Property Overview: 159 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home in the Bridgwater Lakes neighbourhood is a modern property built in 2020, offering a move-in-ready condition with a renovated basement. Its key appeal lies in its balance of new construction benefits and established community living. The attached garage and a generous 5,497 sqft lot provide practical space for families.
The home’s standout characteristic is its relative newness, ranking newer than 95% of homes on its street and 98% in the wider neighbourhood. This translates to fewer immediate maintenance concerns and modern building standards. While the living area is modest compared to some neighbours, the renovated basement effectively expands the usable space. The property’s assessed value has risen significantly since its 2020 sale, indicating solid market recognition.
This home would suit first-time buyers or young families seeking a modern, low-maintenance home in a popular master-planned community. It’s also a practical fit for those who value a larger lot for outdoor space but don’t require an overly large interior footprint. The updated basement adds versatility, making it suitable for someone needing a home office, gym, or secondary living area.
Frequently Asked Questions
1. How does the lot size compare?
The land area of 5,497 sqft is notably larger than many newer builds, ranking better than 47% on the street. This is a less common find in newer subdivisions and offers more private outdoor space.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point for your viewing to assess the quality and intended use of the additional space.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $57.4k is for municipal tax purposes. The home last sold for $44.9k in 2020, and the current market price will be determined by recent comparable sales and market conditions.
4. The home ranks lower for living area. How impactful is that?
The living area (1,792 sqft) ranks below many comparable homes on the street. This suggests the floor plan may be more efficient or compact. The renovated basement helps offset this, but the main floor square footage should be a focus during a walk-through.
5. What is the significance of the community rankings provided?
These rankings contextualize the property within its immediate area. For example, being newer than most homes is a clear advantage. However, rankings like "better than 18% on the street" for living area simply provide an honest benchmark, helping you gauge what to expect relative to neighbours.