Property Overview
This two-storey home in Bridgwater Lakes, built in 2020, presents a modern, low-maintenance living option in a sought-after newer community. Its key appeal lies in its balance of contemporary build quality, above-average space, and a strong position within its local market. The home sits on a roughly 5,900 sqft lot and features 2,394 sqft of living space, an attached garage, and an unfinished basement.
Key Characteristics & Ideal Buyer
The property’s standout characteristic is its "newness" within a mature context. Built just six years ago, it ranks newer than 95% of homes on its street and 98% in the wider Bridgwater Lakes neighbourhood, meaning major components like roofing, windows, and HVAC are likely under warranty and years away from significant replacement costs. Its living area is notably spacious, placing it in the top quarter of area homes, which is a significant advantage for a modern build where square footage can sometimes be sacrificed for lot density.
Its appeal is grounded in practical, long-term value. The home isn’t just new; it’s statistically larger and newer than most comparable properties around it, suggesting a good initial investment. The unfinished basement is a blank canvas, allowing new owners to customize the space to their needs without first demolishing an outdated renovation. This home would suit a young professional family or a downsizer seeking a modern, turn-key property without the wait and uncertainties of new construction. It’s ideal for buyers who prioritize move-in readiness, energy efficiency, and the established greenery of a neighbourhood that’s past its initial development phase, yet still desire the benefits of a recent build.
Frequently Asked Questions
1. What do the ranking percentages (e.g., "Top 23%") actually mean?
These rankings compare this specific property against all listed homes in the same geographic category (street, neighbourhood, or city) for that metric. For example, the living area being in the "Top 23%" on its street means it is larger than 77% of the 130 homes used in that comparison, indicating above-average interior space for the area.
2. The assessed value is $69,800. Is that the market value or sale price?
No. The assessed value is set by the municipal government for property tax purposes. It is typically lower than current market value. The sale price will be determined by the market and recent comparable sales.
3. Why is there such a large gap between the 2020 sale price and the current assessed value?
The home sold for $52,400 in January 2020, likely near its initial completion. The jump to a $69,800 assessment reflects the value added by the finished home on the lot, along with general property value appreciation in the area over the past six years.
4. The basement is listed as "not renovated." What condition is it in?
"Not renovated" typically means the basement is unfinished. It will have basic construction elements like concrete floors, exposed walls and ceiling joists, and will require full development (framing, insulation, drywall, flooring) to become livable space, offering a customization opportunity.
5. How does this home compare to the reference property at 180 Creekside Road?
The reference property, built in 2018, is a useful benchmark. This home (300 Creekside) is two years newer, has over 450 more square feet of living area, and a higher assessed value, suggesting it offers more modern features and space for a proportionally higher value.