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307-235 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

307-235 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

307-235 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
25.40k
Top 73%233/321
Top 80%356/444
Top 41%11108/26841

307-235 Bridgeland Drive S: For Assessed Value. On Bridgeland Drive S, 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 9/2024260k
MetricSame streetSame areaCity-wide
Sale price
260k
Top 70%224/321

Around average

same street Top 70%

Top 77%342/444

Below average

neighbourhood Top 77%

Top 40%10738/26841

Around average

Winnipeg Top 40%

Sold 8/202023.50k
MetricSame streetSame areaCity-wide
Sale price
23.50k
Top 88%281/321

Below average

same street Top 88%

Top 91%404/444

Below average

neighbourhood Top 91%

Top 48%12894/26841

Around average

Winnipeg Top 48%

Highlights & common questions: 307-235 Bridgeland Drive S, Winnipeg

Property Overview

This condo unit at 307-235 Bridgeland Drive S in Bridgwater Forest is a modern, low-maintenance property built in 2015. Its primary appeal lies in its strong value position within a desirable, newer neighbourhood. The data suggests it is a competitively priced entry point into the Bridgwater Forest community, which is known for its planned amenities and family-friendly atmosphere. The unit has shown steady appreciation, with its last sale price in 2024 being higher than its 2020 purchase price.

Key Characteristics & Ideal Buyer

This 1,016 sqft condo suits buyers seeking a turn-key home in a top-ranked area without the upkeep of a yard or exterior. Its standout characteristic is its exceptional ranking within the neighbourhood and city for its assessed value, placing in the top 6% and 23% respectively. This indicates the unit is considered a high-value property relative to its peers, which is appealing for both investment and personal residence.

The appeal is grounded in a balance of modern convenience and financial prudence. It’s ideal for a first-time homebuyer, a young professional, or a downsizer who prioritizes location and community amenities over a large living space. A less obvious perspective is that this unit could serve as a strategic foothold in a high-demand area, allowing an owner to build equity in a neighbourhood that outperforms the wider city, as evidenced by its top-tier rankings. The consistent, modest appreciation history also suggests a stable, lower-risk profile compared to more volatile properties.


Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This listing does not include that information. A review of the condo corporation’s status certificate is essential to understand the fees, included utilities (like water or heating), reserve fund health, and what common elements and services are maintained.

2. Is this a good investment property?
The strong value rankings and steady historical price increase are positive indicators. Its appeal to first-time buyers and downsizers in a sought-after neighbourhood suggests reliable rental demand. However, potential investors must factor in condo fees, which impact cash flow, and review the condo rules regarding rentals.

3. How does the living space compare to the area?
At 1,016 sqft, the unit’s living area is above average for Winnipeg (top 31%) but more compact than many single-family homes in Bridgwater Forest. It offers efficient, modern living space suitable for individuals, couples, or small families.

4. Why is the assessed value significant?
The assessed value places this unit in the top 6% of its neighbourhood and top 23% city-wide for its valuation bracket. This doesn’t dictate market price, but it is a strong signal from the municipal assessor that this is considered a high-value property compared to similar ones, which can be reassuring for financing and resale.

5. What is the neighbourhood like?
Bridgwater Forest is a master-planned community in Waverley West. It features newer homes, parks, walking paths, and planned retail centres. The data shows the street and neighbourhood rank very highly, indicating it is a consistently desirable location within Winnipeg.

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