Property Overview & Key Characteristics
116 Creekside Road is a modern, one-storey home in the sought-after Bridgwater Lakes neighbourhood, built in 2019. Its primary appeal lies in a rare combination of generous space, premium finishes, and a highly desirable location. The home sits on an exceptionally large lot (over 16,600 sqft), placing it in the top 2% of properties on its street for land area. It features a renovated basement, an attached garage, and a private pool.
The home’s standout characteristic is its extraordinary assessed value, which ranks in the top 1% of the entire neighbourhood and top 0% city-wide, indicating a premium property relative to its peers. With over 2,450 sqft of living space, it offers ample room in a modern, single-level layout. This property would ideally suit established buyers or families looking for a move-in ready, low-maintenance home in a prime suburban community, who value both indoor luxury and extensive outdoor space for privacy and recreation. A thoughtful perspective is that the significant disparity between its assessed value and that of nearby references (like 180 Creekside Road) underscores its unique premium positioning, likely due to its lot size, renovations, and amenities.
Frequently Asked Questions
1. What does the "rank" information mean?
The rankings compare this property against others on its street, in Bridgwater Lakes, and across all of Winnipeg. For example, being "better than 99% in neighbourhood" for land area means this lot is larger than 99% of all lots in Bridgwater Lakes.
2. The assessed value seems high compared to the neighbour listed. Why?
The assessed value of $173,600k is for municipal tax purposes and reflects the city's valuation of the property relative to its market value. The significant difference from nearby properties highlights this home's premium features, such as its much larger lot, renovated basement, pool, and overall size, which the assessment model has captured.
3. Is a one-storey home common in this area?
While the data shows a mix of property types, a one-storey (or bungalow) layout with this much living space and a large lot is a less common find in a newer neighbourhood, offering main-floor living convenience which is highly valued by many buyers.
4. What are the implications of such a high assessed value?
A high assessed value typically corresponds to higher annual property taxes. However, it is also a strong indicator of the property's premium market position, quality, and desirability compared to others in the city.
5. How does the lot size impact the property?
A lot of this size (16,691 sqft) in a modern community is exceptional. It provides immense privacy, space for the pool and other outdoor amenities, and future flexibility for additions or landscaping that smaller, standard suburban lots cannot accommodate.