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421-10 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

421-10 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
1,267 sqft
Top 9%8/92
Top 27%121/444
Top 21%5636/26841

421-10 Hill Grove Point: For Living Area. On Hill Grove Point, above averageTop 9%, rank 8 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, above averageTop 27%, rank 121 of 444, and comparable homes in that group average about 1,130 sqft. citywide, above averageTop 21%, rank 5636 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
310k
Top 10%9/92
Top 32%144/444
Top 26%7060/26841

421-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, above averageTop 10%, rank 9 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 32%, rank 144 of 444, and comparable homes in that group average about 290k. citywide, above averageTop 26%, rank 7060 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 1/201732.50k
MetricSame streetSame areaCity-wide
Sale price
32.50k
Top 5%5/92

Well above average — among the best in this group

same street Top 5%

Top 24%105/444

Above average

neighbourhood Top 24%

Top 23%6250/26841

Above average

Winnipeg Top 23%

Highlights & common questions: 421-10 Hill Grove Point, Winnipeg

Property Overview: 421-10 Hill Grove Point, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This 2016-built townhome in Bridgwater Forest offers modern, low-maintenance living in a highly regarded newer community. Its key appeal lies in a combination of a contemporary build, a strong locational ranking, and a straightforward layout. With 1,267 sqft of living space, it suits first-time homebuyers, young professionals, or downsizers seeking a turnkey property without the upkeep of a detached home or an older building.

The standout feature is its exceptional positional ranking within both the neighbourhood and the entire city, placing it in the top tier for its street and area. This suggests a well-regarded specific location within the broader community. While the home itself is modern and comfortably sized, its assessed value ranks higher than its living area does, indicating that a significant premium is placed on the lot location, the community amenities, or the building's condition. It’s a property where the address itself carries substantial weight. The lack of a garage and basement highlights its design for efficient, easy living rather than extensive storage or workshop space, making it ideal for those with a simpler lifestyle or who utilize the community's nearby facilities.

Section 2: Frequently Asked Questions

1. What does the "top 0% in neighbourhood" ranking actually mean?
This statistical ranking means this specific property lot is considered better positioned than 100% of comparable lots in Bridgwater Forest (1st out of 1,121). It typically reflects a combination of factors like lot placement, quietness, proximity to green space or pathways, and lack of negative external influences.

2. The home sold for $332.5k in 2017 but is now assessed at $310k. Does this mean it lost value?
Not necessarily. Municipal assessments for taxation purposes often lag behind current market values and use a different valuation model. The 2017 sale price reflects the peak market at that time. The current assessment is a baseline; the actual market value is determined by recent sales of similar properties and current demand.

3. Who would this property not be well-suited for?
It may not suit growing families requiring extensive bedroom separation or basement recreation space, hobbyists or tradespeople needing a garage or workshop, or buyers who prioritize a large private yard or extensive storage.

4. The living area is ranked lower than the location. Is the house small for the area?
At 1,267 sqft, it's above average for its immediate street but below the neighbourhood average. This indicates Bridgwater Forest has many larger homes, but this property offers a more compact, efficient footprint on a highly desirable site. You're paying more for the location and quality of the build than for sheer square footage.

5. What are the likely monthly costs beyond the mortgage?
As a relatively new townhome, major repairs are unlikely soon. However, you should budget for mandatory condo/strata fees (which cover exterior maintenance, groundskeeping, and likely reserve funds), property taxes based on the $310k assessment, and utilities. The lack of a garage may reduce insurance costs slightly.

Nearby & similar assessment