313-10 Hill Grove Point

Property Overview

This 1,031 sqft property at 313-10 Hill Grove Point in Bridgwater Forest is a modern, low-maintenance home built in 2016. Its primary appeal lies in its location within a highly desirable, master-planned community, offering newer construction and a turnkey lifestyle. The data indicates it ranks in the top tier for its street, neighbourhood, and city in terms of area, suggesting a premium lot or positioning within the complex. However, it’s important to note the living space is more compact compared to many area homes, ranking in the 13th percentile for the neighbourhood. This creates a specific value proposition: you are buying into a top-rated location and a relatively new build, but with a more efficient footprint.

The property would ideally suit first-time homebuyers, downsizers, or investors seeking a modern, low-upkeep property in a sought-after suburban area. It appeals to those who prioritize community amenities, newer building standards, and location over expansive square footage. A thoughtful perspective is that this represents an entry point into a high-ranking neighbourhood without the premium price of a larger house, though the condo or strata fees (not listed here but typical for such properties) would be a key factor in the total monthly cost.

Key Details & FAQs

Key Characteristics & Appeal

• Modern & Low-Maintenance: Built in 2016, this home offers contemporary building standards and likely requires minimal immediate upkeep, perfect for a lock-and-leave lifestyle.
• Premium Location: The property ranks in the top 3% for its lot/area on its street and in the top 0% for its neighbourhood and all of Winnipeg, indicating an excellent position within the popular Bridgwater Forest community.
• Efficient Footprint: With 1,031 sqft of living space, the home is efficient and likely easier to maintain and heat/cool than larger properties, though it offers less room than many in the area.
• Stable Value History: The assessed value has remained stable, with a slight increase from its 2017 and 2020 sale prices, showing consistency in a desirable area.

Ideal For
This home is best suited for first-time buyers entering the market in a premium community, empty-nesters looking to downsize without compromising on location or modernity, or investors attracted to a newer property in a high-demand rental area.

Frequently Asked Questions

1. What type of property is this exactly?
The listing does not specify a building type (e.g., condo, townhouse, detached), but the address format, lack of a basement, and "Hill Grove Point" name strongly suggest it is a condominium or strata townhouse unit. Prospective buyers must confirm the exact property type and associated monthly fees.

2. Why is the living area ranked lower than the location?
The home ranks highly for its land area or positioning but lower for living area. This means it likely sits on a desirable lot within the complex but is a more compact unit compared to many single-family homes in the broader neighbourhood. It highlights the trade-off between location and size.

3. Are there any monthly condo or association fees?
This critical information is not provided in the data. For any property in a complex like this, it is essential to inquire about monthly condo or homeowners' association fees, what they cover, and the financial health of the reserve fund.

4. What does "No Basement" mean for storage and utilities?
The home has no basement. Buyers should consider where mechanical systems (furnace, water heater) are located and plan for alternative storage solutions, as in-suite storage space may be limited.

5. The assessed value is stable, but what are the property taxes?
While the assessed value is listed at $26.20k, property taxes are calculated separately. You should use this assessed value to estimate annual property taxes for budgeting purposes.