Property Summary: 220 Bridgeland Drive S, Bridgwater Forest
Key Characteristics & Appeal
This two-storey home, built in 2011, is a standout in its neighbourhood for its generous living space. With nearly 2,500 square feet of living area, it ranks in the top 10% of homes in Bridgwater Forest and the top 3% across Winnipeg for size, offering significant room for a growing family or those who value spaciousness. The property sits on a large lot and features an attached garage and a renovated basement, adding valuable functional space.
Its primary appeal lies in its combination of above-average size and a strong value position within the broader Winnipeg market. The home’s current assessed value places it in the top tier of properties city-wide, suggesting a solid investment in a desirable area. It particularly suits buyers looking for a move-in ready, spacious family home in a modern community without venturing into the ultra-premium price bracket. The data indicates it offers more square footage than most comparable homes, which is a compelling advantage for practical, space-conscious buyers.
Frequently Asked Questions
1. How does the home’s age (built 2011) compare to the neighbourhood?
At 15 years old, it is newer than 53% of homes in Bridgwater Forest, placing it in the middle range. It avoids the potential issues of much older homes while likely incorporating modern building standards.
2. What do the "Sold" and "Assessed" value figures indicate?
The home sold for $569,000 in June 2020 and now has a 2024 assessed value of $717,000. This increase reflects market trends and improvements (like the basement renovation), but the final sale price is determined by the current market.
3. Is the lot size typical for the area?
Yes. The land area of 4,930 sq. ft. is better than 72% of lots on the same street, meaning it is a larger-than-average lot for the immediate area, offering more outdoor space.
4. How does this property rank for space compared to all of Winnipeg?
Exceptionally well. Its living area is larger than 97% of Winnipeg homes, making its interior space a key feature. For buyers prioritizing room over an older, character home, this is a significant factor.
5. Are the nearby "similar assessed value" properties good comparables?
They are financial comparables based on assessment value only. Those listed are in different neighbourhoods across Winnipeg, highlighting that this home offers a similar municipal valuation but in the specific, modern community of Bridgwater Forest.