| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2012 (14 years ago) | Top 60%191/321 Avg2013 Top 64%283/444 Avg2013 Top 25%6754/26841 Avg1990 404-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, around average — Top 60%, rank 191 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, around average — Top 64%, rank 283 of 444, and comparable homes in that group average about 2013. citywide, above average — Top 25%, rank 6754 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,026 sqft | Top 50%162/321 Avg1,122 sqft Top 59%261/444 Avg1,130 sqft Top 46%12392/26841 Avg1,042 sqft 404-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around average — Top 50%, rank 162 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, around average — Top 59%, rank 261 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around average — Top 46%, rank 12392 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 27.80k | Top 50%162/321 Avg28.80k Top 48%212/444 Avg290k Top 35%9339/26841 Avg25.60k 404-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around average — Top 50%, rank 162 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around average — Top 48%, rank 212 of 444, and comparable homes in that group average about 290k. citywide, around average — Top 35%, rank 9339 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 250k | Top 78%250/321 Avg Below average same street Top 78% | Top 84%373/444 Avg Below average neighbourhood Top 84% | Top 42%11406/26841 Avg Around average Winnipeg Top 42% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 24.50k | Top 81%261/321 Avg Below average same street Top 81% | Top 86%384/444 Avg Below average neighbourhood Top 86% | Top 44%11819/26841 Avg Around average Winnipeg Top 44% |
Property Overview
This 1,026 sqft home, built in 2012, is situated in the popular Bridgwater Forest neighbourhood. Its key appeal lies in a combination of modern age and a premier location within a master-planned community. The home ranks in the top 1% for lot size on its street and is in the top tier for location within both the neighbourhood and the entire city, indicating a highly desirable setting. It suits first-time buyers or downsizers seeking a low-maintenance, modern property in a family-oriented area with extensive pathways and amenities. The recent sale price of $250,000 (April 2024) represents a significant increase from its 2017 sale price of $24,500, reflecting strong market demand for well-located homes in this community.
A thoughtful perspective: While the living area is compact, the premium lot ranking suggests valuable outdoor space, which is a key feature in a suburban community. The substantial appreciation highlights the property as a solid entry point into a high-demand area, though buyers should note it does not include a basement or garage.
Frequently Asked Questions
1. What does the "top 1% for lot size" ranking actually mean?
It means this property's land area is larger than 99% of the other lots on Bridgeland Drive N. In a newer community where lots can vary, this indicates a more generous outdoor space compared to its immediate neighbours.
2. Why is there such a large difference between the Assessed Value ($27.8k) and the recent Sale Price ($250k)?
Municipal assessed values in Manitoba are primarily for taxation purposes and often do not reflect current market value. The sale price is the true indicator of what the property is worth in today's market.
3. Who is this home best suited for?
It's an ideal fit for first-time homebuyers, empty-nesters looking to downsize, or investors seeking a modern property in a rental-friendly community. The lack of a basement or garage makes it a truly low-maintenance option.
4. The home ranks lower for living area size. How will that impact daily life?
With 1,026 sqft, the floor plan will be efficient. It will suit individuals, couples, or small families who prioritize location and community amenities over expansive indoor space. Smart storage solutions will be important.
5. What is the significance of the two very different past sale prices?
The 2017 sale at $24,500 was likely a distressed sale, builder transfer, or lot-only transaction. The 2024 sale at $250k is the relevant, arms-length market transaction that should be used for current valuation and comparison.
Address · Distance
Address · Assessed Value