Save on House

From Data to Your Dream Home

Loading...

418-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2013 13 years ago
Top 43%139/321
Top 52%231/444
Top 23%6058/26841

418-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, around averageTop 43%, rank 139 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, around averageTop 52%, rank 231 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 23%, rank 6058 of 26841, and comparable homes in that group average about 1990.

Living Area
1,014 sqft
Top 64%207/321
Top 74%330/444
Top 48%12773/26841

418-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around averageTop 64%, rank 207 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 74%, rank 330 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 48%, rank 12773 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
27.60k
Top 52%167/321
Top 51%227/444
Top 35%9482/26841

418-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 52%, rank 167 of 321, and comparable homes in that group average about 28.80k. 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.

Map & Street View

Drag the yellow pegman onto the street for Street View. Or Open Street View in new tab →

Sales History

Sold 4/202328.50k
MetricSame streetSame areaCity-wide
Sale price
28.50k
Top 45%146/321

Around average

same street Top 45%

Top 43%191/444

Around average

neighbourhood Top 43%

Top 33%8880/26841

Around average

Winnipeg Top 33%

Sold 7/201926.20k
MetricSame streetSame areaCity-wide
Sale price
26.20k
Top 69%220/321

Around average

same street Top 69%

Top 74%330/444

Below average

neighbourhood Top 74%

Top 39%10549/26841

Around average

Winnipeg Top 39%

Highlights & common questions: 418-25 Bridgeland Drive N, Winnipeg

Property Summary: 418-25 Bridgeland Drive N, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This property is a modest, well-located home built in 2013. Its primary appeal lies in its exceptional location within the sought-after Bridgwater Forest neighbourhood, where it ranks in the top 1% of properties on its street and top 0% within the wider community for overall area desirability. This indicates a premium setting that consistently outranks most others.

With just over 1,000 square feet of living space, it’s a compact and efficient layout, likely suited for a first-time homebuyer, a downsizer, or an investor. The home’s recent sale history shows stable value, having sold in 2019 and again in 2023 at a slight increase. While the home itself is smaller and more basic in features (no basement, garage, or pool), its standout asset is the land and location within a newer, master-planned area. It represents an opportunity to own in a top-tier neighbourhood at a relatively accessible price point, trading square footage for a premier address. The buyer should be one who prioritizes community and location over interior space or immediate luxury features.

Section 2: Frequently Asked Questions

1. What does the "top 1%" neighbourhood ranking actually mean?
This statistical ranking compares the property's overall score (likely factoring in location, lot, and market appeal) against all others in Bridgwater Forest. Being in the top 1% means it is considered among the very best situated lots in the entire neighbourhood, which is a significant long-term advantage.

2. The living area is smaller than many homes. How does that impact value?
The value here is weighted heavily toward the land and location rather than the size of the structure. It allows for entry into a high-demand community at a lower price, with the trade-off being less interior space. It’s a strategic purchase for location over square footage.

3. There’s no garage or basement. Are there alternatives for storage and parking?
Prospective buyers should inquire specifically about designated parking arrangements and explore on-site storage solutions within the home's layout, as these traditional spaces are not present.

4. The assessed value is lower than the 2023 sale price. Why?
Municipal assessed value for taxation purposes often lags behind the current market and is calculated using a different methodology. The 2023 sale price of $28.5k is the more accurate reflection of its recent market value.

5. The home has sold twice in a few years. Is that a concern?
The sales in 2019 and 2023 show a reasonable holding period and a slight appreciation in price, indicating stable turnover rather than a red flag. It’s worth reviewing the listing history for any specific reasons, but the pattern itself is not unusual for a starter or investment property.

People interested in 418-25 Bridgeland Drive N often also view these related homes

Nearby & similar assessment