Property Overview
This two-storey home at 328 Creekside Road in Bridgwater Lakes is a modern property built in 2018, offering a low-maintenance lifestyle in a sought-after community. Its appeal lies in its balance of contemporary construction and established neighbourhood living. The home sits on a generous lot that is larger than most on its street and features an attached garage and a full, unfinished basement. With a living area just under 2,000 sqft, it provides practical space for daily life.
The property’s standout characteristic is its strong position relative to the wider Winnipeg market. It ranks in the top tiers for being newer, having a higher assessed value, and a stronger recent sale price compared to most of the city. This suggests a well-regarded location and a solid foundation of value. However, within its immediate Bridgwater Lakes neighbourhood, the rankings are more mixed, indicating it is a comfortable, typical home for the area rather than a standout. This makes it a reliable choice without a premium price for ultra-high-end finishes.
This home would suit first-time buyers or young families looking for a move-in ready, modern build in a developed community. It’s also a practical fit for professionals who value the newer infrastructure and energy efficiency of a recent build, and who see potential in the blank canvas of the unfinished basement for future customization.
Frequently Asked Questions
1. Is the basement developed?
No, the basement is full-sized but unfinished. This is a key opportunity for a buyer to add value and customize the space to their needs, whether for recreation, storage, or additional bedrooms.
2. How does this property compare to others in Bridgwater Lakes?
The data shows a mixed picture. The home is newer than nearly 90% of the neighbourhood and its lot is above average in size. Its interior living space and assessed value, however, are close to the neighbourhood median, positioning it as a solid, standard offering in this community.
3. What do the ranking percentages mean?
They show how this property compares to others in a specific group. For example, “Better than 65% in Winnipeg” means it ranks in the top 35% of the city for that metric. The home consistently ranks higher city-wide than it does within its own street or neighbourhood, highlighting the desirability of the Bridgwater Lakes area overall.
4. The home sold in early 2023. What does that tell us?
It sold for $63,100, which was above its current assessed value of $60,700 at the time. This recent transaction provides a concrete, modern benchmark for its market value, suggesting stable pricing in the current climate.
5. Who might this property not suit?
Buyers seeking a fully turnkey home with a finished basement or a pool should look elsewhere. It may also not suit those looking for a unique or top-tier property within Bridgwater Lakes itself, as the metrics suggest it is more of a dependable, average home for this specific community.