Property Overview
This two-storey home at 88 Silver Creek Road in Bridgwater Trails is a modern property built in 2019, offering a move-in-ready foundation in a newer Winnipeg community. Its key appeal lies in its balance of contemporary construction and a manageable scale. The home features an attached garage, an unrenovated basement offering potential for future customization, and a living area of 1,504 sqft on a 2,556 sqft lot.
The property is well-suited for first-time buyers or young families seeking a modern home without the premium of a brand-new build. Its strong ranking for being newer than most homes in Winnipeg (top 4%) is a significant draw for those wanting to avoid immediate major repairs. The data suggests a notable history of value appreciation, with the last sale price in 2022 ranking exceptionally high locally (top 1% on its street), indicating the street’s desirability. A thoughtful perspective is that the unrenovated basement, while not a finished asset, presents a clear opportunity for a buyer to add value and tailor the space to their needs without first undoing someone else’s renovations.
Key Details & FAQs
Key Characteristics & Appeal
This is a contemporary, low-maintenance home in a sought-after newer neighbourhood. Its primary advantages are its 2019 build year, which places it well above average for age in the city, and its demonstrated value growth on a desirable street. The appeal is grounded in modern essentials: a recent construction date reduces worries about aging roofs or systems, and the property history shows strong investment performance within Bridgwater Trails. It best suits buyers looking for a turn-key, two-storey family home with the blank canvas of an unfinished basement. The lot size is average for the area, positioning it as a practical choice rather than a sprawling one, ideal for those who prefer community amenities over extensive yard maintenance.
Frequently Asked Questions
1. How does this home compare to others on Silver Creek Road?
The home ranks very well for its newness (top 7% on the street) and its previous sold price (top 1%). Its living space is above average for the street (top 32%), though the lot size is more moderate (top 59%). This indicates a well-regarded street where this property holds a strong position.
2. What does the "unrenovated basement" mean for me?
The basement is complete but unfinished. It presents both a cost-saving opportunity at purchase compared to a fully finished home and the future potential to add significant living space and value according to your specific preferences and budget.
3. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind current market values, especially in appreciating markets. The 2022 sale price of $570k is a much more current indicator of the home’s market value than the $46.70k assessment.
4. Is Bridgwater Trails a good neighbourhood for families?
As a modern, master-planned community, Bridgwater Trails is typically popular with families, offering newer schools, parks, and pathways. The presence of many similarly aged homes (2019-2021) in the reference listings suggests a neighbourhood of peers.
5. What are the less obvious things to consider?
Consider the ranking for "land area." While the home itself is modern, the lot is not among the largest on the street. This is a trade-off: you gain a newer house but may have less outdoor space than some neighbours. Also, the home’s rankings within the broader neighbourhood (e.g., top 77% for living area) suggest it is a competitively sized home for the area, but not among the very largest.