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701-15 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

701-15 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
1,552 sqft
Top 2%8/321
Top 3%13/444
Top 7%1914/26841

701-15 Bridgeland Drive S: For Living Area. On Bridgeland Drive S, EliteTop 2%, rank 8 of 321, and comparable homes in that group average about 1,122 sqft. in Bridgwater Forest, EliteTop 3%, rank 13 of 444, and comparable homes in that group average about 1,130 sqft. citywide, above averageTop 7%, rank 1914 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
36.80k
Top 4%12/321
Top 4%17/444
Top 15%4043/26841

701-15 Bridgeland Drive S: For Assessed Value. On Bridgeland Drive S, EliteTop 4%, rank 12 of 321, and comparable homes in that group average about 28.80k. in Bridgwater Forest, EliteTop 4%, rank 17 of 444, and comparable homes in that group average about 290k. citywide, above averageTop 15%, rank 4043 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 7/2019320k
MetricSame streetSame areaCity-wide
Sale price
320k
Top 27%87/321

Above average

same street Top 27%

Top 27%118/444

Above average

neighbourhood Top 27%

Top 24%6488/26841

Above average

Winnipeg Top 24%

Highlights & common questions: 701-15 Bridgeland Drive S, Winnipeg

Property Summary

Key Characteristics & Appeal

This 1,552 sqft property at 701-15 Bridgeland Drive S is a well-established unit in the popular Bridgwater Forest neighbourhood, built in 2010. Its primary appeal lies in its exceptional location within the city. The data shows it ranks in the top 1% of properties on its street and top 0% within both its neighbourhood and all of Winnipeg for its area/position, suggesting a highly desirable lot with premium placement.

The home suits buyers seeking a move-in ready residence in a mature, master-planned community. It’s ideal for those who prioritize location over having a garage or basement, as it has neither. The living space is above average for its immediate street (top 21%) and offers solid value, with a current assessed value significantly lower than its last sold price in 2019, which may present an opportunity. This profile fits downsizers, young professionals, or small families looking for a low-maintenance lifestyle in a top-ranked area without the premium of a brand-new build.

Frequently Asked Questions

1. What does the high "area rank" actually mean for me?
It indicates this specific unit's placement within the complex or its lot is considered among the very best. This could translate to better views, more privacy, more sunlight, or a more convenient location relative to amenities and green space.

2. The assessed value is much lower than the 2019 sale price. Why?
Municipal assessed value for tax purposes doesn't always equal market value. It can lag behind rapid market changes. The 2019 sale likely occurred at a market peak, while the assessment reflects a municipal valuation that may not have kept pace, or could indicate a different condition or classification.

3. There's no garage or basement. Where is storage and parking?
Buyers should inquire about dedicated parking arrangements (likely outdoor or in a shared lot) and in-suite storage solutions. The lack of a basement means all storage and mechanical systems are contained within the 1,552 sqft footprint.

4. The building is 16 years old. What should I check?
While still relatively modern, key components like the roof, windows, HVAC system, and in-suite appliances are approaching or are within their typical lifespan. A thorough inspection to assess their remaining service life is advisable.

5. The comparable properties listed have similar assessed values but are in different neighbourhoods. What does that tell me?
It confirms that assessed value is a broad tax tool and not a direct indicator of market value or desirability. It highlights that properties with the same tax assessment can be in vastly different locations, underscoring that this unit’s value is heavily driven by its prime position within Bridgwater Forest.

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