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423-25 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

423-25 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
890 sqft
Top 86%276/321
Top 90%399/444
Top 64%17062/26841

423-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 86%, rank 276 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 90%, rank 399 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 64%, rank 17062 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
24.10k
Top 86%276/321
Top 90%399/444
Top 46%12246/26841

423-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, below averageTop 86%, rank 276 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 90%, rank 399 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 46%, rank 12246 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/201624.10k
MetricSame streetSame areaCity-wide
Sale price
24.10k
Top 86%276/321

Below average

same street Top 86%

Top 90%399/444

Below average

neighbourhood Top 90%

Top 46%12246/26841

Around average

Winnipeg Top 46%

Highlights & common questions: 423-25 Bridgeland Drive N, Winnipeg

Property Overview

This 890 sqft home, built in 2013, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its location within a top-ranked area, with the street and neighbourhood ratings outperforming over 99% of comparable listings. This suggests a highly desirable and established community setting. The home suits first-time buyers, investors, or downsizers seeking an entry point into a premier area without the premium price tag of a larger property. Its lower assessed value and compact size represent a practical opportunity to secure an address in a sought-after locale, ideal for those who prioritize community and location over square footage. A thoughtful perspective is that this property offers the benefits of a mature, high-ranking neighbourhood while presenting a more manageable and affordable footprint for maintenance and living.

Key Details & FAQs

  • Key Characteristics: Built in 2013. 890 square feet of living area. No basement, pool, or garage. Located on Bridgeland Drive North in Bridgwater Forest.
  • The Appeal: The standout feature is its exceptional locational ranking. It sits on a street and in a neighbourhood rated better than 99-100% of others, indicating a prime, well-regarded community.
  • Ideal For: First-time homebuyers, real estate investors looking for a property in a top-tier area, or empty-nesters seeking to downsize into a manageable home within a premier neighbourhood.

Frequently Asked Questions

1. Why is the assessed value relatively low for such a highly-ranked area?
The assessed value is primarily driven by the home's specific attributes, such as its smaller square footage (890 sqft) and the absence of features like a basement or garage. The high rankings reflect the desirability of the location itself, not the individual property's size or amenities.

2. What does the "Top 1%" street ranking actually mean?
This statistical ranking indicates that this specific stretch of Bridgeland Drive N is rated better than 99% of other streets in the immediate area for factors likely including property values, appeal, and community data. It signifies an exceptionally well-regarded location.

3. Who might this property not suit?
It may not be ideal for buyers requiring significant storage, vehicle shelter, or multiple bedrooms, due to the lack of a garage and basement. Families needing more interior space may find the square footage limiting compared to other homes in the neighbourhood.

4. The home was last sold in 2016. What should I consider?
While the market has evolved since 2016, the sale price from that year provides a historical benchmark. A key consideration is how the home's condition and any updates since then align with current market expectations in this high-demand location.

5. How useful are the "Similar Assessed Value" comparisons?
These properties share a similar municipal assessed value for taxation purposes, but they are in different neighbourhoods across Winnipeg. They are useful for understanding value brackets but are not direct comparables for lifestyle, as this property's main advantage is its specific, high-ranking location in Bridgwater Forest.

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