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318-10 Hill Grove Point

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2016 10 years ago
Top 1%1/92
Top 1%1/444
Top 13%3554/26841

318-10 Hill Grove Point: For Year Built. On Hill Grove Point, EliteTop 1%, rank 1 of 92, and comparable homes in that group average about 2016. in Bridgwater Forest, EliteTop 1%, rank 1 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 13%, rank 3554 of 26841, and comparable homes in that group average about 1990.

Living Area
1,036 sqft
Top 66%61/92
Top 54%239/444
Top 45%12098/26841

318-10 Hill Grove Point: For Living Area. On Hill Grove Point, around averageTop 66%, rank 61 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 54%, rank 239 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 45%, rank 12098 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
27.70k
Top 26%24/92
Top 48%214/444
Top 35%9430/26841

318-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, above averageTop 26%, rank 24 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 48%, rank 214 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 35%, rank 9430 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 4/201725.80k
MetricSame streetSame areaCity-wide
Sale price
25.80k
Top 99%91/92

Below average

same street Top 99%

Top 78%347/444

Below average

neighbourhood Top 78%

Top 41%10891/26841

Around average

Winnipeg Top 41%

Highlights & common questions: 318-10 Hill Grove Point, Winnipeg

Property Overview: 318-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Appeal

This is a modern, low-maintenance property built in 2016, situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its exceptional location within a highly desirable master-planned community, ranking in the top tier for its street, neighbourhood, and even city-wide. The home offers a manageable 1,036 sqft of living space, suitable for individuals, couples, or small families seeking a turn-key residence without the upkeep of a yard or exterior maintenance.

The property is ideally suited for first-time homebuyers or downsizers looking for a modern home in a premier community. Its strong locational rankings suggest a well-regarded and stable area, which is a significant draw. Investors may also see value in a relatively newer build within a high-demand rental market like Bridgwater Forest. A thoughtful perspective is that while the living area is modest compared to some neighbours, this translates to lower utility costs and less space to furnish and maintain, aligning with a simpler, efficient lifestyle. The data indicates the home was last sold in 2017, meaning the current owner has enjoyed several years of stability in a top-ranked area.

Frequently Asked Questions

1. What type of dwelling is this exactly?
Based on the details (no basement, no garage, building type not specified, and neighbouring units with identical addresses), this is almost certainly a condominium-style property, likely a townhouse or garden home within a complex.

2. Why is the assessed value notably lower than typical sale prices in the area?
The assessed value of $27,700 is for municipal tax purposes only and is not an indicator of market value. In Manitoba, tax assessments are typically a fraction of a property's actual market price. The home's last recorded sale was for $258,000 in 2017.

3. How does the living space compare to the area?
At 1,036 sqft, the living area is more compact, ranking in the bottom third within Bridgwater Forest. This confirms it as a more efficient, cozy home rather than a spacious one, which is reflected in its appeal for low-maintenance living.

4. What do the "rank" percentages actually mean?
They show how this property compares to others. For example, "Better than 100% in neighbourhood" for area rank means no other property in Bridgwater Forest has a larger land area. Conversely, a "Better than 14%" rank for living area means 86% of homes in the neighbourhood are larger.

5. Is this a good investment given the sale history?
The data shows only one prior sale. While it indicates the owner purchased in 2017, true investment potential depends on current market conditions, condo fees, and recent comparable sales—factors not provided in this raw data set. Its outstanding locational rankings are a strong positive factor.

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