Property Overview: 133 Willow Creek Road, Bridgwater Trails
Section 1: Key Characteristics & Appeal
This well-maintained, single-storey home in the popular Bridgwater Trails neighbourhood offers a practical layout with modern updates. Its key features include a renovated basement and an attached garage, situated on a spacious 5,111 sqft lot. Built in 2015, the home presents a move-in-ready opportunity with recent improvements already addressed.
The primary appeal lies in its value proposition within a newer community. While its living space is modest for the area, the property stands out for its very high city-wide rankings for newer construction and a strong assessed value that suggests solid underlying worth. The renovated basement adds functional living space, a significant plus. This home would suit first-time buyers or downsizers seeking a low-maintenance, single-level lifestyle in a modern suburb without the premium of a brand-new build. It’s also a sensible option for value-focused buyers who appreciate a home where key renovations are completed, allowing them to settle in without immediate projects.
A less obvious perspective is the lot size. At over 5,000 sqft, the land area is a standout feature for the neighbourhood, offering good outdoor space potential in a community known for newer, closely built homes. Additionally, the significant difference between the 2022 sale price and the current assessed value may indicate a positive adjustment or present a talking point for value negotiations.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows this home has a larger-than-average lot for the street but its living area is more modest compared to immediate neighbours. Its assessed value ranks higher than most on the street, suggesting favourable official valuation.
2. What is the neighbourhood like?
Bridgwater Trails is a modern, master-planned community in Winnipeg. It features newer homes, parks, and walking trails, appealing to those seeking a contemporary suburban lifestyle.
3. Has the home’s value increased?
The home sold for $68,800 in March 2022 and currently holds an assessed value of $60,700. Market conditions, specific renovations, and assessment methodologies can all influence these figures, so consulting a local agent for a current market analysis is recommended.
4. Is the basement renovation permitted?
Prospective buyers should always verify that any renovations, including the basement, have the necessary permits and inspections from the city to ensure the work is compliant and insured.
5. What are the utility costs for a home of this age and size?
As a home built in 2015, it likely meets modern building code energy efficiency standards. Requesting recent utility bills from the seller would provide the most accurate estimate for annual heating, cooling, and electrical costs.