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406-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2012 14 years ago
Top 60%191/321
Top 64%283/444
Top 25%6754/26841

406-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, around averageTop 60%, rank 191 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, around averageTop 64%, rank 283 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 25%, rank 6754 of 26841, and comparable homes in that group average about 1990.

Living Area
967 sqft
Top 70%225/321
Top 78%348/444
Top 53%14252/26841

406-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around averageTop 70%, rank 225 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 78%, rank 348 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 53%, rank 14252 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
26.70k
Top 61%195/321
Top 66%291/444
Top 38%10149/26841

406-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 61%, rank 195 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 66%, rank 291 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 38%, rank 10149 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 4/2022280k
MetricSame streetSame areaCity-wide
Sale price
280k
Top 49%157/321

Around average

same street Top 49%

Top 47%207/444

Around average

neighbourhood Top 47%

Top 35%9288/26841

Around average

Winnipeg Top 35%

Highlights & common questions: 406-25 Bridgeland Drive N, Winnipeg

Property Overview

This 967 sqft home, built in 2012, is a compact and efficient property in the popular Bridgwater Forest neighbourhood. Its key appeal lies in its modern build year within a well-regarded, master-planned community known for its pathways, parks, and family-friendly amenities. The home suits first-time buyers, downsizers, or investors seeking a low-maintenance entry point into a top-ranked area. While the living space is modest, the property's strength is its location, ranking in the top 1% of its street and top 0% of both its neighbourhood and the entire city of Winnipeg for its area/position. This suggests a well-placed lot within a highly desirable community. The most recent sale was in April 2022 for $288,000, with a current assessed value of $267,000. It's important to note the home has no basement, no garage, and no pool, emphasizing a simplified, ground-level lifestyle.

Key Considerations & FAQs

  1. What does "no basement" practically mean for storage and utilities?
    The absence of a basement limits traditional storage and mechanical space. Buyers should inquire about where the furnace, water heater, and electrical panel are located, and consider the home's built-in storage solutions and the potential for a shed.

  2. The home ranks very high for location but lower for size. What does this trade-off mean?
    You are primarily investing in the land and the community. This is a chance to live in a top-tier neighbourhood with the trade-off of a more compact living footprint, requiring efficient use of space or potential future expansion (subject to permits).

  3. How does the 2022 sale price compare to the current assessed value?
    The 2022 sale price of $288,000 is slightly above the current $267,000 assessment. Assessments are for tax purposes and can differ from market value. A buyer's agent should analyze recent comparable sales to determine the current fair market price.

  4. With no garage, what are the parking arrangements?
    Clarify the parking setup. Is there a dedicated driveway, a carport, or only street parking? Understanding this is crucial for daily convenience, especially during Winnipeg winters.

  5. The property ranks very low for size within Bridgwater Forest. Is this typical of the area?
    No, this home is smaller than 94% of properties in the neighbourhood. This uniqueness can be an advantage for those seeking lower utility costs and maintenance, but it's important to ensure the layout and size meet your long-term needs.

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