Property Overview & Key Characteristics
This two-storey home at 92 Silver Creek Road in Bridgwater Trails is a modern property, built in 2020. Its primary appeal lies in its balance of being a relatively new build in a popular suburban neighbourhood, offering move-in readiness without the concerns of an aging structure. The home features 1,515 sqft of living space, an attached garage, and an unrenovated basement that presents a blank canvas for future expansion.
The property’s standout characteristic is its newness relative to its immediate surroundings. It is newer than 97% of homes on its street and in Winnipeg, meaning major components like the roof, windows, and mechanical systems are under a decade old, promising lower maintenance costs in the near term. However, the lot is on the smaller side for the area (2,556 sqft), and its overall size and assessed value rank in the middle to lower tiers within Bridgwater Trails itself. This creates a specific dynamic: you are buying a contemporary home, but one positioned as a more accessible entry point into a sought-after, master-planned community.
This home would suit first-time buyers or young families looking for a modern, low-maintenance home in a family-oriented neighbourhood with parks and pathways. It’s also a practical fit for buyers who value the warranty and efficiency of newer construction but have a budget that aligns with a moderately sized property in the community. The unrenovated basement is a key feature for a buyer who views customization as a plus rather than a drawback.
Frequently Asked Questions
1. Is this a good value for the Bridgwater Trails area?
The data suggests it offers a balance. The assessed value is below the neighbourhood average, and the home is newer than most. You are effectively paying for a modern structure on a smaller lot, which can represent a strategic way to enter this popular community at a relatively lower price point.
2. What does the "unrenovated basement" mean?
It indicates the basement is finished to a basic, functional standard but has not undergone any custom upgrades or high-end finishes. This is typical for a 2020 build and should be seen as a neutral space ready for your personal touch, not as a deficiency.
3. How does the lot size impact daily living?
At 2,556 sqft, the yard is compact. This means less outdoor maintenance, which many appreciate, but also less private green space for gardening or play. It aligns with a low-maintenance lifestyle and is common for newer subdivisions.
4. The home sold for much less in 2020. Does that affect its current price?
The 2020 sale price reflects its initial purchase price as a new build from the developer. The current assessed value and market price are based on today's market conditions, comparable sales, and the home's age and condition, making the original price largely irrelevant for current valuation.
5. The rankings show it's "better than" only 2% of homes in the neighbourhood for land area. Is that a concern?
This statistic highlights that the lot is smaller than most in Bridgwater Trails. It’s not a concern for functionality if you prefer less yard work, but it is a defining characteristic. It underscores that this property’s value is driven more by the newness of the house itself than by the size of its land.