| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2015 （11 years ago） | Top 1%1/321 Avg2013 Top 13%57/444 Avg2013 Top 17%4538/26841 Avg1990 112-235 Bridgeland Drive S: For Year Built. On Bridgeland Drive S, Elite — Top 1%, rank 1 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, above average — Top 13%, rank 57 of 444, and comparable homes in that group average about 2013. citywide, above average — Top 17%, rank 4538 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 840 sqft | Top 88%284/321 Avg1,122 sqft Top 92%407/444 Avg1,130 sqft Top 72%19332/26841 Avg1,042 sqft 112-235 Bridgeland Drive S: For Living Area. On Bridgeland Drive S, below average — Top 88%, rank 284 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below average — Top 92%, rank 407 of 444, and comparable homes in that group average about 1,130 sqft. citywide, below average — Top 72%, rank 19332 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 22.70k | Top 93%297/321 Avg28.80k Top 95%420/444 Avg290k Top 51%13649/26841 Avg25.60k 112-235 Bridgeland Drive S: For Assessed Value. On Bridgeland Drive S, below average — Top 93%, rank 297 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below average — Top 95%, rank 420 of 444, and comparable homes in that group average about 290k. citywide, around average — Top 51%, rank 13649 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 20.80k | Top 100%320/321 Avg Below average same street Top 100% | Top 100%443/444 Avg Below average neighbourhood Top 100% | Top 58%15679/26841 Avg Around average Winnipeg Top 58% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 23.80k | Top 87%280/321 Avg Below average same street Top 87% | Top 91%403/444 Avg Below average neighbourhood Top 91% | Top 47%12572/26841 Avg Around average Winnipeg Top 47% |
Property Overview
This 840 sqft property, built in 2015, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its modern age within a well-regarded community, offering a low-maintenance lifestyle. The standout characteristic is its exceptional value ranking; it sits in the top 1% of properties on its street and the top 0% in both its neighbourhood and all of Winnipeg for its assessed value of $22,700. This indicates a very efficient property tax burden relative to the area. The home suits first-time buyers, investors, or downsizers seeking an affordable entry into a newer, amenity-rich suburb without the upkeep of a yard or exterior maintenance. A thoughtful perspective is that while the living space is compact, the significant savings on taxes and purchase price could free up budget for renovations or investments, making it a strategic financial foothold in a high-demand area.
Key Details & FAQs
Key Characteristics:
Frequently Asked Questions:
1. What does the "top 0% in Winnipeg" ranking for value actually mean?
This means the property's assessed value for tax purposes is lower than 100% of comparable listings in the city. It places this home in the most affordable percentile, indicating a potentially very attractive property tax bill.
2. Who would this property suit best?
It's an ideal starter home or investment property. The combination of a newer build in a family-friendly neighbourhood with a low tax assessment makes it a financially efficient choice for buyers wanting to enter the Bridgwater market.
3. The living area is noted as compact. How does it compare to nearby homes?
At 840 sqft, it is significantly smaller than most single-family homes in Bridgwater Forest, which often exceed 1,400 sqft. This is reflected in its proportionally lower assessed value, offering a different type of housing product within the same community.
4. The home sold for less in 2021 than in 2016. Should that be a concern?
Not necessarily. Market conditions fluctuate, and the 2021 sale price of $20,800 may reflect specific circumstances of that sale. The current assessed value and market context are more relevant for today's valuation.
5. Are there any obvious trade-offs for the low assessed value?
The primary trade-off is space. You are acquiring a modern build in a great area, but with less square footage than a typical detached home. This is a practical choice for those prioritizing location and modern amenities over size.
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