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138-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2015 11 years ago
Top 1%1/321
Top 13%57/444
Top 17%4538/26841

138-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, EliteTop 1%, rank 1 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, above averageTop 13%, rank 57 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 17%, rank 4538 of 26841, and comparable homes in that group average about 1990.

Living Area
967 sqft
Top 70%225/321
Top 78%348/444
Top 53%14252/26841

138-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around averageTop 70%, rank 225 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 78%, rank 348 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 53%, rank 14252 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
270k
Top 54%173/321
Top 59%260/444
Top 37%9880/26841

138-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 54%, rank 173 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 59%, rank 260 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 37%, rank 9880 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/201625.90k
MetricSame streetSame areaCity-wide
Sale price
25.90k
Top 70%225/321

Around average

same street Top 70%

Top 77%344/444

Below average

neighbourhood Top 77%

Top 40%10802/26841

Around average

Winnipeg Top 40%

Highlights & common questions: 138-25 Bridgeland Drive N, Winnipeg

Property Overview & Key Characteristics

This 2015-built home in Bridgwater Forest is a study in contrasts, offering a modern, low-maintenance lifestyle within a highly sought-after master-planned community. Its primary appeal lies in its exceptional location, ranking in the top 1% of its street and top 0% of its entire neighbourhood and city for desirability. The home itself is a compact 967 sqft, positioning it as an affordable entry point into a premium area. This combination makes it particularly suited to first-time buyers seeking a modern home in a top-rated community, downsizers looking to maintain a new-build standard with minimal upkeep (note: no basement or garage), or investors targeting a property with strong locational fundamentals and rental appeal in a family-oriented area.

A less obvious perspective is its value as a "foot-in-the-door" property for long-term growth. While the living space is modest, the outstanding neighbourhood ranking suggests the land and location carry significant weight, offering potential for future equity growth tied to the area's overall prestige rather than the home's size alone.

Frequently Asked Questions

1. What are the main trade-offs for the excellent location?
The data indicates you are trading square footage and some traditional features for the premier address. The home has no basement or garage, and its living area is smaller than approximately 75-80% of homes in Winnipeg. The value is concentrated in the community, the modern build year, and the lot's position.

2. Who is this neighbourhood best for?
Bridgwater Forest is a master-planned community known for its parks, trails, and family-friendly amenities. It's ideal for those who value walkability, new infrastructure, and a strong sense of community. It may be less suited for those seeking an older, established streetscape with mature trees.

3. How does the assessed value compare to its last sale price?
The current assessed value is $270,000. The home last sold in July 2016 for $259,000. This indicates a relatively modest increase in assessed value over eight years, which may reflect its specific attributes (like size) within the high-performing area.

4. What does the "rank by year" and "rank by area" data mean?
These rankings compare this property to others on its street, in Bridgwater Forest, and across Winnipeg. For example, its 2015 build year is newer than 100% of homes on its street and 92% in Winnipeg—a strong point. Conversely, its living area is larger than only about 21-26% of Winnipeg homes, highlighting its compact nature.

5. Are the nearby and similarly valued comparison properties relevant?
The listed nearby properties are directly adjacent, showing a dense, uniform streetscape typical of newer subdivisions. The "similar assessed value" properties are in different, often older neighbourhoods like Varsity View and Westdale. This underscores that your budget here buys a newer home in a top-ranked planned community, whereas the same amount in other areas may purchase more square footage or an older character home in a different type of established neighbourhood.

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