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409-10 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

409-10 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
1,026 sqft
Top 79%73/92
Top 59%261/444
Top 46%12392/26841

409-10 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
27.30k
Top 37%34/92
Top 52%231/444
Top 36%9667/26841

409-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, around averageTop 37%, rank 34 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 52%, rank 231 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 36%, rank 9667 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 8/202330.50k
MetricSame streetSame areaCity-wide
Sale price
30.50k
Top 17%16/92

Above average

same street Top 17%

Top 37%163/444

Around average

neighbourhood Top 37%

Top 28%7405/26841

Above average

Winnipeg Top 28%

Sold 4/202025.20k
MetricSame streetSame areaCity-wide
Sale price
25.20k
Top 100%93/92

Below average

same street Top 100%

Top 82%366/444

Below average

neighbourhood Top 82%

Top 42%11256/26841

Around average

Winnipeg Top 42%

Sold 1/201723.30k
MetricSame streetSame areaCity-wide
Sale price
23.30k
Top 100%93/92

Below average

same street Top 100%

Top 91%406/444

Below average

neighbourhood Top 91%

Top 49%13075/26841

Around average

Winnipeg Top 49%

Highlights & common questions: 409-10 Hill Grove Point, Winnipeg

Property Overview & Appeal

This 2016-built condominium in Bridgwater Forest offers a modern, low-maintenance lifestyle. Its key appeal lies in its prime location within a highly desirable master-planned community, ranking in the top tier for its neighbourhood and city-wide. The home is newer than 93% of properties in Winnipeg, providing contemporary construction without the concerns of an aging building.

The unit would best suit first-time buyers, downsizers, or investors seeking a turnkey property in a top-rated area. Its strong neighbourhood ranking suggests a stable and sought-after location, which is a significant draw. A thoughtful perspective for buyers is to consider the balance between the unit's smaller living space (just over 1,000 sq ft) and its exceptional locational prestige. You're investing more in the community and modern building quality than in square footage. The lack of a private garage or basement is typical for the style but means storage and vehicle shelter will be common-area dependent.

Frequently Asked Questions

What do the "Top X%" rankings actually mean?
They indicate how this property compares to others in the area for a specific metric. For example, ranking "Top 3%" in the neighbourhood means it is estimated to be in the better 3% of all 1,121 comparable properties, a strong indicator of its relative desirability.

Is the assessed value the same as the market value?
No. The assessed value ($27,300) is for municipal tax purposes. The most recent sale in August 2023 was for $30,500, which is a more current indicator of market value, showing a steady increase from its 2017 sale price.

What are the implications of having no private garage?
You will rely on surface or designated parking. This is a common trade-off for low-maintenance condo living. It's important to inquire with the condominium corporation about visitor parking, winter parking rules, and whether there are any additional storage options available for residents.

The living area ranks lower than the location. Is that a concern?
This reflects the property type. It's a compact, efficiently designed condo in a premier area. The ranking confirms that while the space is typical for the format, you are paying for the quality and location of the community, not a large footprint.

How stable has the property's value been?
The sale history shows consistent appreciation from $23,300 in 2017 to $30,500 in 2023. This suggests a stable investment in a growing community, with the most recent sale price well above the current assessed value.

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