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242-25 Bridgeland Drive N

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

242-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, 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
937 sqft
Top 78%251/321
Top 84%374/444
Top 56%15131/26841

242-25 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
26.40k
Top 63%201/321
Top 70%310/444
Top 39%10397/26841

242-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 63%, rank 201 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 70%, rank 310 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 39%, rank 10397 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 5/202328.20k
MetricSame streetSame areaCity-wide
Sale price
28.20k
Top 48%154/321

Around average

same street Top 48%

Top 45%200/444

Around average

neighbourhood Top 45%

Top 34%9083/26841

Around average

Winnipeg Top 34%

Sold 5/201624.10k
MetricSame streetSame areaCity-wide
Sale price
24.10k
Top 87%278/321

Below average

same street Top 87%

Top 90%401/444

Below average

neighbourhood Top 90%

Top 46%12368/26841

Around average

Winnipeg Top 46%

Highlights & common questions: 242-25 Bridgeland Drive N, Winnipeg

Property Overview

This 937 sqft home, built in 2015, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its modern age and exceptional location within a master-planned community, offering newer construction amenities without the premium of a brand-new build. The home ranks in the top tier for its street and area, indicating a well-regarded and consistent setting. It would suit first-time buyers, downsizers, or investors seeking a low-maintenance property in a family-oriented area with extensive pathways and community amenities. A thoughtful perspective is that this property represents an efficient entry point into a high-demand neighbourhood, where the value is anchored more in the location and community lifestyle than in the size of the home itself.

Key Details & FAQs

Key Characteristics & Appeal:

  • Modern & Efficient: Built in 2015, this home is relatively new, likely requiring fewer immediate repairs and featuring contemporary layouts and finishes.
  • Prime Location: It ranks in the top 1% of its street and top 0% of its neighbourhood, underscoring a premier position within the sought-after, master-planned Bridgwater Forest community.
  • Buyer Profile: Ideal for first-time homeowners seeking a modern, manageable property, downsizers looking for a low-maintenance lifestyle in an active community, or investors attracted by the consistent demand in the area.

Frequently Asked Questions:

1. What does the ranking data actually mean?
The rankings compare this property against all others on its street, in Bridgwater Forest, and across Winnipeg. For example, being in the top 1% on its street highlights an exceptionally good lot location within that immediate area.

2. Why is the living area ranked lower than other metrics?
At 937 sqft, the home is compact compared to many in the area. This reflects its likely design as a starter home, condo alternative, or efficient space, which is reflected in its accessible assessed value.

3. Has the property value increased?
Yes. The home sold for $24.1k in 2016 and $28.2k in 2023, showing steady appreciation. The current assessed value is $26.4k.

4. What are the obvious trade-offs for this property?
The data suggests you are prioritizing a newer home in an elite location within a top neighbourhood over square footage. The appeal is lifestyle and location efficiency.

5. What should I investigate about the property type?
The listing shows "Basement: No" and "Garage: None." It’s important to clarify the exact property type (e.g., townhome, condominium, or detached home) and understand any associated maintenance fees or bylaws.

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