Property Overview: 164 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2018, presents a well-maintained and modern living space in the popular Bridgwater Lakes community. Its key features include a renovated basement, an attached garage, and a generous 5,432 sqft lot. The home’s primary appeal lies in its balance of being relatively new—avoiding immediate major repairs—while having established landscaping and neighbourhood maturity. With over 2,000 sqft of living space, it offers room for a growing family or those who appreciate dedicated spaces for work and leisure.
The property’s value proposition is underscored by its strong standing in broader comparisons. It ranks in the top 5-9% of all Winnipeg homes for its newness, living area, and assessed value, suggesting a solid investment relative to the wider market. However, within its own immediate street and neighbourhood, its rankings are more moderate, indicating it fits comfortably within the local context without being an outlier. This makes it a sensible choice for buyers seeking a modern, move-in-ready home in a sought-after suburban area, who prioritize a balance of space, contemporary build, and community amenities. It would suit young families, professionals looking for a stable long-term home, or buyers wanting a newer property where the major development phase is complete.
Frequently Asked Questions
1. How does the renovated basement add value?
A finished basement immediately expands usable living space, potentially for a family room, home office, or guest area. It also suggests the major expense and effort of finishing the basement are already complete for the next owner.
2. What do the ranking percentages actually mean for daily life?
While the home ranks highly city-wide for its age and size, its more average ranking on the street suggests it blends in with neighbouring homes. This can be positive, indicating consistent property values and a uniform streetscape without feeling over- or under-built for the area.
3. The home sold in late 2022. What might that indicate?
The sale two years ago, at a price very close to the current assessed value, provides a recent and relevant market benchmark. It suggests stable value in the recent past, but a buyer should investigate current market conditions to understand present value.
4. Is the lot size a significant feature?
At over 5,400 sqft, the lot is larger than many in newer subdivisions. This offers more private outdoor space, gardening potential, and distance from neighbours compared to properties on narrower lots, which is a growing priority for many.
5. Who might the "For Reference" neighbour at 180 Creekside Road be useful for?
That directly comparable property, with a similar build year but slightly smaller size and assessed value, serves as a helpful baseline. It allows buyers to gauge how square footage and specific upgrades on this listing might translate into value.