278 Bridgeland Drive N

Property Overview

This two-storey home in Bridgwater Forest, built in 2010, presents a balanced offering for those seeking a modern, low-maintenance lifestyle. Its key appeal lies in its above-average living space for the street and a recently renovated basement, adding valuable finished square footage. The detached garage and a good-sized lot provide flexibility. The home’s assessed value ranks highly compared to Winnipeg overall, suggesting a solid foundation of municipal valuation. It last sold in late 2020.

Key Characteristics & Ideal Buyer

The home’s primary characteristics are its 1,740 sqft of living space (larger than most on the street), the renovated basement, and its 2010 build date offering modern construction without the premium of a brand-new home. Its appeal is practical: it provides move-in readiness with the basement work already done, in a relatively young and popular suburban neighbourhood.

It would suit a young family or professional couple looking for a turnkey property in a community with newer infrastructure. The data suggests it’s a "middle-of-the-pack" property within Bridgwater Forest itself but stands out favourably in broader Winnipeg comparisons, making it a sensible choice for buyers who prioritize city-wide value over having the absolute largest or newest home on their specific block. A thoughtful perspective is that the 2020 sale price provides a clear, recent market benchmark, which can offer more concrete insight than the assessed value alone when considering current value.

Frequently Asked Questions

1. How does the living space compare to the neighbourhood?
At 1,740 sqft, the living area is larger than 86% of homes on the same street, but is close to the median (top 55%) for the wider Bridgwater Forest neighbourhood, indicating it's a well-sized home for the area.

2. What does the "rank" data mean?
The rankings compare this property against others on its street, in its neighbourhood, and across Winnipeg for metrics like size and value. For example, being in the "Top 13%" in Winnipeg for year built means it is newer than 87% of homes in the city.

3. Is the basement renovation reflected in the assessed value?
Not necessarily. The assessed value is for municipal tax purposes and may not capture recent renovations or current market conditions. The renovated basement likely adds market value beyond the stated $544,000 assessment.

4. How does the 2020 sale price relate to today's value?
The $450,000 sale in December 2020 is a historical data point. Current market conditions, changes to the property, and overall market appreciation or adjustment since then will determine its present value.

5. What is the significance of the detached garage?
A detached garage offers flexibility for use as a workshop or studio separate from the main house, but may be less convenient for direct access during Winnipeg winters compared to an attached garage.