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416-10 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

416-10 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
1,025 sqft
Top 95%87/92
Top 64%285/444
Top 46%12434/26841

416-10 Hill Grove Point: For Living Area. On Hill Grove Point, below averageTop 95%, rank 87 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 64%, rank 285 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 46%, rank 12434 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
28.20k
Top 22%20/92
Top 45%200/444
Top 34%9083/26841

416-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, above averageTop 22%, rank 20 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 45%, rank 200 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 34%, rank 9083 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 6/202230.50k
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 2/201727.10k
MetricSame streetSame areaCity-wide
Sale price
27.10k
Top 48%44/92

Around average

same street Top 48%

Top 55%243/444

Around average

neighbourhood Top 55%

Top 37%9806/26841

Around average

Winnipeg Top 37%

Highlights & common questions: 416-10 Hill Grove Point, Winnipeg

Property Overview: 416-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Appeal

This is a modern, low-maintenance property built in 2016, situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its new-build quality within a master-planned community, offering a turnkey solution. With 1,025 sqft of living space and no basement, it suits buyers seeking a simple, efficient layout without the upkeep of a larger home or yard.

The standout feature is its exceptional location ranking. It sits in the top tier of all properties in both its neighbourhood and the entire city of Winnipeg for area, indicating a premium lot placement within the community. This suggests desirable attributes like potential views, privacy, or positioning relative to parks and pathways that aren't captured by basic metrics. The home appeals to first-time buyers, downsizers, or investors looking for a modern property in a high-demand area. Its consistent assessed value, with a modest increase between its 2017 and 2022 sales, indicates stable market performance. It’s ideal for someone who values community amenities and new construction over expansive indoor space.

Frequently Asked Questions

1. What does the high "area rank" actually mean for this property?
While the home's living space is modest, it ranks in the top 0-3% for its land area in the neighbourhood and city. This suggests the unit itself may be situated on a larger or more advantageously shaped parcel than typical, possibly offering better outdoor space, less crowding, or a more private setting within the complex.

2. There's no basement or garage. What are the storage options?
Buyers should inquire about in-suite storage solutions and explore the availability and cost of dedicated, secure storage lockers or parking area cages within the building or complex, which are common in such properties.

3. The living area ranks lower than the lot. Is the home small for the location?
Yes, the square footage is below average for the immediate street and area. This creates a specific value proposition: you are acquiring a premium location and a newer building, but with a compact floor plan. It prioritizes location and quality over size.

4. How do the past sale prices inform the current value?
The sold prices of $27.1k in 2017 and $30.5k in 2022 show steady, conservative appreciation. This history suggests a stable, non-volatile investment profile rather than explosive growth, which can be appealing for cautious buyers.

5. What are the monthly condo or association fees, and what do they cover?
This is a critical question. Given the lack of a basement, pool, or garage, fees may be lower than in full-amenity buildings, but they likely cover exterior maintenance, building insurance, groundskeeping, and potentially snow removal, contributing to the low-maintenance lifestyle.

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