407-15 Bridgeland Drive S

Property Overview & Appeal

This 2010-built home in Bridgwater Forest is a 1,349 sqft property that presents a specific and compelling value proposition. Its key characteristic is its standout location within a highly desirable master-planned community. The data shows it ranks in the top 1% of properties on its street and top 0% within both the neighbourhood and the entire city of Winnipeg for its area, indicating an exceptionally well-situated lot. While the home itself is modest in size with no basement, garage, or pool, its appeal lies in the rare opportunity to secure a prime lot in a sought-after, family-oriented area with newer infrastructure. The assessed value is notably accessible for the location.

This property would suit a first-time buyer or downsizer prioritizing location and community amenities over square footage, who is comfortable with a compact, low-maintenance layout. It’s also a strategic purchase for a land-value investor, given the high land ranking, with the understanding that the existing structure may be updated or replaced over time. It’s less suited for those requiring ample storage, multiple vehicle parking, or expansive living space.

Frequently Asked Questions

1. What does the "land area rank" actually mean?
It means this specific lot is larger than 99% of other lots on Bridgeland Drive S and is in the 99th percentile for the entire city. The appeal is in the land itself, which is a scarce commodity in a mature, popular neighbourhood like Bridgwater Forest.

2. The home has no basement or garage. How does that impact livability?
It means all living and storage must be accommodated within the 1,349 sqft footprint. Buyers should plan for creative storage solutions and consider the trade-off: you gain a premier location but sacrifice the utility and expansion space those features provide.

3. The assessed value seems low for the area. Is this accurate?
The assessed value of $33,800 is a municipal valuation for tax purposes, not a market price. It reflects the property's characteristics (size, age, features) relative to others. The last sale was $275,000 in 2020; current market value would be determined by recent comparable sales and market conditions.

4. Who would the neighbouring properties be, given the addresses listed?
The "Nearby properties" list, with addresses like 110-15 and 112-15 Bridgeland Drive S, indicates this is likely a townhouse, condo, or zero-lot-line property within a complex, as these are unit numbers, not standalone street numbers. This explains the lack of a private garage.

5. The home is 16 years old. What should I check regarding its condition?
Built in 2010, major components like the roof, windows, HVAC, and appliances may be nearing the end of their typical lifespans. A thorough inspection is crucial to understand the remaining service life and plan for potential upcoming replacements.