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212-25 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

212-25 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
917 sqft
Top 85%273/321
Top 89%396/444
Top 58%15597/26841

212-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 85%, rank 273 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 89%, rank 396 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 58%, rank 15597 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
25.40k
Top 73%233/321
Top 80%356/444
Top 41%11108/26841

212-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, below averageTop 73%, rank 233 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 80%, rank 356 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 41%, rank 11108 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 1/2024270k
MetricSame streetSame areaCity-wide
Sale price
270k
Top 54%173/321

Around average

same street Top 54%

Top 59%260/444

Around average

neighbourhood Top 59%

Top 37%9880/26841

Around average

Winnipeg Top 37%

Highlights & common questions: 212-25 Bridgeland Drive N, Winnipeg

Property Overview & Key Characteristics

This 2012-built home in Bridgwater Forest is a compact, efficiently designed property that recently sold for $270k. Its primary appeal lies in its location within a modern, master-planned community, offering a balance of newer construction and established neighbourhood amenities. The 917 sqft living area positions it as an entry-level or downsizing option in a highly desirable area.

The home would suit first-time buyers seeking a foothold in a top-ranked neighbourhood, or investors looking for a relatively modern property with low maintenance (note: no basement or garage). Its recent sale price, significantly above its assessed value, indicates strong market demand for well-located homes in this community, even with smaller square footage. A thoughtful perspective is that while the interior space is modest, the value is heavily anchored in the external factors: the lot location within the street and the exceptional rankings of the immediate area for livability. It represents a way to access a premier community at a lower price point by compromising on unit size and certain features.


Frequently Asked Questions

1. Why is the sold price so much higher than the assessed value?
Assessed value for tax purposes often lags behind current market value, especially in high-demand neighbourhoods. The sale price reflects what a buyer was recently willing to pay in the competitive market for Bridgwater Forest.

2. What does "no basement" mean for storage and utilities?
This typically indicates a slab-on-grade foundation. All living space is on the main level, with mechanical systems housed in a closet or utility room. Buyers should plan for creative storage solutions, as there is no below-ground storage area.

3. The home ranks low for living area within the neighbourhood. What does this imply?
It confirms this is one of the smaller homes in Bridgwater Forest. This isn't necessarily a drawback—it translates to a lower price point for the area, potentially lower utility costs, and less space to maintain, which can be appealing for specific lifestyles.

4. How significant are the high neighbourhood and street rankings?
Extremely significant. Ranking in the top 1% on its street and top 0% in Winnipeg for "area" (a composite livability score) means the specific location is considered exceptional. This often outweighs the home's physical limitations for many buyers.

5. With no garage, what are the parking options?
The listing indicates no garage, so parking would be via a driveway, a designated surface parking pad, or possibly on-street with a permit. It's essential to verify the exact parking provisions for this specific unit.

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