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433-25 Bridgeland Drive N

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2015 11 years ago
Top 1%1/321
Top 13%57/444
Top 17%4538/26841

433-25 Bridgeland Drive N: For Year Built. On Bridgeland Drive N, EliteTop 1%, rank 1 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, above averageTop 13%, rank 57 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 17%, rank 4538 of 26841, and comparable homes in that group average about 1990.

Living Area
967 sqft
Top 70%225/321
Top 78%348/444
Top 53%14252/26841

433-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, around averageTop 70%, rank 225 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 78%, rank 348 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 53%, rank 14252 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
26.80k
Top 58%185/321
Top 62%274/444
Top 37%10061/26841

433-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 58%, rank 185 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 62%, rank 274 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 37%, rank 10061 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 4/2021280k
MetricSame streetSame areaCity-wide
Sale price
280k
Top 48%155/321

Around average

same street Top 48%

Top 46%204/444

Around average

neighbourhood Top 46%

Top 34%9214/26841

Around average

Winnipeg Top 34%

Sold 6/201624.50k
MetricSame streetSame areaCity-wide
Sale price
24.50k
Top 84%269/321

Below average

same street Top 84%

Top 88%392/444

Below average

neighbourhood Top 88%

Top 44%11934/26841

Around average

Winnipeg Top 44%

Highlights & common questions: 433-25 Bridgeland Drive N, Winnipeg

Property Overview

This 967 sqft home, built in 2015, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its modern age within a master-planned community known for its pathways, parks, and amenities. The home ranks exceptionally high for its location, placing in the top 1% of its street and top 0% of its wider neighbourhood for area desirability. While the living space is compact, the property represents a relatively accessible entry point into a sought-after, newer suburban area.

This property would suit a first-time homebuyer or a downsizer seeking a modern, low-maintenance lifestyle in a well-regarded community without the premium price tag of a larger house. It’s also a practical option for an investor looking for a newer build in a stable, high-demand area, given the neighbourhood's strong rankings.

Key Considerations & FAQs

1. What are the less obvious trade-offs with this property?
While you gain a modern home in a top-ranked area, the living space (967 sqft) is below average for the neighbourhood, ranking in the bottom 6%. This means efficient use of space is key. The absence of a garage, as noted, is another practical consideration for vehicles and storage.

2. How stable has the property's value been?
The sold price history shows significant appreciation from $245,000 in 2016 to $280,000 in 2021. This suggests the property has held value well in its first decade, benefiting from the neighbourhood's established appeal.

3. What does the "No|Pool—|GarageNone|Building Type—" detail mean?
This indicates the property has no basement, no pool, and no garage. "Building Type—" suggests it is likely a single-family detached home, as that is the common form in this area, but specific style details (e.g., bungalow, two-storey) should be verified.

4. The assessed value seems low compared to past sale prices. Why?
Municipal assessed value in Manitoba is typically for tax purposes and is often significantly lower than market value. The 2021 sale at $280k is a more current indicator of its market worth, though conditions have evolved since then.

5. How does it compare to nearby properties on the same street?
The home ranks better than 99% of properties on its street for area, meaning its specific lot location is highly desirable. However, it ranks lower for size and assessed value on the same street, indicating it is one of the more modest homes in a premium location.

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