Property Overview: 183 Bridgeland Drive N, Bridgwater Forest
Key Characteristics & Appeal
This well-maintained, one-storey home in Bridgwater Forest is defined by its modern convenience and solid positioning within the market. Built in 2010, it offers a renovated basement and an attached garage on a standard 4,063 sqft lot. The home’s primary appeal lies in its move-in readiness and strong value metrics. With a living area of 1,428 sqft, it is notably spacious compared to most on its street. Its current assessed value of $530k ranks within the top 20% of its immediate street and top 15% citywide, suggesting a premium valuation for the area. Recent sale history shows steady appreciation, with the last two sales in 2022 occurring close to assessment.
This property would suit practical buyers looking for a modern, low-maintenance home in a developed neighbourhood. It’s ideal for small families, professionals, or downsizers seeking single-level living without sacrificing space. The strong comparative rankings indicate it’s a above-average offering on its street, making it a sensible choice for a value-conscious buyer who doesn’t want to compromise on condition.
Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value ranks better than 82% of properties on its street and 86% across Winnipeg, indicating it is valued significantly higher than many comparable homes, likely due to its size, condition, and renovations.
2. What does the sale history tell us?
The property has sold three times since 2019, with each sale price increasing. The two sales in 2022 were very close to the current assessed value, suggesting the market has recently supported this valuation level.
3. Is the living space typical for the area?
At 1,428 sqft, the living area is larger than 71% of homes on its street, offering more interior space than most direct neighbours, which is a key differentiator.
4. How does the lot size compare?
The 4,063 sqft lot is fairly standard for the area, ranking better than only 30% on the street. The home’s appeal is driven more by its interior space and condition than by its outdoor land area.
5. The home was built in 2010. What does that mean for a buyer?
As a 16-year-old home, it is newer than 87% of properties in Winnipeg, meaning major components like the roof, windows, and HVAC are likely still within their typical lifespan, reducing the risk of immediate large replacements.