Property Overview
160 Willow Creek Road presents a modern, single-storey home in the sought-after Bridgwater Trails neighbourhood. Built in 2019, it combines a low-maintenance lifestyle with above-average investment metrics for its area.
Key Features & Ideal Buyer
The home’s primary appeal lies in its balance of modern convenience and strong value positioning. Its key characteristics include a renovated basement, an attached garage, and a generous 6,222 sqft lot, which is larger than most on the street. As a 2019 build, it is newer than 96% of homes in Winnipeg, offering contemporary construction standards and minimal immediate upkeep.
Its value proposition is underscored by data: the home recently sold for a price that ranks in the top 1% for Winnipeg compared to assessed value, suggesting a premium, investment-grade transaction. The assessed value itself sits in the top 7% of the neighbourhood, indicating strong official valuation growth. This profile suits two main buyer types: first, practical professionals or downsizers seeking a modern, single-level layout in a mature community without sacrificing yard space. Second, value-conscious buyers who prioritize statistical indicators of equity growth and prefer a home that already has key renovations like the basement completed, offering move-in readiness and a history of solid market performance.
Frequently Asked Questions
1. How does the lot size compare to the area?
At 6,222 sqft, the lot is larger than 64% of properties on Willow Creek Road, offering more outdoor space than is typical for this street.
2. What does the sold price versus assessed value indicate?
The home sold for significantly above its city assessment, a transaction that ranks in the top 1% for Winnipeg. This typically reflects strong buyer demand for this specific property or immediate area.
3. Is the neighbourhood well-established?
Bridgwater Trails is a developing area. While this home is from 2019, listing data shows nearby properties built between 2015-2018, indicating the street is filling in with modern homes but may still have ongoing construction in wider sections.
4. How does the living space compare?
At 1,868 sqft, the living area is above average for Winnipeg (top 13%) but more moderate within its immediate street. This suggests a well-sized home that prioritizes lot size.
5. What are the property taxes likely based on?
Taxes would be based on the assessed value of $89.60k, which is notably higher than nearby reference properties, placing it in the top 7% of the neighbourhood. This often correlates with newer construction and renovations.