Property Overview: 276 Willow Creek Road, Bridgwater Trails
Key Characteristics, Appeal & Ideal Buyer
This two-storey home, built in 2021, offers modern living in the popular Bridgwater Trails neighbourhood. Its key characteristics include a generous 2,365 sqft of living space, an attached garage, and a full, unfinished basement on a near 5,000 sqft lot. The primary appeal lies in its balance of being a relatively new build—sparing the first owner from major immediate repairs—while offering the blank canvas of an undeveloped basement for future customization. The property ranks highly for its newness and size within both the neighbourhood and wider Winnipeg, suggesting a well-above-average standard for its age and area.
Its appeal is grounded in move-in readiness with long-term potential. It would suit a growing family or professional couple looking for a modern home in a developed community, who value the opportunity to add equity through a basement suite or recreational space tailored to their needs. A thoughtful perspective is that while the lot size is ample, its ranking relative to the immediate street is lower, indicating a streetscape of very large lots, so outdoor space is good but not exceptional for the specific block. The significant jump in assessed value since its 2021 sale points to strong market recognition of the area and property type.
Frequently Asked Questions
1. How does the property’s value compare to the immediate area?
The home’s assessed value is higher than 81% of properties in Bridgwater Trails, placing it in the top tier for the neighbourhood. On its own street, however, it ranks above only 32% of homes, suggesting that Willow Creek Road features many higher-value properties, providing a solid comparative context.
2. What does the “unfinished basement” entail?
The basement is full and undeveloped, meaning it has rough-in plumbing and electrical but no finished walls, floors, or ceilings. This is a significant opportunity to add living space, a rental suite, or specialized rooms to suit a buyer’s needs.
3. Is this a good investment relative to other newer homes?
The data shows this home is newer than 98% of properties in Winnipeg, and its living area is larger than 96% of them. This strong ranking in key metrics for a modern home suggests it holds inherent market appeal against the broader city inventory.
4. What are the comparable properties nearby?
The listing references 103 Valley Brook Road as a "worth viewing" comparison (newer, larger, higher assessment) and 375 Willow Creek Road as a "for reference" property (older, smaller, slightly lower assessment). Several direct neighbours on Willow Creek Road are also listed, allowing for close street-level comparison.
5. How stable has the property’s value been?
The home sold for $54.3k in June 2021 and now carries an assessed value of $66.5k. This represents a notable increase, reflecting market appreciation for newer homes in Bridgwater Trails over the past few years.