Property Summary: 215 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This 2019-built two-storey home in Bridgwater Lakes offers modern living with a renovated basement and an attached garage. Its primary appeal lies in its balance of being a relatively new build (newer than 95% of homes in the neighbourhood) on a generous 4,954 sqft lot, providing space and minimal immediate maintenance worries. The home’s assessed value has seen significant growth since its 2019 sale, indicating strong appreciation in a desirable area.
The property suits first-time buyers or young families looking for a move-in-ready home in a modern community without the premium of a brand-new build. It also appeals to value-conscious buyers who prioritize a larger lot and newer construction over sheer interior square footage, as the living area is more modest compared to the lot size. A thoughtful perspective is that this home represents a "second-wave" opportunity in a newer neighbourhood—buyers benefit from established landscaping and community maturation, while the home itself remains modern and efficient.
Frequently Asked Questions
1. How does the lot size compare to others on the street?
While the home sits on a large lot overall (4,954 sqft), it ranks better than only 7% of lots on Creekside Road for size, meaning lots on this street tend to be very large. This suggests a spacious, less crowded streetscape.
2. What does the "renovated basement" entail?
The listing confirms a renovated basement but does not specify the finish or layout. This is a key detail to clarify with the listing agent to understand if it’s a legal suite, a recreational space, or additional bedrooms.
3. Has the home’s value increased since it was built?
Yes. It sold for $46.8k in 2019 and now has an assessed value of $57.2k. This represents notable growth, though it's important to note assessed value is for taxation and may differ from market value.
4. Is the living space smaller than average for the area?
At 1,798 sqft, the living area is smaller than about 66% of homes in Bridgwater Lakes. This highlights a trade-off: you get a newer home on a large lot, but the interior space is more compact than many in the neighbourhood.
5. How does this property fit within the broader Winnipeg market?
Its assessed value places it in the top 9% city-wide, indicating it's a higher-value property. However, its living area is only in the top 15%, reinforcing that the value is likely driven more by the newness of the home, the lot, and the desirability of the Bridgwater Lakes area than by square footage alone.