50 Creekside Road

Property Overview: 50 Creekside Road, Bridgwater Lakes

Key Characteristics & Appeal

This is a modern, two-storey home built in 2018, offering a move-in-ready canvas in the popular Bridgwater Lakes neighbourhood. Its primary appeal lies in its balance of space, contemporary build, and established community setting. With 2,440 sqft of living area on a 5,431 sqft lot, the property provides ample room for family life. The home ranks highly for its size, modern age, and value within both Winnipeg and its immediate area, suggesting a well-above-average offering for a newer subdivision home. It features an attached garage and a full, unrenovated basement, presenting a clear opportunity for future customization.

The property would suit buyers seeking a modern home without the wait and uncertainties of new construction, in a neighbourhood that has already begun to mature. It’s particularly fitting for growing families or professionals who value space and a contemporary layout but also appreciate the potential to personalize the basement over time. A thoughtful perspective is that this home offers the benefits of a newer build (like modern insulation, wiring, and fixtures) while the neighbourhood itself has moved past the initial construction phase, potentially leading to more settled green spaces and community cohesion.

Frequently Asked Questions

1. How does this home compare to others on the street and in Bridgwater Lakes?
The home ranks better than most for its living area (top 18% on the street) and is newer than the majority of homes in the neighbourhood (top 12%). Its lot size is more typical, ranking in the top third on the street.

2. What does the assessed value indicate?
The $670k assessed value is higher than approximately 96% of properties in Winnipeg, indicating a premium valuation. It is also higher than about 64% of homes in Bridgwater Lakes, positioning it in the upper third for the neighbourhood.

3. The basement is noted as "not renovated." What does that mean?
It indicates the basement is unfinished or in a basic builder-grade state. This is a common feature in newer homes and represents a blank slate for future development to suit a buyer's needs, adding potential value.

4. The home sold in 2021. What might that suggest?
The prior sale in June 2021 for $63.5k likely represents a title transfer or a non-arms-length transaction, not a market sale. This is common in new developments for builder transactions or lot purchases and does not reflect the home's market value at that time.

5. Is the property a good investment relative to the area?
The rankings suggest it is a strong performer in key metrics like size, age, and assessed value within Winnipeg. In its immediate neighbourhood, it is a newer, larger-than-average home, which are often desirable traits that can support value over time.