Property Overview: 188 Creekside Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This 2017-built, two-storey home in Bridgwater Lakes offers modern living on a generous 5,433 sqft lot with an attached garage. Its primary appeal lies in its balance of space, age, and value within a newer suburban community. With 2,048 sqft of living area, it provides ample room for a growing family or those who appreciate spacious layouts.
The home’s strength is its relative newness and above-average lot size for the area, suggesting a well-maintained property with established landscaping. It suits buyers looking for a move-in ready home in a developed neighbourhood, avoiding the uncertainties of brand-new construction. The recent sale in late 2024 indicates a current market valuation, offering a clear benchmark.
A thoughtful perspective: while the home ranks highly city-wide for its newness and size, its rankings within its immediate street and neighbourhood are more modest. This suggests it’s a solid, quality home that may offer better value relative to the premium-priced newest or largest homes on the block, appealing to pragmatic buyers who prioritize substance over standing out.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is described as "not renovated," meaning it is likely an unfinished space. This presents a blank canvas for future expansion or storage.
2. How does this property compare to others on the street?
The data shows a mix. It has a larger-than-average lot size for the street but is one of the older homes on Creekside Road, with most nearby properties built more recently (e.g., 2018). Its recent sale price was competitive, ranking in the top half of the street.
3. What is the neighbourhood like?
Bridgwater Lakes is a modern, master-planned community in Winnipeg. It typically features family-friendly amenities, parks, and newer schools, appealing to those seeking a contemporary suburban lifestyle.
4. Why is the assessed value significantly lower than the sale price?
This is common. The municipal assessed value ( $60.40k ) is for tax purposes and is often much lower than the actual market value, which is reflected in the recent $640k sale price. The two figures serve different purposes.
5. What might be a less obvious consideration?
The property’s rankings indicate it is a strong performer in city-wide comparisons but more average within its own desirable neighbourhood. This could mean less upward pressure from immediate comparables but also suggests a stable investment in a sought-after area where the overall community lifts property values.