Property Overview

This is a 2018-built home with 3,094 square feet of living space on an 18,715-square-foot lot. It sits on Creekside Road in Bridgwater Lakes, Winnipeg. The assessed value is $1.64 million.

The rankings tell the story: top 5% on its street for size and value, top 2% in the neighbourhood, and top 1% city-wide. What’s less obvious is how rare a property of this scale actually is in Winnipeg—most homes here are roughly half the size. This isn't just a big house in a good area; it's statistically exceptional even by local luxury standards.

The appeal lies in having space that’s hard to find elsewhere—both inside and out—without being an older estate. Buyers who want a newer build with substantial square footage and a large lot, but don't want to commission custom construction, would find this compelling. It suits families who need room to spread out, people who value privacy and outdoor space within a suburban setting, or anyone relocating from larger cities where this floor plan would be far more common but priced much higher. It’s also worth noting that Bridgwater Lakes tends to attract buyers willing to pay a premium for newer development and planned amenities, so resale here typically holds better than in older established areas.

Frequently Asked Questions

1. How does the assessed value compare to what I'd actually pay?
The $1.64M assessment is a market-based estimate used for property tax calculation. In this neighbourhood, recent sales of comparable homes have generally aligned with or slightly exceeded assessed values, though final price depends on condition, upgrades, and market timing. It's a strong indicator, not a guarantee.

2. Is the ranking system a reliable way to understand the property's position?
Yes, but it compares against all properties in Winnipeg, not just similar homes. A top 1% city-wide ranking for size means only about 1,700 other homes in the city are larger. That's useful context, but you'd still want to compare directly with other homes in the same price tier to gauge real competition.

3. What's the neighbourhood like for families or daily living?
Bridgwater Lakes is a planned community with parks, walking paths, and a mix of young families and professionals. Schools are within the Louis Riel School Division. The trade-off: you're further from downtown (roughly 20 minutes by car), and commercial amenities are still developing, so some errands require a drive.

4. How much land is usable beyond the house footprint?
At 18,715 square feet, the lot is large by city standards—about 0.43 acres. Assuming a home footprint of roughly 2,000–2,500 sqft for a two-storey, you'd have significant yard space. Check zoning for setbacks, but typically this allows for large gardens, a shop, or a future addition without feeling cramped.

5. Are there any common issues with homes built in 2018 in this area?
2018 is recent enough that major structural or mechanical issues are unlikely, but three items are worth checking: window seals (some builders in that era had warranty claims), grading around the foundation (settling can cause drainage problems within five to ten years), and the condition of the high-efficiency furnace and AC—units from 2018 are approaching the end of their typical warranty period, so service history matters.