Property Overview & Key Characteristics
This two-storey home at 304 Willow Creek Road in Bridgwater Trails is a modern, low-maintenance property built in 2021. Its primary appeal lies in its balance of contemporary living and established value. The home features a renovated basement, an attached garage, and a generous 2,360 sqft of living space on a standard 5,332 sqft lot.
The home’s standout feature is its strong performance in key metrics compared to its surroundings. It ranks in the top tiers for being newer, larger, and of higher assessed value than most homes in Winnipeg, and particularly within the Bridgwater Trails neighbourhood. This suggests a well-regarded property in a desirable, modern community. The data indicates significant equity growth since its 2021 sale, pointing to a sound investment.
This property would suit young professionals or growing families seeking a turn-key home in a newer suburb without the wait of a build. It’s also a prudent choice for value-conscious buyers who appreciate concrete data showing the home’s relative standing in terms of size, age, and valuation within the broader market.
Frequently Asked Questions
How does the "ranking" data work?
The rankings compare this specific property against others on its street, in Bridgwater Trails, and across all of Winnipeg for metrics like living area and year built. For example, ranking "better than 86% in neighbourhood" for living area means this home is larger than 86% of homes in Bridgwater Trails.
What does the growth in assessed value indicate?
The assessed value has risen from its 2021 sale price of $65.20k to $72.50k. This increase reflects market appreciation and improvements like the basement renovation, suggesting strong equity building in a short timeframe.
Is the renovated basement finished?
The listing specifies a "renovated basement," which typically means it is a finished, livable space. This adds functional square footage for recreation, a home office, or guest space.
What is the community of Bridgwater Trails like?
As a newer development, Bridgwater Trails offers modern homes, planned green spaces, and family-oriented amenities. The high rankings of this home within the area suggest it aligns with or exceeds the community's standards.
Why are the nearby and similarly-valued comparison properties shown?
These provide context. Nearby properties help gauge the immediate streetscape, while homes with similar assessed values across Winnipeg show what price point this home competes at, highlighting its relative size and location value.