Property Overview: 371 Willow Creek Road, Bridgwater Trails
Key Characteristics & Appeal
This 2019-built, two-storey home in Bridgwater Trails offers modern living with a practical footprint. Its key characteristics include a 2,059 sqft living area, an attached garage, and a full, unrenovated basement on a nearly 5,900 sqft lot. The home’s primary appeal lies in its balance of being relatively new—sparing immediate major repairs—while presenting a blank canvas for personalization, particularly in the basement. Its assessed value ranks highly city-wide, suggesting solid underlying value for the area.
The property is well-suited for two main buyer types. First, it’s ideal for young families or professionals seeking a move-in ready, modern home in a planned community, where the unrenovated basement offers future expansion potential. Second, it appeals to value-conscious buyers who appreciate that the home is newer than 96% of properties in Winnipeg, indicating modern building standards and systems, yet may see opportunity in its below-street-average assessed value ranking as a chance to add value through updates.
A thoughtful perspective is its positioning within its immediate micro-market. While it ranks highly for its assessed value across Winnipeg, it ranks lower on its own street for the same metric. This suggests the street itself may be a desirable pocket with higher-value homes, offering the benefit of the location without the premium price point of some direct neighbors.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated. It is a full, unfinished space, offering the next owner a clean slate to develop according to their needs and budget.
2. How does this home compare to others in Bridgwater Trails?
The home ranks well within the neighbourhood for living area and assessed value, placing in the top 29% and 28% respectively. It is a newer construction, built more recently than 65% of homes in the area.
3. What is the history of price changes for this property?
It was previously sold in July 2020 for $59,000 and again in June 2021 for $68,100. The current assessed value is $61,400.
4. How does the lot size compare?
At 5,884 sqft, the land area is larger than 54% of lots on the same street and ranks in the top 24% within the broader Bridgwater Trails neighbourhood.
5. The home is listed as newer than 96% of Winnipeg—what does that mean practically?
This high ranking indicates that major structural components like the roof, windows, furnace, and electrical systems are likely in good, modern condition, potentially reducing near-term maintenance costs and offering greater energy efficiency compared to much of the city's housing stock.