Property Overview
This well-situated home at 34 Willow Creek Road in Bridgwater Trails is a modern, single-storey property built in 2016. Its primary appeal lies in a combination of a newer build within a desirable neighbourhood and a strong value proposition. The home sits on a generous 5,333 sqft lot, which is larger than most on its street, and features an attached garage and a full, unfinished basement. The data indicates a clear pattern of value retention and growth, with the last two sales in 2021 showing a significant increase from the assessed value, suggesting a property that has outperformed many of its local and city-wide peers.
Key Characteristics & Ideal Buyer
The home’s key characteristics include its 1,650 sqft living area, newer construction (placing it in the top 7% newest homes in Winnipeg), and an assessed value that ranks in the top 4% city-wide. Its appeal is grounded in practicality: it’s a move-in ready, low-maintenance home in a family-oriented community, with the bonus of a blank-canvas basement for future customization. The lot size is a notable asset in a newer suburb, offering more outdoor space than many neighbouring properties.
This property would suit first-time buyers or young families looking for a modern home in a sought-after area without the premium price of a brand-new build. It’s also a sensible choice for downsizers or those seeking single-level living, thanks to its one-storey layout. A thoughtful perspective for a buyer is to see the unfinished basement not as a drawback, but as a strategic opportunity to add personalized value without the premium of it already being completed to a potentially unsuitable standard. The strong historical sales data suggests it’s a fiscally prudent choice for someone viewing a home as both a residence and a solid investment within Winnipeg’s market.
Frequently Asked Questions
Q: How does the property’s value compare to the area?
A: The data shows a very strong position. The current assessed value of $68.40k ranks higher than 96% of Winnipeg properties. Its last sale price of $740k in 2021 was significantly higher than the assessment, indicating market confidence and growth.
Q: Is the basement usable?
A: Yes, the home includes a full, unfinished basement. This provides ample storage and the potential for future renovation to add living space, such as a rec room, home office, or additional bedrooms, subject to permits.
Q: What does the lot size mean for me?
A: At 5,333 sqft, the lot is larger than 70% of those on Willow Creek Road. This translates to more private outdoor space for gardening, play, or entertaining compared to many newer suburban homes.
Q: The home was built in 2016. What should I consider?
A: As a home approaching a decade old, it’s past the initial "new home" phase but is still modern. A pre-purchase inspection is wise to assess the condition of major components like the roof, HVAC, and appliances, which may be nearing mid-life. This is the stage where proactive maintenance becomes key.
Q: How does this home rank for living space in the area?
A: With 1,650 sqft of above-ground living area, it offers less space than many in its immediate neighbourhood (ranking in the bottom half), but is still above average for Winnipeg overall. This highlights the trade-off common in newer communities: prioritizing lot size and modern amenities over sheer square footage. The unfinished basement offers a clear path to increase total living area.