Property Overview: 320 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2017, presents a well-maintained and modern living space in the sought-after Bridgwater Lakes community. Its primary appeal lies in its strong positioning within a desirable, newer neighbourhood. The property boasts a generous 2,476 sqft of living space and a large 5,905 sqft lot, both ranking in the top 15% of the immediate street. This combination offers ample room for family life and outdoor enjoyment.
The home’s standout feature is its exceptional value standing across Winnipeg. It ranks in the top 3-6% of the entire city for living area, assessed value, and recent sale price, suggesting a property that offers significant space and investment quality relative to the broader market. While the basement is noted as unrenovated, this presents a clean canvas for future customization. The attached garage adds practical convenience.
This property is ideally suited for growing families or professionals seeking a modern home in a prime suburban setting. It appeals to buyers who prioritize space, a newer build to minimize immediate repairs, and a strong comparative value. The unrenovated basement may particularly attract those who wish to personalize the home to their own taste and specifications.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for lot size and living area (better than 86% of neighbours on Creekside Road). However, being built in 2017, it is newer than only 12% of homes on the street, meaning most neighbouring properties are more recently constructed.
2. What does the "value ranking" actually indicate?
The rankings show that this home’s assessed and recent sold values are in the top 3% of all Winnipeg properties. This doesn't guarantee future performance, but indicates it has been historically valued well above the city average for its size, condition, and location.
3. Is the neighbourhood established?
Bridgwater Lakes is a modern community. The comparison to a nearby home built in 2018 on the same street confirms the area is still developing, which can mean newer amenities but also ongoing construction in parts.
4. What should I consider about the unrenovated basement?
This means the basement is functional but finished in a basic state. It offers potential to add significant value and tailored living space, but requires budgeting for renovations. It’s a key factor for buyers deciding between a move-in-ready home versus a project.
5. How stable is the property’s value based on this data?
The home last sold in late 2021 for a price that ranked even higher (top 2% in Winnipeg) than its current assessment. This history suggests strong past demand, but as with any property, current market conditions will be the ultimate determinant of value.