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703-15 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

703-15 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

703-15 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

703-15 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 2/201728.50k
MetricSame streetSame areaCity-wide
Sale price
28.50k
Top 45%146/321

Around average

same street Top 45%

Top 43%191/444

Around average

neighbourhood Top 43%

Top 33%8880/26841

Around average

Winnipeg Top 33%

Highlights & common questions: 703-15 Bridgeland Drive S, Winnipeg

Property Overview & Appeal

This 2010-built home in the popular Bridgwater Forest neighbourhood offers a practical, low-maintenance lifestyle. Its key characteristic is its efficient 1,354 sqft layout, which ranks above average for size on its street. The home has no basement, garage, or pool, positioning it as an affordable entry point into a highly sought-after, master-planned community. Its standout appeal lies in its exceptional location ranking—it sits in the top 1% of properties on its street and the top tier within both Bridgwater Forest and all of Winnipeg for its area, suggesting a premium lot or positioning within the subdivision.

This property would ideally suit first-time buyers seeking modern community amenities without the upkeep of a larger house, downsizers looking to rightsize into a single-level living space, or investors interested in a competitively priced unit in a consistently high-demand area. A thoughtful perspective is that the lack of basement and garage, while a limitation for some, translates to very predictable monthly utility and maintenance costs, appealing to those with a streamlined budget. The significant disparity between its last sold price in 2017 ($285,000) and its current assessed value ($336,000) also indicates strong underlying value growth in this specific location.

Frequently Asked Questions

1. What does the "No Basement" design mean for living and storage?
This indicates a slab-on-grade foundation, offering single-level living. It eliminates risks of basement flooding but requires creative storage solutions, such as utilizing closets, sheds, or potentially adding an attic storage system.

2. The assessed value is much lower than typical sale prices in the area. Why?
Municipal assessed value for taxation purposes often lags behind current market values and is not an appraisal. The sale prices of nearby comparable homes are a more accurate indicator of its likely market value.

3. Who is responsible for exterior and grounds maintenance?
As the listing shows no garage and references nearby units with identical addresses, this is likely a condo-style property (e.g., a townhome or garden home). Maintenance of roofs, siding, lawns, and driveways is typically covered by a condo corporation, with costs paid through monthly fees.

4. The home ranks low for its "year built" in the neighbourhood. Is it outdated?
Built in 2010, the home is modern but situated in a community with many newer builds. This ranking reflects the neighbourhood's ongoing development, not the condition of the home. A 2010 build still offers contemporary layouts and materials, often at a better value than brand-new construction.

5. What are the benefits of its high "street" and "area" rankings?
These metrics suggest the property benefits from a superior lot—possibly backing onto a green space, situated on a quiet cul-de-sac, or having a larger-than-average yard. This enhances privacy, views, and overall livability compared to other units in the complex.

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