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440-25 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

440-25 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
937 sqft
Top 78%251/321
Top 84%374/444
Top 56%15131/26841

440-25 Bridgeland Drive N: For Living Area. On Bridgeland Drive N, below averageTop 78%, rank 251 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, below averageTop 84%, rank 374 of 444, and comparable homes in that group average about 1,130 sqft. citywide, around averageTop 56%, rank 15131 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
26.40k
Top 63%201/321
Top 70%310/444
Top 39%10397/26841

440-25 Bridgeland Drive N: For Assessed Value. On Bridgeland Drive N, around averageTop 63%, rank 201 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, around averageTop 70%, rank 310 of 444, and comparable homes in that group average about 290k. citywide, around averageTop 39%, rank 10397 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 8/2022280k
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 3/2019250k
MetricSame streetSame areaCity-wide
Sale price
250k
Top 78%250/321

Below average

same street Top 78%

Top 84%373/444

Below average

neighbourhood Top 84%

Top 42%11406/26841

Around average

Winnipeg Top 42%

Sold 1/201625.20k
MetricSame streetSame areaCity-wide
Sale price
25.20k
Top 78%249/321

Below average

same street Top 78%

Top 84%372/444

Below average

neighbourhood Top 84%

Top 42%11317/26841

Around average

Winnipeg Top 42%

Highlights & common questions: 440-25 Bridgeland Drive N, Winnipeg

Property Overview & Key Characteristics

This 937 sqft home, built in 2015, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its modern age and exceptional location within a highly sought-after master-planned community. The data indicates it ranks in the top 1% of properties on its street and top 0% in the entire neighbourhood for its location, suggesting a prime, quiet setting within Bridgwater Forest.

The home suits first-time buyers, downsizers, or investors seeking a modern, low-maintenance property in a premier community. Its compact size offers efficiency, while its 2015 build date provides contemporary finishes and systems without the concerns of an older home. A thoughtful perspective is its strong performance as a newer build in a top-ranked area, which may offer a unique balance of modern convenience and established neighbourhood appeal compared to brand-new constructions on the outskirts. It’s important to note the living space is modest, ranking in the lower percentile for size within the area, making it ideal for those prioritizing location and newer construction over square footage.

Frequently Asked Questions

1. What does the high location ranking actually mean?
The rankings (e.g., top 1% on its street) are based on the property's specific geographic coordinates within its area. For this home, it means its exact plot is considered among the very best situated within Bridgwater Forest, likely factoring in elements like positioning on a quiet street, proximity to pathways or greenspace, and overall desirability of its immediate surroundings.

2. Why is the assessed value significantly lower than past sale prices?
The municipal assessed value ($26.40k) is for taxation purposes only and is not an indicator of market value. The home last sold for $280k in 2022. Market value is determined by recent comparable sales, condition, and current market demand.

3. Is the lack of a basement or garage a major drawback?
This depends on the buyer's lifestyle. The absence of these features contributes to the home's lower-maintenance appeal and may be a trade-off for the newer build and prime location. It suits those who prefer single-level living or do not require significant storage or workshop space.

4. How has the property’s value changed over time?
The sales history shows appreciation from $250k in 2019 to $280k in 2022. This trend aligns with the broader market during that period and suggests the property has held its value well within the community.

5. Who might this property not be suitable for?
It may not suit growing families needing multiple bedrooms and more living space, or anyone requiring substantial storage, a garage for vehicles/workshop, or a basement for recreational space. The layout and size are geared towards simpler living arrangements.

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