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204-235 Bridgeland Drive S

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

204-235 Bridgeland Drive S: For Year Built. On Bridgeland Drive S, 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
1,016 sqft
Top 52%168/321
Top 65%289/444
Top 47%12693/26841

204-235 Bridgeland Drive S: For Living Area. On Bridgeland Drive S, around averageTop 52%, rank 168 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, around averageTop 65%, rank 289 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 47%, rank 12693 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
24.30k
Top 84%269/321
Top 88%392/444
Top 45%12045/26841

204-235 Bridgeland Drive S: For Assessed Value. On Bridgeland Drive S, below averageTop 84%, rank 269 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 88%, rank 392 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 45%, rank 12045 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 8/2022280k
MetricSame streetSame areaCity-wide
Sale price
280k
Top 48%155/321

Around average

same street Top 48%

Top 46%204/444

Around average

neighbourhood Top 46%

Top 34%9214/26841

Around average

Winnipeg Top 34%

Highlights & common questions: 204-235 Bridgeland Drive S, Winnipeg

Property Overview

This is a well-maintained condo unit in the popular Bridgwater Forest neighbourhood, built in 2015. Its primary appeal lies in its exceptional location within a master-planned community, offering a modern, low-maintenance lifestyle. The data suggests it is a competitively priced entry point into a highly sought-after area.

Key Characteristics & Ideal Buyer

The unit’s standout feature is its location. It ranks in the top 1% of its street and top 0% of its entire neighbourhood for area desirability, indicating it sits in a prime spot within Bridgwater Forest. The building is relatively new (2015), ranking in the top 8% for age in Winnipeg, meaning major components are unlikely to need immediate replacement.

With 1,016 sqft of living space, it offers comfortable condo living. It has no basement, pool, or private garage. The most recent sale was in August 2022 for $280,000, which was a competitive price point for the area at that time.

This property would best suit first-time buyers, downsizers, or investors seeking a modern, turn-key property in a top-rated community without the upkeep of a house. Its appeal is less about the unit's specific size or assessed value (which ranks lower locally) and more about securing a newer, affordable foothold in a neighbourhood that outperforms 99-100% of others. It’s a pragmatic choice for those who prioritize community amenities, walkability, and newer construction over a larger private yard or garage.

Frequently Asked Questions

Q: What does the "area rank" actually mean for me?
A: Ranking in the top 1% on its street and top 0% in the neighbourhood is a significant data point. It doesn't reflect the unit's size or value, but rather the desirability of its specific location within Bridgwater Forest—likely factoring in proximity to parks, pathways, or community amenities.

Q: The assessed value seems low. Is that a concern?
A: Not necessarily. Municipal assessed value for tax purposes often lags behind market value and can vary greatly from sale price. The 2022 sale at $280k is a more current indicator of its market worth.

Q: There's no garage. Where do residents park?
A: The listing specifies no private garage. Parking would be via assigned surface spots, a parkade, or on-street permits. This is a key detail to confirm with the condo corporation, as it impacts convenience and potential monthly costs.

Q: The living area ranks lower than the location. Is it small?
A: At just over 1,000 sqft, it's a manageable size for a condo. The lower ranking (e.g., top 89% in the neighbourhood) reflects that many nearby homes are larger single-family dwellings, not that the unit itself is unusually small for a condo.

Q: The building is 11 years old. What should I check?
A: This is an ideal age for a condo review. Major building envelope warranties (often 10 years) may be recently expired or undergoing renewal. A status certificate review is crucial to understand the reserve fund health and if any special assessments related to building maturity are planned.

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