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405-10 Hill Grove Point

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2015 11 years ago
Top 62%57/92
Top 13%57/444
Top 17%4538/26841

405-10 Hill Grove Point: For Year Built. On Hill Grove Point, around averageTop 62%, rank 57 of 92, and comparable homes in that group average about 2016. in Bridgwater Forest, above averageTop 13%, rank 57 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 17%, rank 4538 of 26841, and comparable homes in that group average about 1990.

Living Area
1,026 sqft
Top 79%73/92
Top 59%261/444
Top 46%12392/26841

405-10 Hill Grove Point: For Living Area. On Hill Grove Point, below averageTop 79%, rank 73 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 59%, rank 261 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 46%, rank 12392 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
27.60k
Top 34%31/92
Top 51%227/444
Top 35%9482/26841

405-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, around averageTop 34%, rank 31 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 51%, rank 227 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 35%, rank 9482 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 9/2019250k
MetricSame streetSame areaCity-wide
Sale price
250k
Top 100%93/92

Below average

same street Top 100%

Top 84%373/444

Below average

neighbourhood Top 84%

Top 42%11406/26841

Around average

Winnipeg Top 42%

Highlights & common questions: 405-10 Hill Grove Point, Winnipeg

Property Overview: 405-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Appeal

This is a well-situated condominium in the popular Bridgwater Forest neighbourhood, built in 2015. Its primary appeal lies in its exceptional location rankings—it sits in the top 3% of its street and the top 0% for both its neighbourhood and all of Winnipeg for area, indicating a highly desirable setting. The unit offers 1,026 sqft of living space.

The property is best suited for buyers seeking a low-maintenance lifestyle in a top-rated area without a premium price tag for a larger home. It appeals to first-time buyers, downsizers, or investors attracted by the strong locational metrics. The very low assessed value suggests modest condo fees, which is a significant financial consideration. A thoughtful perspective is that while the living area is compact, the outstanding location scores could mean better access to amenities, greenspace, or a more premium pocket within Bridgwater Forest, offering value that isn't just about square footage. The sale history shows it last sold in 2019 for $250k, providing a clear recent benchmark for market comparison.

Frequently Asked Questions

1. What does the "Top 0% in Neighbourhood" ranking actually mean?
This means the property's land area (or lot) is ranked #1 out of 1,121 comparable properties in Bridgwater Forest, indicating it has one of the most desirable settings or layouts within the community.

2. Why is the Assessed Value so much lower than the last sale price?
The assessed value of $27,600 is for municipal tax purposes only and is not an indicator of market value. For condos, it typically reflects a portion of the entire complex's land value, not the unit's selling price. The 2019 sale price of $250k is the relevant market benchmark.

3. Does "Garage: None" mean there is no parking?
Not necessarily. It means there is no private garage. Many condos offer titled underground parking stalls or surface parking. This detail would need to be confirmed in the full listing.

4. The living area is ranked in the bottom third for the street. Is the unit small?
At 1,026 sqft, it is below the average size for other units on Hill Grove Point. This suggests it's a compact or efficient layout, which often translates to lower utility costs and condo fees.

5. The property last sold in 2019. What does that tell me?
It provides a solid, recent price point for the unit before recent market shifts. It can help gauge the owner's potential equity and sets a foundation for understanding current value, especially when compared to similar units sold more recently.

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