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422-10 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

422-10 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
1,044 sqft
Top 20%18/92
Top 44%196/444
Top 44%11785/26841

422-10 Hill Grove Point: For Living Area. On Hill Grove Point, above averageTop 20%, rank 18 of 92, and comparable homes in that group average about 1,096 sqft. in Bridgwater Forest, around averageTop 44%, rank 196 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 44%, rank 11785 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
29.20k
Top 18%17/92
Top 40%177/444
Top 31%8315/26841

422-10 Hill Grove Point: For Assessed Value. On Hill Grove Point, above averageTop 18%, rank 17 of 92, and comparable homes in that group average about 28.30k. in Bridgwater Forest, around averageTop 40%, rank 177 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 31%, rank 8315 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 1/2023320k
MetricSame streetSame areaCity-wide
Sale price
320k
Top 5%5/92

Well above average — among the best in this group

same street Top 5%

Top 27%118/444

Above average

neighbourhood Top 27%

Top 24%6488/26841

Above average

Winnipeg Top 24%

Sold 1/201729.60k
MetricSame streetSame areaCity-wide
Sale price
29.60k
Top 18%17/92

Above average

same street Top 18%

Top 39%175/444

Around average

neighbourhood Top 39%

Top 30%8100/26841

Above average

Winnipeg Top 30%

Highlights & common questions: 422-10 Hill Grove Point, Winnipeg

Property Overview: 422-10 Hill Grove Point, Bridgwater Forest

Key Characteristics & Buyer Appeal

This 1,044 sqft property, built in 2016, is situated in Winnipeg's popular Bridgwater Forest neighbourhood. Its primary appeal lies in its exceptional location rankings—it places in the top 3% of its street and the top 0% of both its neighbourhood and the entire city for area desirability, indicating a highly sought-after setting. The home is a relatively modern build with a recent sale history, having sold for $320k in January 2023.

The data suggests it would suit a specific buyer profile: those prioritizing location and community over sheer square footage. Given the absence of a garage and basement, it likely appeals to low-maintenance seekers, such as first-time buyers, downsizers, or investors looking for a modern property in a top-ranked area. The thoughtful perspective here is that the high location scores may offset the lack of certain physical features, offering value through community and stability rather than just interior space. It represents an entry point into one of Winnipeg's best-ranked areas, which is its most compelling attribute.


Frequently Asked Questions

1. What does the "Top 0% in neighbourhood" ranking actually mean?
It means this specific property's location (likely factoring in lot, street appeal, and immediate surroundings) is statistically ranked higher than 100% of other properties in Bridgwater Forest for area/street appeal. It highlights an elite positional advantage within an already desirable community.

2. The home sold for $320k in 2023, but the assessed value is only $29.2k. Why is there such a large difference?
The $29.2k figure is the land assessment only, not the total property assessment (which includes the building). Manitoba assessment notices often show these values separately. The total assessed value for tax purposes would be significantly higher, closer to the market sale price.

3. There's no basement or garage listed. Is that correct?
Based on the provided data, the listing indicates "Basement: No" and "Garage: None." This is typical for some townhouse or condominium-style properties in newer developments, where exterior maintenance and parking may be managed differently.

4. The living area is 1,044 sqft, which ranks lower in the neighbourhood. Is this a concern?
While the square footage is below the neighbourhood average (ranking in the top 83%), this is balanced by the property's elite location score and modern build year. It indicates you are paying more for the premium location and newer construction than for raw interior space.

5. Who is most likely to be interested in this property?
Given its characteristics, it's well-suited for first-time homebuyers entering a premium area, empty-nesters looking to downsize into a low-maintenance, modern home in a top community, or an investor seeking a property in a high-demand location with stable rental appeal.

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