Property Summary: 212 Creekside Road, Bridgwater Lakes

Section 1: Overview & Appeal

This two-storey home in the popular Bridgwater Lakes neighbourhood presents a compelling opportunity for buyers seeking a modern, low-maintenance property. Built in 2018, it offers the key advantage of being relatively new, meaning major components like the roof, windows, and mechanical systems are still within their expected lifespan, providing peace of mind. With over 2,360 sqft of living space and a 5,433 sqft lot, it sits above average in size for its street and the wider city, offering good interior space and outdoor area.

Its primary appeal lies in its strong positioning within a newer community. The data shows it ranks highly compared to most of Winnipeg for living area, assessed value, and year built, suggesting a well-appointed home in a desirable area. The attached garage and existing (though unrenovated) basement add functional space and future potential. This property would suit young families or professionals looking for a turn-key home in a developed suburban setting, who value modern construction and community amenities over an older, character-filled home. A thoughtful perspective is that while the home is newer, the 2021 sale price provides a recent benchmark, offering a clearer picture of its market trajectory than many older homes.

Section 2: Frequently Asked Questions

1. What does the ranking data (e.g., "Top 30%") actually mean?
This data compares this specific property against all others on the same street, in Bridgwater Lakes, and across Winnipeg. For example, "Top 30%" for living area on its street means 70% of homes on Creekside Road are smaller. It’s a quick way to gauge how the home stacks up in terms of size, value, and age.

2. The basement is noted as "not renovated." What should I expect?
This typically means the basement is unfinished or only partially finished. It presents usable storage or mechanical space but offers significant potential for future customization to add living area, a recreation room, or additional bedrooms, subject to permits and budget.

3. How does the 2021 sold price relate to the current asking price?
The $670,000 sale price from August 2021 is a key historical data point. It establishes a previous market value and can help inform an understanding of how local prices have moved in the years since. It is not a direct indicator of the current list or sale price.

4. Is the assessed value the same as the market value?
No. The assessed value ($67,600) is used by the municipal government for calculating property taxes. Market value is determined by what a buyer is willing to pay in the current market and is almost always significantly higher than the assessed value.

5. What is the significance of the nearby and similarly assessed properties listed?
These provide context. The nearby addresses (e.g., 218 Creekside) show the immediate neighbourhood fabric. The list of homes across Winnipeg with the same assessed value illustrates what other types of properties, in various neighbourhoods, share this tax assessment level, highlighting how assessment differs from market value and neighbourhood choice.