Property Overview: 156 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in the popular Bridgwater Lakes community. Its key appeal lies in its balance of being a relatively new build with established neighbourhood maturity. The 2,165 sqft living area is spacious, ranking in the top 6% for size across Winnipeg, while the lot offers ample outdoor space at over 5,300 sqft.
The home’s standout characteristic is its newness compared to its surroundings. It is newer than 98% of homes in the neighbourhood, meaning major components like roofing, siding, windows, and HVAC are under warranty and unlikely to need immediate replacement. This modern foundation is paired with an unfinished basement, which is a significant upside for buyers looking to customize additional living space to their exact needs, rather than paying for or undoing a previous owner’s renovation.
This property is ideally suited for growing families or professionals seeking a move-in ready, low-maintenance home in a master-planned area. It appeals to those who value modern construction standards and energy efficiency, and who see the unfinished basement not as a drawback but as a blank canvas for future equity and tailored space. The attached garage and community amenities cater to practical, suburban family life.
Frequently Asked Questions
1. How does this home’s value compare to the neighbourhood?
The assessed value of $63.7k is higher than 53% of homes in Bridgwater Lakes, placing it in the upper half. Given it’s newer and larger than most, this position suggests it is assessed in line with its premium features within the community.
2. What does the lot size mean for me?
At 5,375 sqft, the lot is larger than average. This provides more private outdoor space for gardening, play, or entertaining compared to many newer subdivisions, a valuable and less replaceable feature than the home’s interior.
3. The home sold in 2020 for $49.3k. What does that indicate?
The 2020 sale price reflects the initial purchase from the builder. The increase to the current assessed value aligns with typical market appreciation for a new home in its first few years and post-construction evaluations.
4. Is an unfinished basement a positive or negative?
It depends on the buyer’s goals. It’s a positive for those wanting to avoid the cost and style of a builder-grade finish, allowing for a custom rec room, home gym, or suite. It’s a consideration for buyers who want immediately usable space without a future project.
5. How does this street compare to the wider area?
The home ranks highly for its newness (top 5% on the street) and living area (top 50%). However, the street itself has a mix of properties, with this home’s land area ranking better than only 24% of its direct neighbours, suggesting lots on the street vary significantly in size.