Property Overview: 324 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This modern two-storey home, built in 2019, presents a compelling blend of space, location, and value within Winnipeg’s sought-after Bridgwater Lakes community. Its key appeal lies in its above-average metrics across the board: a generous 2,325 sqft of living space and a 5,905 sqft lot, both ranking in the top third for the street and neighbourhood. The home features an attached garage and a renovated basement, adding functional living space.
The property’s standout characteristic is its relative newness and strong financial positioning. Built just seven years ago, it is newer than approximately 95% of homes in the wider area. This is reflected in its assessed value of $76.50k, which places it in the top 2% citywide and suggests a solid, modern construction with lower immediate maintenance concerns. Its appeal is grounded in being a move-in ready, contemporary home in a well-regarded suburban neighbourhood, without being the absolute largest or most expensive property on the block. It would suit young families or professionals seeking a modern home in a community with newer infrastructure, as well as value-conscious buyers who appreciate a home that ranks highly in key metrics like age, size, and assessment value compared to its peers.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 5,905 sqft, the lot is larger than 63% of properties on Creekside Road and 58% in Bridgwater Lakes, offering above-average outdoor space for the neighbourhood.
2. What does the assessed value ranking indicate?
An assessment in the top 2% for Winnipeg and top 17% for the neighbourhood typically indicates a property that is newer, larger, or has features that the city assesses as being above average for the market, which can be a positive signal for underlying value.
3. Is the home significantly newer than others nearby?
Yes. Built in 2019, it is newer than 95% of homes in Bridgwater Lakes and 96% in Winnipeg, meaning major components like the roof, HVAC, and windows are likely still within their typical lifespan.
4. How does the living space compare?
With 2,325 sqft, the home offers more living area than 72% of neighbourhood properties, placing it comfortably in the top third for size in Bridgwater Lakes.
5. What is the context of the last sale price?
The home sold for $66.70k in November 2019. Given the current assessed value and the property’s high rankings, this historical price primarily provides a baseline, showing the home was purchased when new, and is not a direct indicator of today’s market value.