Property Overview: 182 Willow Creek Road, Bridgwater Trails
Key Features & Ideal Buyer
This two-storey home in Bridgwater Trails is a modern property, built just two years ago in 2024. Its key characteristics include a generous 2,175 sqft of living space, an attached garage, and a full, unfinished basement offering potential for future customization. The lot is a comfortable 5,555 sqft.
The primary appeal lies in its combination of new construction benefits—like modern building standards and minimal immediate maintenance—within an established, sought-after neighbourhood. The data suggests strong value retention, with its recent sale price and assessed value ranking in the top 2-11% of Winnipeg, indicating a premium property for the area. Its appeal is for buyers seeking a move-in ready, contemporary home who also value the future flexibility an unfinished basement provides. It would suit young professionals, growing families, or anyone looking to avoid the unpredictability of an older home, while still having a project space to personalize over time. A thoughtful perspective is that this home offers a "blank slate" basement in a community where many comparable homes may already be fully developed, allowing the next owner to add value and tailor the space to their exact needs without the hassle of a full renovation.
Frequently Asked Questions
1. What does the ranking data actually mean?
The percentile rankings compare this property against others on its street, in Bridgwater Trails, and across Winnipeg. For example, being newer than 100% of homes in the neighbourhood simply means it is the newest built among the listed comparables, a sign of modern construction in a more mature community.
2. Is the unfinished basement a drawback?
Not necessarily. While it requires an investment to finish, it is a significant opportunity. It allows the buyer to create additional living space—like a rec room, home office, or extra bedroom—exactly to their specifications and budget timeline, without having to undo someone else’s prior work.
3. How does the assessed value compare to the last sale price?
The property was sold in February 2024 for $81,600k, while its current assessed value is $76.10k. This difference is common, as municipal assessments for tax purposes often lag behind current market sale prices and use a different valuation methodology.
4. What is the neighbourhood like?
Bridgwater Trails is a well-regarded, established community. The listing shows nearby properties with consistent and rising assessed values, suggesting a stable and desirable area. The presence of many similar-aged homes on the same street indicates a cohesive streetscape.
5. Are there any obvious downsides from this data?
The data points to a couple of considerations. The land area, while good, is not among the largest on the street, ranking in the top 58%. Additionally, the living space is very comfortable but not the absolute largest in the immediate area, as shown by the comparable listing at 157 Willow Creek Road which has slightly more square footage.