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204-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2012 14 years ago
Top 60%191/321
Top 64%283/444
Top 25%6754/26841

204-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, around averageTop 60%, rank 191 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, around averageTop 64%, rank 283 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 25%, rank 6754 of 26841, and comparable homes in that group average about 1990.

Living Area
937 sqft
Top 78%251/321
Top 84%374/444
Top 56%15131/26841

204-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 78%, rank 251 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 84%, rank 374 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 56%, rank 15131 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
25.50k
Top 72%230/321
Top 80%353/444
Top 41%10999/26841

204-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, below averageTop 72%, rank 230 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 80%, rank 353 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 41%, rank 10999 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 9/202023.30k
MetricSame streetSame areaCity-wide
Sale price
23.30k
Top 91%291/321

Below average

same street Top 91%

Top 93%414/444

Below average

neighbourhood Top 93%

Top 49%13192/26841

Around average

Winnipeg Top 49%

Sold 6/201725.60k
MetricSame streetSame areaCity-wide
Sale price
25.60k
Top 72%230/321

Below average

same street Top 72%

Top 80%353/444

Below average

neighbourhood Top 80%

Top 41%10955/26841

Around average

Winnipeg Top 41%

Highlights & common questions: 204-25 Bridgeland Drive N, Winnipeg

Property Overview

This 937 sqft property, built in 2012, is a compact and efficient home in the popular Bridgwater Forest neighbourhood. Its key appeal lies in its modern age and exceptional location rankings—it sits in the top 1% of its street and top 0% of both its neighbourhood and all of Winnipeg for its area. This indicates a highly desirable and well-situated lot. While the living space is modest, the home benefits from newer construction and a stable assessment history, with its current value closely mirroring its 2017 sale price.

It would suit a first-time buyer, an investor, or someone looking to downsize without compromising on a prime community location. The appeal is for those who prioritize a modern build in a top-ranked area over square footage, and who are comfortable with a home that has no basement, garage, or private yard.

Key Questions & Answers

1. What does "rank by area" actually mean?
The rankings compare this specific property lot size against others. Being in the top 1% on its street and top 0% in Winnipeg for area means its land parcel is larger than nearly all others in the comparison, which is a significant and rare asset, even for a smaller home.

2. The living area is ranked lower. Is the house too small?
The living area (937 sqft) is compact, ranking in the lower percentiles. This confirms the home is best for individuals, couples, or small families who value efficient living. The trade-off is acquiring a newer home in a premier location without a premium price for excess space.

3. How stable is the property's value?
The assessed value has remained remarkably consistent, from a sale of $25.6k in 2017 to an assessment of $25.5k now. This suggests a stable market perception, not subject to volatile swings, which can be appealing for long-term planning.

4. What are the implications of having no basement or garage?
This means significantly lower maintenance and no risk of basement moisture issues, but it also requires creative storage solutions. All living and utilities are on one level, which could be a benefit for accessibility. Secure parking or a storage shed would be considerations.

5. The home sold in 2020 for $23.3k, less than the 2017 price. Should I be concerned?
This does not necessarily indicate a problem with the property. It could reflect specific sale conditions, updates needed at the time, or a personal transaction. The assessed value has since aligned with the earlier 2017 sale price, indicating the market corrects to that level.

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