Property Overview: 348 Creekside Road, Bridgwater Lakes
Key Features & Ideal Buyer
This meticulously maintained two-storey home, built in 2019, offers a rare combination of modern living and established appeal. Its primary characteristics are substantial size and above-average standing within its community. With over 3,350 sqft of living space, it ranks in the top 1-2% of homes in Winnipeg for size. The property sits on a large 6,700 sqft lot and features an attached garage and a renovated basement.
The appeal lies in its "best of both worlds" position: it's a nearly new build that has passed the initial settling phase, yet it remains contemporary with modern efficiencies. Its consistently high rankings—whether for lot size, living area, or assessed value—indicate a premium property within the desirable, master-planned Bridgwater Lakes community. The renovated basement adds immediate functional space without the need for a project.
This home would perfectly suit growing families or professionals seeking spacious, turnkey living in a vibrant suburban neighbourhood. It’s ideal for buyers who value data-backed metrics of a property’s standing, as this home performs exceptionally well in comparative rankings for its street, neighbourhood, and city. It also appeals to those looking for a home with strong foundational value, as evidenced by its significant appreciation from its 2019 sale price to its current assessed value.
Frequently Asked Questions
1. How does the "renovated basement" add value?
Beyond adding finished square footage, a recent renovation suggests modern materials and compliance with current building standards, providing flexible living space that’s ready to use. It also indicates the homeowners have invested in upgrades.
2. The home is described as ranking highly for its size. What does this practically mean?
It means that for the price, you are getting proportionally more living space than the vast majority of homes in Winnipeg. This often translates to better long-term value retention and a competitive edge if you ever sell.
3. The assessed value has increased significantly since 2019. Is this reliable?
While market conditions can change, this increase is a strong indicator of the home’s appreciation in a desirable area. It reflects both community establishment and the property’s inherent premium features compared to others.
4. What is the significance of the lot size being "larger than 75% of lots on the street"?
In a newer community where lot sizes can be similar, a larger lot offers more privacy, greater outdoor potential, and is a finite asset that cannot be replicated, adding a layer of future-proofing to your investment.
5. Who might this property not suit?
It may not suit those seeking a historic character home, a fixer-upper project, or a more urban, high-density lifestyle. The premium for space and community amenities is reflected in the value.