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219-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2013 13 years ago
Top 43%139/321
Top 52%231/444
Top 23%6058/26841

219-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, around averageTop 43%, rank 139 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, around averageTop 52%, rank 231 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 23%, rank 6058 of 26841, and comparable homes in that group average about 1990.

Living Area
890 sqft
Top 86%276/321
Top 90%399/444
Top 64%17062/26841

219-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 86%, rank 276 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 90%, rank 399 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 64%, rank 17062 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
23.10k
Top 91%291/321
Top 93%414/444
Top 49%13277/26841

219-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, below averageTop 91%, rank 291 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 93%, rank 414 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 49%, rank 13277 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 11/2021220k
MetricSame streetSame areaCity-wide
Sale price
220k
Top 98%314/321

Below average

same street Top 98%

Top 98%437/444

Below average

neighbourhood Top 98%

Top 54%14468/26841

Around average

Winnipeg Top 54%

Highlights & common questions: 219-25 Bridgeland Drive N, Winnipeg

Property Summary: 219-25 Bridgeland Drive N, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This is a compact, modern property built in 2013 within Winnipeg's popular Bridgwater Forest community. Its primary appeal lies in its location, ranking in the top tier for its street and neighbourhood. The home offers a low-maintenance lifestyle with no basement and no garage, focusing squarely on its efficient 890 sqft living space.

The property suits first-time buyers or downsizers seeking an affordable entry into a highly regarded, newer suburban area without the upkeep of a larger house or yard. It also presents a potential opportunity for investors looking for a modern rental in a consistently high-demand neighbourhood. A thoughtful perspective: while the interior space is modest, the exceptional location scores offer intangible value—access to community pathways, newer infrastructure, and a sense of community often outweigh square footage for the right buyer. The significant gap between the last sold price ($220k in 2021) and the current assessed value ($23.1k) is important to note; this typically indicates a condominium title where the value is primarily in the unit, not the land.

Section 2: Frequently Asked Questions

1. Is this a house or a condominium?
Based on the data, this is almost certainly a condominium (or similar titled property). The assessed value is very low for a freehold house, and the listing shows "No" for basement and "None" for garage, which is common for condo units.

2. What do the "Top %" rankings mean?
These rankings compare this property against all others in the listed category (Street, Neighbourhood, City). For example, "Better than 99% in same street" means this property's metric (likely land value or overall assessment) ranks higher than 99% of its direct neighbours, highlighting a strong relative position.

3. Why is the assessed value so much lower than the last sale price?
For condominiums, the municipal assessed value often reflects only the unit value, not the shared land and building. The sale price represents the full market value of the unit, while the assessment is used for property tax calculations and is not an indicator of market selling price.

4. Who would this property not suit?
It would not suit buyers needing significant storage, vehicle shelter (as there is no garage), or multiple bedrooms. Those looking for a traditional freehold home with a private yard and basement should consider other options.

5. What should I investigate about the condo fees?
Prospective buyers must request details on the monthly condominium fees and what they cover (e.g., exterior maintenance, building insurance, reserve fund contributions). This is a crucial ongoing cost not reflected in the property data shown.

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