Property Overview & Key Characteristics
This two-storey home at 260 Willow Creek Road in Bridgwater Trails is a modern, spacious property built in 2021. Its primary appeal lies in its combination of a large, renovated basement, a generous lot size of nearly 9,500 sqft, and substantial living space of over 2,850 sqft. The home ranks in the top tier of the local market for its size, assessed value, and recent build year, consistently placing in the top 10-15% of its immediate neighbourhood and often in the top 1-2% citywide. This suggests a premium property within a desirable, newer community. A thoughtful perspective is that while new, the home has already seen a significant value increase from its 2021 sale price, indicating strong market validation in a short timeframe.
It would ideally suit growing families or professionals seeking a move-in ready, low-maintenance home in a master-planned area. Buyers looking for space to expand or customize, particularly with the already renovated basement, will find a solid foundation. The strong rankings across multiple metrics also make it a compelling option for value-conscious buyers who prioritize statistical standing within a community.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the seller or listing agent.
2. How does the large lot size impact maintenance?
While a lot larger than 86% on the street offers great outdoor space, it also means higher responsibility for lawn care, landscaping, and seasonal upkeep compared to smaller lots in the area.
3. The assessed value is listed at $94.10k, but it last sold for $1.15M. Why the discrepancy?
In Manitoba, the assessed value for property tax purposes is typically much lower than market value. The sale history ($1.15M in 2021) is the relevant indicator of its market price.
4. The home is only 5 years old. What might require attention already?
Even a newer home may have wear items to inspect, such as appliance performance, HVAC systems, grading/drainage on the large lot, or any fine details from the original build or basement renovation.
5. What is the significance of the provided "rankings"?
These rankings compare this property against specific neighbours, the wider Bridgwater Trails area, and all of Winnipeg for metrics like size and value. They objectively show this home performs well above average in its peer group, which can influence both livability and long-term value.