Property Summary: 197 Willow Creek Road
Key Characteristics & Appeal
This two-storey home in Bridgwater Trails is a modern, spacious property built in 2017. Its key characteristic is its generous scale, featuring a large 2,883 sqft living area that ranks within the top 2% of homes in the neighbourhood and top 1% citywide. The lot size of over 7,100 sqft is also notably spacious for the area. The home includes a renovated basement and an attached garage.
Its appeal lies in offering substantial interior space on a sizable lot within a relatively new, popular suburban community. The home suits buyers looking for a move-in ready, modern build without the wait or uncertainties of new construction, but who still want the feel of a newer home. It’s particularly well-suited for growing families or those who value ample room for living and entertaining, and who appreciate a property that stands out in size within its immediate surroundings. A thoughtful perspective is that while newer, the 2017 build date means major components are still under warranty, but the landscaping and neighbourhood have had a few years to mature, offering a more settled feel than brand-new subdivisions.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $77,900 is for municipal tax purposes and is typically significantly lower than market value. The selling price will be determined by current market conditions, the home's specific features, and buyer demand.
2. What is the significance of the property's ranking stats?
The rankings compare this home to others on its street, in Bridgwater Trails, and across Winnipeg. They highlight that this property is exceptionally large for its living area and sits on a larger-than-average lot, which are its standout competitive features.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the seller or their agent regarding the permits and legal status of the renovations to understand its potential use.
4. What are the annual property taxes?
The tax amount is not provided in this data. It can be calculated by applying the current City of Winnipeg mill rate to the assessed value of $77,900. Your real estate agent or the city's tax calculator can provide an accurate estimate.
5. How does this home compare to others on Willow Creek Road?
The data shows this home is newer than about 72% of houses on the street and has a larger living area than approximately 94% of them. This suggests it is one of the largest and more recently built homes in this specific section of the neighbourhood.