| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Land Area 2,825 sqft | Top 32%18/57 Avg3,082 sqft Top 92%1183/1282 Avg5,455 sqft Top 91%177892/194458 Avg6,570 sqft 196 Landover Drive: For Land Area. On Landover Drive, around average — Top 32%, rank 18 of 57, and comparable homes in that group average about 3,082 sqft. in Bridgwater Trails, below average — Top 92%, rank 1183 of 1282, and comparable homes in that group average about 5,455 sqft. citywide, below average — Top 91%, rank 177892 of 194458, and comparable homes in that group average about 6,570 sqft. | ||
Year Built 2018 （8 years ago） | Top 54%31/57 Avg2019 Top 53%680/1282 Avg2019 Top 4%8419/194458 Avg1966 196 Landover Drive: For Year Built. On Landover Drive, around average — Top 54%, rank 31 of 57, and comparable homes in that group average about 2019. in Bridgwater Trails, around average — Top 53%, rank 680 of 1282, and comparable homes in that group average about 2019. citywide, Elite — Top 4%, rank 8419 of 194458, and comparable homes in that group average about 1966. | ||
Living Area 1,503 sqft | Top 63%36/57 Avg1,533 sqft Top 79%1017/1282 Avg1,849 sqft Top 30%58834/194458 Avg1,342 sqft 196 Landover Drive: For Living Area. On Landover Drive, around average — Top 63%, rank 36 of 57, and comparable homes in that group average about 1,533 sqft. in Bridgwater Trails, below average — Top 79%, rank 1017 of 1282, and comparable homes in that group average about 1,849 sqft. citywide, above average — Top 30%, rank 58834 of 194458, and comparable homes in that group average about 1,342 sqft. | ||
Assessed Value 45.90k | Top 88%50/57 Avg48.20k Top 87%1120/1282 Avg59.60k Top 27%52140/194458 Avg390k 196 Landover Drive: For Assessed Value. On Landover Drive, below average — Top 88%, rank 50 of 57, and comparable homes in that group average about 48.20k. in Bridgwater Trails, below average — Top 87%, rank 1120 of 1282, and comparable homes in that group average about 59.60k. citywide, above average — Top 27%, rank 52140 of 194458, and comparable homes in that group average about 390k. | ||
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 480k | Top 51%29/57 Avg Around average same street Top 51% | Top 73%937/1282 Avg Below average neighbourhood Top 73% | Top 23%44996/194458 Avg Above average Winnipeg Top 23% |
Property Overview: 196 Landover Drive, Bridgwater Trails
Key Characteristics & Appeal
This is a modern, two-storey home built in 2018, situated on a generous lot in Winnipeg's Bridgwater Trails community. Its primary appeal lies in offering contemporary living in a sought-after, newer neighbourhood without the premium price of a brand-new build. The home features 1,503 sqft of living space, an attached garage, and a full basement awaiting personalization.
The property presents a compelling value proposition. While its assessed value is modest compared to recent sale prices, it sold for $480k in late 2023—a price that ranks competitively within the wider Winnipeg market. This suggests buyers are paying for the desirable location and modern amenities rather than the municipal valuation. The lot size is a significant asset, ranking better than most on the street, offering more outdoor space than many newer properties.
This home would suit first-time buyers or young families seeking a move-in ready, low-maintenance property in a community with modern infrastructure. It’s also a practical choice for value-conscious buyers who see potential in the unfinished basement, as it allows for equity growth through future renovation. A less obvious perspective is its appeal to data-driven buyers: the home’s performance metrics (like its top 5% ranking for building age in Winnipeg) provide concrete, comparative reassurance about its modern construction amidst an older city housing stock.
Frequently Asked Questions
1. Why is there such a difference between the Assessed Value and the recent sale price?
Municipal assessments for tax purposes often lag behind market values, especially in desirable, newer neighbourhoods. The sale price reflects what buyers are currently willing to pay for the location, modern build, and community amenities.
2. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate it as unfinished space, which presents a blank canvas for future expansion but will require investment to complete.
3. How does this home compare to others in Bridgwater Trails?
The home’s living area is somewhat typical for the neighbourhood, but it sits on a larger-than-average lot for the street. Its 2018 build date makes it newer than over half the homes in the immediate area.
4. Is the $480k sale price from 2023 a good indicator of current value?
While a recent sale is a strong data point, current market conditions must be considered. It establishes a firm baseline, but the final price will depend on present supply, demand, and the property's condition since that sale.
5. What are the known advantages of the Bridgwater Trails community?
As a modern development, it typically offers newer schools, parks, and walking trails with contemporary urban planning. Prospective buyers should research specific community fees, amenities, and the completion level of planned neighbourhood features.
Address · Distance
Address · Assessed Value