020 sale price was $467,000; current market value would be higher, influenced by recent sales, condition, and demand in Bridgwater Lakes.

4. Is the lot size typical for Bridgwater Lakes?
At over 5,000 sqft, this lot is larger than 79% of those on Creekside Road, making it a standout feature on the street. It offers more private outdoor space than many newer suburban lots.

5. What is the significance of the nearby comparable property at 180 Creekside Road?
The listed comparable (180 Creekside) is slightly older (2018), slightly larger (1,942 sqft), and has a higher assessed value ($616,000). This provides a direct neighbourhood benchmark, suggesting this listing could be positioned at a competitive price point relative to very similar homes.