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204-10 Hill Grove Point

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2015 11 years ago
Top 62%57/92
Top 13%57/444
Top 17%4538/26841

204-10 Hill Grove Point: For Year Built. On Hill Grove Point, around averageTop 62%, rank 57 of 92, and comparable homes in that group average about 2016. 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
1,037 sqft
Top 21%19/92
Top 44%197/444
Top 45%12047/26841

204-10 Hill Grove Point: For Living Area. On Hill Grove Point, above averageTop 21%, rank 19 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 44%, rank 197 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 45%, rank 12047 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
27.30k
Top 37%34/92
Top 52%231/444
Top 36%9667/26841

204-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, around averageTop 37%, rank 34 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 52%, rank 231 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 36%, rank 9667 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 12/2020260k
MetricSame streetSame areaCity-wide
Sale price
260k
Top 96%88/92

Below average

same street Top 96%

Top 77%341/444

Below average

neighbourhood Top 77%

Top 40%10668/26841

Around average

Winnipeg Top 40%

Highlights & common questions: 204-10 Hill Grove Point, Winnipeg

Property Overview: 204-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Appeal

This is a well-situated condo unit in the popular Bridgwater Forest neighbourhood, built in 2015. Its primary appeal lies in its exceptional location ranking—it sits in the top 3% of its street and the top 0% of both its neighbourhood and all of Winnipeg for area desirability. This suggests a prime, sought-after spot within the community. The unit itself is a manageable 1,037 sqft, suitable for individuals, couples, or small families looking for a low-maintenance lifestyle without the responsibilities of a yard or exterior upkeep. With no basement, pool, or private garage, it offers simplicity and modern condo living.

The property would suit first-time buyers seeking an entry into a top-ranked area, or downsizers wanting to lock in a prime location with minimal maintenance. A thoughtful perspective for buyers is to consider the balance between the premium location and the unit's specific features; the value here is heavily anchored in where it is, rather than the size or amenities of the home itself. The significant difference between its last sold price in 2020 ($260k) and its current assessed value ($27.3k) is notable and requires clarification, as it suggests a potential change in assessment methodology or property type that a buyer must investigate.


Frequently Asked Questions

1. Why is the assessed value so much lower than the last sold price?
This is a critical question. Such a large discrepancy often indicates that the assessment reflects only the value of the condo unit itself, not the land (which is typically owned collectively by the condo corporation). The "land area" is listed as "—", confirming this. The last sold price represents the market value of the whole property interest.

2. What does the location ranking actually mean?
The rankings (e.g., "Better than 100% in neighbourhood") are comparative scores for the specific land area the building sits on. They suggest this parcel is considered among the most desirable plots in Winnipeg, likely due to factors within Bridgwater Forest like proximity to parks, pathways, or water features.

3. Who is responsible for exterior maintenance and groundskeeping?
As a condo, the corporation will handle all exterior building maintenance, snow removal, and landscaping. Your fees cover these services, which is a key benefit for those seeking a hands-off lifestyle.

4. Are there any upcoming special assessments?
This is not listed in the data. A potential buyer must review the condo corporation's status certificate, financial statements, and reserve fund study to understand the health of the corporation and any planned major repairs or projects that could result in additional fees.

5. What are the monthly condo fees, and what do they include?
This essential detail is absent from the provided stats. Fees vary greatly and cover shared expenses like building insurance, common area utilities, maintenance, and contributions to the reserve fund. Obtaining this figure is a necessary step in evaluating the true monthly cost of ownership.

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