Property Summary: 76 Silver Creek Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2019, offering a move-in-ready foundation in the popular Bridgwater Trails community. Its key appeal lies in its balance of being a relatively newer build with a recently renovated basement, providing immediate livability and extra finished space. The home sits on a good-sized lot for the area and includes an attached garage.
The property’s data reveals a nuanced position in the market. While its living space is comfortably above average for its immediate street, it ranks as a more modestly-sized home within the broader Bridgwater Trails neighbourhood. This suggests it may appeal to those who prioritize a newer build and a decent lot over maximum square footage. The significant jump in assessed value since its 2020 sale indicates strong market appreciation for the area and this specific property.
This home would suit first-time buyers or young families looking for a modern, low-maintenance property in a sought-after suburban community. It’s also a practical fit for professionals who value a renovated, turn-key home without the need for immediate updates. The renovated basement adds valuable flexibility for a home office, gym, or entertainment space.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks very well for its newer age (newer than 93% of homes on the street) and has above-average living space (better than 68%). The lot size is also above the street median.
2. Is the property considered large for Bridgwater Trails?
Not particularly. While it has a good lot, the living area is below the neighbourhood average, ranking better than only 23% of homes in Bridgwater Trails. It’s a quality, mid-sized option in the community.
3. What does the change in assessed value tell us?
The assessed value has risen from $380,000 in March 2020 to $484,000. This reflects strong market growth over the period and the value added by the basement renovation.
4. Who might this property not suit?
Buyers seeking a large interior footprint or top-tier ranking within the broader Bridgwater Trails neighbourhood for space may find it limiting. It’s a comfortable home but not among the largest in the area.
5. What is the context of the "Sold 3/2020" data?
The home was purchased for $380,000 in March 2020. The unusual ranking percentages (e.g., "Top 101%") for that sale simply mean that sale price was higher than all other recorded sales on the street at that time, highlighting it was a strong sale price for the pre-renovation property just as the market was accelerating.