Property Overview: 204 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This 2019-built two-storey home in the popular Bridgwater Lakes community offers modern living with strong foundational value. Its key characteristics include a generous 2,171 sqft of living space, an attached garage, and a full (though unrenovated) basement on a large 5,433 sqft lot. The home’s primary appeal lies in its balance of relative newness and established community. Being newer than 95% of homes in the neighbourhood, it likely requires less immediate maintenance while benefiting from mature community amenities and landscaping.
The property suits first-time move-up buyers or young families seeking a modern, low-maintenance home in a planned community with parks and pathways. Its above-average lot size for the street offers more private outdoor space than many comparable homes. The rankings provided suggest a solid, middle-of-the-pack value proposition on its specific street, but standout appeal in broader comparisons—it ranks in the top 6% in Winnipeg for living area and top 5% for assessed value, indicating a premium property in the wider market context. A thoughtful perspective is that this home represents a "settled new build," where the initial owner has navigated the early-year quirks, and the neighbourhood has grown in, yet the home retains most of its modern efficiencies.
Frequently Asked Questions
1. What does the "Better than X%" ranking actually mean?
These percentile rankings compare this specific property against all others in the defined area (street, neighbourhood, or city) for that metric. For example, being "better than 94% in Winnipeg" for living area means only 6% of Winnipeg homes are larger, highlighting this as a spacious property city-wide.
2. The assessed value is $63.50k, but what is the likely market price?
Assessed value is for municipal tax purposes and is typically significantly lower than market value. The current asking or market price would be listed separately and is not provided in this data set. The 2019 sale price of $49.30k is a historical figure and not indicative of current value.
3. How does this home compare to its direct neighbour at 180 Creekside Road?
The reference shows 180 Creekside is slightly older (2018), smaller (1,942 sqft), and has a slightly lower assessed value ($61.60k). This suggests 204 Creekside may offer more modern finishes (being a year newer) and more interior space.
4. What are the implications of the basement being "not renovated"?
This indicates the basement is unfinished or in a basic, builder-grade state. It presents both a cost-saving opportunity (lower purchase price) and future potential for customization, but would require additional investment to develop into living space.
5. The "Sold" ranking seems poor (e.g., Top 101% on its street). Is this a concern?
This data point refers only to the 2019 sale price of $49.30k, not the home's current condition or value. Its low ranking means that price was lower than most other recorded sales on the street. Given the home's current high rankings for assessed value and size, it likely indicates the original buyer purchased at a favourable price, and the property's value has grown significantly since.