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316-25 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

316-25 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
1,014 sqft
Top 64%207/321
Top 74%330/444
Top 48%12773/26841

316-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around averageTop 64%, rank 207 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 74%, rank 330 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 48%, rank 12773 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
26.90k
Top 56%181/321
Top 60%268/444
Top 37%9986/26841

316-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 56%, rank 181 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 60%, rank 268 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 37%, rank 9986 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 10/202327.50k
MetricSame streetSame areaCity-wide
Sale price
27.50k
Top 52%168/321

Around average

same street Top 52%

Top 52%231/444

Around average

neighbourhood Top 52%

Top 36%9541/26841

Around average

Winnipeg Top 36%

Sold 9/2020240k
MetricSame streetSame areaCity-wide
Sale price
240k
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: 316-25 Bridgeland Drive N, Winnipeg

Property Summary: 316-25 Bridgeland Drive N, Bridgwater Forest

Key Characteristics & Appeal

This 1,014 sqft property, built in 2013, presents a practical and affordable entry point into the popular, master-planned community of Bridgwater Forest. Its primary appeal lies in its modern build year within a highly sought-after neighbourhood, as reflected in its top-tier rankings for location. The home sits on a street ranked better than 99% of others in its immediate area and is in the top 1% of its neighbourhood for location desirability. While the living space is compact, the recent sale history shows stable value. This home would suit first-time buyers, investors seeking a modern rental property in a stable area, or downsizers looking for a low-maintenance lifestyle in a newer community without the premium price tag of a larger house. A thoughtful perspective is that this property offers the "bones" of a well-located, newer build, providing a solid foundation for owners who may prioritize community amenities and location over interior square footage.

Frequently Asked Questions

1. What does the high location ranking actually mean?
The rankings indicate that, based on the platform's internal metrics, this specific address on Bridgeland Drive N is considered more desirable than the vast majority of other streets in Bridgwater Forest and all of Winnipeg. This typically factors in elements like proximity to parks, pathways, or community centres.

2. Why is the living area ranked lower than the location?
The home's square footage (1,014 sqft) is smaller than many others in the area, which is common for certain property types like townhomes or condos. The high location ranking and modern build year are the key value drivers here, appealing to those who prioritize community over sheer indoor space.

3. How should I interpret the past sale prices?
The property sold for $240k in 2020 and $275k in 2023. This recent increase suggests a strong market response, but it's essential to have a current market evaluation to understand today's value, as past performance doesn't guarantee future results.

4. Are there any obvious drawbacks from the listed features?
The data notes no basement, no garage, and no listed pool. Buyers who require significant storage, vehicle shelter, or these specific amenities should factor this into their decision.

5. What is the significance of the "Similar Assessed Value" properties listed?
These are properties across Winnipeg with the same municipal assessed value ($26,900). They are not necessarily similar in type or location but indicate what price point the city has placed on this property for taxation purposes, which can be useful for comparing tax burdens.

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