Property Overview: 223 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home, built in 2018, presents a modern, low-maintenance living opportunity in the popular Bridgwater Lakes neighbourhood. Its key appeal lies in its balance of being a relatively newer build with established community amenities, offering a move-in-ready canvas. The home features nearly 1,920 sqft of living space, an attached garage, and a full (though unrenovated) basement that provides significant storage or future expansion potential.
The property’s standout characteristic is its comparative newness within a broader context. While it ranks in the middle of its own street for size and value, it is newer than 95% of homes across Winnipeg, suggesting less immediate concern for major system replacements. The lot is generous at over 5,100 sqft, which is a notable asset in newer communities. This home would suit first-time buyers or young families seeking a modern layout in a developed area without the premium of a brand-new build. It’s also a practical fit for value-conscious buyers who appreciate having a blank-slate basement to customize over time, rather than paying for a finished space that may not suit their tastes.
Frequently Asked Questions
1. How does this home compare to others in Bridgwater Lakes?
The home is newer than 88% of properties in the neighbourhood, which is a significant advantage. Its living area and assessed value are slightly above the neighbourhood median, positioning it as a solid, average-sized home in the area with the benefit of more recent construction.
2. Is the basement usable in its current state?
The listing confirms the basement exists but is not renovated. It is suitable for storage and houses mechanical systems, but any finished living space would require a future investment and proper permits.
3. The home sold in August 2023. What does that mean for the current price?
The 2023 sale price provides a recent market benchmark. Any current listing price will reflect market conditions since that sale, and understanding the seller’s reason for selling after a relatively short period would be a key line of inquiry.
4. What is the significance of the lot size?
At 5,189 sqft, the lot is larger than many in newer subdivisions. This allows more private outdoor space, room for gardening, or potential additions like a deck or shed, subject to local bylaws.
5. Are the ranking statistics a cause for concern?
Not necessarily. The rankings show how the property compares on specific metrics. For example, being "better than 20%" in assessed value on its street simply means most homes on Creekside Road are assessed higher. This must be balanced with the fact it ranks highly for newness city-wide, illustrating the trade-off between lot/location and build year. It underscores the importance of viewing the home in person to assess its specific value.