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320-10 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

320-10 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
1,037 sqft
Top 21%19/92
Top 44%197/444
Top 45%12047/26841

320-10 Hill Grove Point: For Living Area. On Hill Grove Point, above averageTop 21%, rank 19 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 44%, rank 197 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 45%, rank 12047 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

320-10 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 2/202025.80k
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%

Sold 1/201727.10k
MetricSame streetSame areaCity-wide
Sale price
27.10k
Top 48%44/92

Around average

same street Top 48%

Top 55%243/444

Around average

neighbourhood Top 55%

Top 37%9806/26841

Around average

Winnipeg Top 37%

Highlights & common questions: 320-10 Hill Grove Point, Winnipeg

Property Overview: 320-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Appeal

This is a well-situated condo unit in the popular Bridgwater Forest neighbourhood, built in 2016. Its primary appeal lies in its exceptional location rankings within both the neighbourhood and the wider city, suggesting a highly desirable and established pocket of the community. The unit offers a modern, low-maintenance lifestyle with just over 1,000 square feet of living space.

The property is best suited for first-time buyers, downsizers, or investors seeking a modern, "lock-and-leave" home in a top-rated area. Its strong locational scores indicate an appealing lifestyle with access to the area's pathways, parks, and amenities. A thoughtful perspective for buyers is to weigh the benefits of its premier location against the condo's more average rankings for living space and assessed value within its immediate street—this is a home where the value is heavily anchored in its setting within Bridgwater Forest, not necessarily in its size or standalone valuation. The recent sale history suggests a stable market, but the last sale price was notably lower than previous transactions, making a review of current condo finances and market conditions essential.

Frequently Asked Questions

1. What do the location rankings actually mean?
The rankings indicate this specific unit's address is in a highly sought-after position. It ranks in the top 3% on its street and top 0% in both Bridgwater Forest and all of Winnipeg for area desirability, which is a significant standout feature.

2. Is this a good value based on the assessed value?
The assessed value is consistent with similar properties across Winnipeg. However, within its own neighbourhood and street, it ranks in the bottom half for assessed value, which could be seen as an opportunity but also warrants investigation into the unit specifics and condo corporation health.

3. Why was the 2020 sale price lower than the 2017 sale price?
This is a key question for due diligence. While market fluctuations occur, a sale price below a previous sale and the current assessed value requires clarification. Reviewing the sale circumstances and any changes to the condo unit or corporation at that time is recommended.

4. What are the monthly condo fees, and what do they include?
This critical information is not provided in the data. Prospective buyers must obtain a current status certificate detailing the monthly fees, reserve fund health, included utilities (heat, water), and any special assessments or pending major repairs.

5. Are there any restrictions on rentals for investors?
Given the property type, the condo corporation likely has bylaws governing owner-occupancy versus rental units. Investors must verify the specific rules, any rental caps, and application processes before purchasing.

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