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505-15 Bridgeland Drive S

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2010 16 years ago
Top 74%237/321
Top 81%360/444
Top 29%7741/26841

505-15 Bridgeland Drive S: For Year Built. On Bridgeland Drive S, below averageTop 74%, rank 237 of 321, and comparable homes in that group average about 2013. in Bridgwater Forest, below averageTop 81%, rank 360 of 444, and comparable homes in that group average about 2013. citywide, above averageTop 29%, rank 7741 of 26841, and comparable homes in that group average about 1990.

Living Area
1,354 sqft
Top 14%46/321
Top 14%61/444
Top 16%4269/26841

505-15 Bridgeland Drive S: For Living Area. On Bridgeland Drive S, above averageTop 14%, rank 46 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, above averageTop 14%, rank 61 of 444, and comparable homes in that group average about 1,130 sqft. citywide, above averageTop 16%, rank 4269 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
33.60k
Top 16%52/321
Top 17%76/444
Top 21%5607/26841

505-15 Bridgeland Drive S: For Assessed Value. On Bridgeland Drive S, above averageTop 16%, rank 52 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, above averageTop 17%, rank 76 of 444, and comparable homes in that group average about 290k. citywide, above averageTop 21%, rank 5607 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 3/2017280k
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%

Highlights & common questions: 505-15 Bridgeland Drive S, Winnipeg

Property Overview & Appeal

This 2010-built home in Bridgwater Forest presents a practical entry point into a highly sought-after neighbourhood. Its key appeal lies in its location, ranking in the top 1% of its street and top 0% of both the neighbourhood and Winnipeg overall. With 1,354 sqft of living space, it offers a manageable size for smaller households. The home lacks a basement, pool, and garage, which simplifies maintenance and reduces associated costs, but is a key consideration for storage or vehicle shelter.

It would best suit first-time buyers or downsizers seeking a low-maintenance lifestyle in a premier community without the premium price tag of a larger, newer home. The modest assessed value suggests a potentially lower tax burden, while the strong location rankings indicate the value is anchored by the area itself. A thoughtful perspective is that this property represents an opportunity to secure an address in a top-rated area, allowing future equity to be built more on the land's desirability than the structure's features.

Frequently Asked Questions

1. What does the "No Basement" configuration mean for living space and storage?
The home's living area of 1,354 sqft is all above ground. Buyers should plan for creative storage solutions, as there is no basement for utilities, seasonal items, or potential expansion.

2. The assessed value seems low compared to the last sale price. Why is that?
Municipal assessed value for taxation purposes often lags behind market value and is calculated using mass appraisal techniques. The 2017 sale price of $280k is a historical market data point, while the $33.6k assessment is not an indicator of current market value.

3. The home ranks very high for location but lower for year built on its street. What does this indicate?
This suggests you are purchasing in a mature, established part of Bridgwater Forest where the community itself is the primary asset. The home is older than many on its street, but the area's overall desirability remains exceptional.

4. With no garage, what are the parking arrangements?
The listing specifies "Garage: None." Buyers should inquire about dedicated driveway parking, visitor parking, or any community bylaws regarding on-street parking specific to this section of Bridgeland Drive.

5. The comparable "similar assessed value" properties are in different neighbourhoods. What does this show?
This comparison highlights that municipal assessment values are standardized across the city and are not a reflection of neighbourhood prestige or market price. It underscores that this home's appeal is uniquely tied to its specific location within Bridgwater Forest, not its tax valuation.

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