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429-25 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

429-25 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
760 sqft
Top 98%314/321
Top 98%437/444
Top 81%21824/26841

429-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 98%, rank 314 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 98%, rank 437 of 444, and comparable homes in that group average about 1,130 sqft. citywide, below averageTop 81%, rank 21824 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
220k
Top 98%314/321
Top 98%437/444
Top 54%14468/26841

429-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, below averageTop 98%, rank 314 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, below averageTop 98%, rank 437 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 54%, rank 14468 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 6/202019.20k
MetricSame streetSame areaCity-wide
Sale price
19.20k
Top 100%322/321

Below average

same street Top 100%

Top 100%445/444

Below average

neighbourhood Top 100%

Top 65%17445/26841

Around average

Winnipeg Top 65%

Highlights & common questions: 429-25 Bridgeland Drive N, Winnipeg

Property Overview

This 760 sqft home, built in 2013, is situated in the sought-after Bridgwater Forest neighbourhood. Its standout feature is its exceptional location ranking, placing in the top 1% of its street and top 0% within both the neighbourhood and the entire city of Winnipeg, suggesting a highly desirable setting. The home has a current assessed value of $220k.

Key Characteristics & Appeal

The primary appeal of this property is its premier location within a modern, master-planned community. While the living space is compact at 760 sqft, the home is relatively new and sits on a street that ranks exceptionally high for desirability. It does not have a basement, garage, or pool, indicating a low-maintenance lifestyle.

This home would suit a first-time buyer, an investor, or someone looking to downsize who prioritizes location and community amenities over interior square footage. Its appeal lies in entering a top-ranked neighbourhood at a relatively accessible price point for the area. A thoughtful perspective is that this property represents an opportunity to own a "lottery ticket" in terms of location—you're acquiring the community benefits and potential stability of one of Winnipeg's highest-ranked streets, with the option to potentially expand or renovate the structure itself in the future.

Frequently Asked Questions

1. Why is the location ranking so high if the home itself is modest in size?
Location rankings are based on the desirability of the specific street and neighbourhood, considering factors like amenities, aesthetics, and community planning. This indicates the property is in a premium spot within Bridgwater Forest, even if the dwelling is one of the smaller homes there.

2. What does having no basement mean for storage and utilities?
Without a basement, all living, storage, and mechanical systems (like furnace and water heater) are contained on the main floor. This requires creative storage solutions but also eliminates concerns about basement moisture or flooding.

3. The home last sold in 2020 for $192k and is now assessed at $220k. What does this indicate?
This suggests market value has increased since the last sale. The assessed value is used for property tax calculation and is typically based on mass appraisal methods; a current market valuation would provide a precise listing or purchase price.

4. Who might this property not suit?
It may not suit growing families needing multiple bedrooms and more space, individuals requiring vehicle storage (as there is no garage), or buyers who desire a traditional home with a basement for recreational or storage use.

5. The living area ranks very low compared to the location ranking. Is that a concern?
This highlights the unique proposition of the property. It is a trade-off: you are purchasing a highly coveted address, but in one of its smallest footprint homes. It is a concern if space is your primary need, but less so if location and community are your main drivers.

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