Property Summary: 122 Silver Creek Road, Bridgwater Trails
Section 1: Overview & Appeal
This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in the popular Bridgwater Trails neighbourhood. Its key characteristics include a renovated basement and an attached garage, situated on a standard-sized lot. The home’s primary appeal lies in its contemporary build, which means fewer immediate repair concerns compared to older stock, and its location within a master-planned community known for its pathways and amenities.
The data reveals a nuanced position. While the living space is modest for the area, the property holds its value well, with a recent sale price significantly above the neighbourhood average. This suggests a well-presented home in a desirable pocket. It would suit first-time buyers or young families seeking a turnkey, modern home in a suburban setting, as well as value-conscious buyers who appreciate the efficiency and newer systems of a recent build. A thoughtful perspective is that this home represents a balance—it’s newer than most in Winnipeg, offering modern comforts, yet within its own immediate area, it’s a more standard offering, making it a practical rather than a standout purchase.
Section 2: Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 1,503 sqft of living area, this home is somewhat smaller than many on its street and in Bridgwater Trails overall. It ranks in the top 62% on its street (42nd out of 68), meaning over half the homes on Silver Creek Road are larger.
2. What does the assessed value versus recent sale price indicate?
The home was assessed at $49.50k and sold for $51.50k in August 2023. Selling above assessment can indicate strong buyer demand for the specific property, likely due to its renovated basement and modern condition, in a market that valued it highly at that time.
3. Is the property considered new?
Built in 2018, the home is relatively new, especially compared to the broader Winnipeg market where it is newer than 95% of properties. This typically translates to modern building standards, energy efficiency, and minimal urgent repairs.
4. How does the lot size impact the property?
The land area is 2,866 sqft, which is about average for the street. It provides adequate outdoor space for a patio or small garden but is not an exceptionally large lot, aligning with the community's denser, neighbourhood feel.
5. What is the neighbourhood context?
Bridgwater Trails is a developed, family-oriented community. The data shows this specific street is fairly average within the area for metrics like lot size and year built, suggesting a consistent streetscape without extreme highs or lows in property characteristics.