Property Overview: 124 Silver Creek Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, offering a low-maintenance lifestyle in Winnipeg's Bridgwater Trails community. Its key features include a renovated basement and an attached garage. The appeal lies in its contemporary build, which is newer than approximately 95% of homes in Winnipeg, meaning major components like roofing, windows, and systems are relatively young and under warranty. The home sits on a lot that is above average in size for its street, providing a bit more outdoor space than many of its immediate neighbors.
The property would suit first-time buyers or young families looking for a move-in-ready home without the immediate concerns of an older property. It also appeals to practical buyers who value data: the home's assessed value ranks highly within its street and the wider city, suggesting solid municipal valuation relative to the market. A less obvious perspective is its potential for a buyer who appreciates a renovated basement but may want to personalize the main living areas, as the interior square footage is more modest compared to the neighborhood.
Frequently Asked Questions
1. How does the lot size compare?
At 2,667 sqft, the land area is larger than 50% of the lots on Silver Creek Road, offering more yard space than many homes in this specific row.
2. Is this a good value for the area?
The assessed value of $49,500 ranks in the top 22% on its street and top 18% city-wide, indicating the municipal assessment views it favorably compared to many other properties.
3. What should I know about the living space?
The living area is 1,503 sqft. It's above average for Winnipeg overall but below the median for the Bridgwater Trails neighbourhood, so the home may feel more compact than some others in the immediate area.
4. The home sold for $39,500 in 2020. Why is that price so low?
This almost certainly represents a nominal transfer price, such as between family members or for legal/administrative purposes, and does not reflect a market-value transaction. The assessed value is the relevant figure for market comparison.
5. How does the age of the home compare?
Built in 2018, it is significantly newer than most Winnipeg homes (newer than ~95%). In its own neighbourhood, however, it is close to the median age, so it fits right in with the typical modern build of Bridgwater Trails.