Property Overview: 112 Willow Creek Road, Bridgwater Trails
Key Features & Ideal Buyer
This two-storey home in Bridgwater Trails is a modern, spacious property built in 2019. Its key appeal lies in its generous scale and strong standing within the market. With nearly 2,900 square feet of living space, it ranks in the top 5% of homes on its street and the top 2% within the neighbourhood for size. The property sits on a large 6,444 sqft lot and includes an attached garage and a renovated basement, adding valuable functional space.
The home’s assessed value of $960k places it consistently in the top tier—within the top 15% on the street and the top 6% in Bridgwater Trails. This, combined with its newer construction (newer than 96% of Winnipeg homes), suggests a well-maintained property with modern building standards. Its appeal is for buyers seeking a move-in ready, substantial family home in a popular newer community. It would suit professionals or growing families looking for space, modern amenities, and a property that holds a premium position relative to its peers in both the immediate area and the wider city.
A less obvious perspective is the value of its "established newness." At seven years old, the major systems and finishes are likely still under warranty or in excellent condition, yet the landscaping and community feel more settled than a brand-new build. The significant jump from its last sold price in 2019 to its current assessed value also indicates strong capital growth, which may attract buyers viewing the purchase as a long-term investment.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 6,444 sqft, the land area is larger than 71% of lots on Willow Creek Road, placing it in the top 29%. It offers more outdoor space than many properties in this newer neighbourhood.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific finishes, layout, and whether it includes a legal suite or additional bedrooms would require clarification from the seller or a viewing.
3. Is this price typical for Bridgwater Trails?
The assessed value of $960k is notably higher than the referenced nearby properties, placing it in the top 6% of the neighbourhood. This is likely due to its larger size, newer build year, and renovations.
4. How might the 2019 sale price relate to today's value?
The home sold for $492,600 in April 2019. The current assessed value reflects the significant market appreciation over five years, as well as the value added by the basement renovation.
5. What are the annual property taxes?
Taxes are not listed here. The estimated annual property tax can be calculated using the City of Winnipeg's mill rate against the assessed value, but the precise amount should be verified.