Property Overview: 20 Silver Creek Road, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, single-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, situated on a 2,556 sqft lot. The home’s primary appeal lies in its contemporary build year, which ranks it newer than 95% of properties across Winnipeg, suggesting modern construction standards and systems. However, the living space is compact at 979 sqft, placing it on the smaller side within its immediate area.
This property would suit first-time buyers or downsizers seeking a modern, manageable home without major renovation needs. Its recent sale in 2023 at the assessed value indicates a stable, transparent market price. A thoughtful perspective for buyers is to weigh the benefits of a newer build and renovated basement against the smaller interior footprint, which may require creative use of space or an appreciation for cozy, efficient living. The lot size is decent for the neighbourhood, offering outdoor space potential.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 979 sqft, the living area is notably smaller than many comparable homes in Bridgwater Trails, as seen in the listed references where nearby properties often exceed 1,400 sqft. This is a key differentiator for buyers prioritizing space versus modern condition.
2. What does the "rank" data actually mean for value?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, being newer than 95% of Winnipeg homes is a strong positive, while ranking in the bottom 4% for living area in the neighbourhood highlights its compact nature. This data helps contextualize its strengths and trade-offs.
3. Has the property value changed recently?
It sold in May 2023 for $43,500, which was exactly its assessed value at that time. This suggests the price was firmly aligned with municipal assessment, indicating a stable, non-speculative recent transaction.
4. Is the basement development a full suite?
The listing notes a "renovated basement" but does not specify if it is a legal suite with separate entrance/kitchen. This is a key point for verification, as it impacts rental potential and value.
5. What is the community of Bridgwater Trails like?
Bridgwater Trails is a newer, master-planned community in Winnipeg. This location typically offers modern amenities, parks, and pathways, appealing to those seeking a suburban feel with contemporary neighbourhood design.