Property Overview: 247 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2017, presents a compelling opportunity in Winnipeg’s modern Bridgwater Lakes community. Its primary appeal lies in a combination of generous space and a highly desirable location. The property sits on a large, approximately 9,682 sqft lot, which is notably larger than 85% of others on the street, offering ample outdoor potential. With 2,364 sqft of living space, the home provides room to grow and ranks within the top tier for size across the city.
The home’s strength is its established position in a sought-after neighbourhood. It ranks better than 93% of all Winnipeg properties for lot size and 96% for living area, indicating a above-average footprint. While the basement is unfinished, this allows for customization to suit a new owner's needs. The attached garage and relatively recent build date (2017) round out a low-maintenance, move-in-ready package.
This property would best suit buyers prioritizing space and location over turn-key renovation. It’s ideal for a growing family seeking a large yard in a top-ranked suburban area, or for a value-conscious buyer who sees potential in personalizing the basement space over time. The strong rankings suggest a property that should hold its value well within its peer group.
Frequently Asked Questions
1. How does the 2021 sale price compare to the current assessed value?
The home sold for $58.50k in April 2021. Its current assessed value is $65.40k, which is a point of reference for municipal taxation, not necessarily market value.
2. What does the "better than X%" ranking actually mean?
These rankings compare this specific property against all others on its street, in Bridgwater Lakes, and across Winnipeg. For example, ranking "better than 93% in Winnipeg" for lot size means only 7% of city properties have a larger land area.
3. The home is newer (2017), but why is its "year built" rank on its own street only in the top 88%?
This indicates that Creekside Road has many even newer homes, likely built after 2017. The neighbourhood is still developing, so while this home is modern, it may not be the newest on the block.
4. Is the unfinished basement a major drawback?
Not necessarily. For some buyers, it’s a blank canvas to create exactly what they want. It means lower initial property taxes compared to a finished space and avoids the need to undo someone else’s design choices.
5. How useful are the "nearby" and "similar assessed value" property examples?
They provide context. The nearby properties show the consistent character of the street. The list with similar assessed values highlights what price range of homes you might find in other Winnipeg neighbourhoods, underscoring the value proposition of this location.