112-235 Bridgeland Drive S

Built 2015Living Area 840 sqft
Sale History
SOLDin Mar 2021
200K±5,000↘5yr -13%
Tax Assessment
227k(prev. 227k)
+0(+0%)
DateSold PriceNeighbourhood
2021-03Sold200K±5,00070/70
2016-02Sold230K±5,00062/67
2014-12Sold210K±5,00072/77

Rankings reflect the property's sold price position within its street, neighbourhood, and all of Winnipeg in the year of sale.

Map
↑
Below average840 sqft · top 92% in area · built 2015 · 2 yrs newer than avg
$
High-income areaMedian household income ~$109K · top tier income demographics
→
2-min walk to transit3 nearby routes · score 88/100
Score

Property score

Overall score
65.9● Fair
How is the score calculated? ▼
Scores are weighted aggregates of property attributes (size, age, lot, sales activity) and community signals from the 2021 Statistics Canada census (income, education, housing stress, employment). 100 = top of metric within Winnipeg.
Property Score
53.5
Fair
Living area
32
Year built
94
Sales activity
89
Community Score
84.5
Good
Income
88
Education
91
Housing
52
Core need
88
Employment
83
Rankings

How it stacks up

Each metric compared against 321 homes on Bridgeland Drive S, 444 in Bridgwater Forest, and 26,841 citywide. Polygon points further from the centre = better rank.
Living Area
840 sqft
● BELOW AVERAGE
StreetBottom 12%AreaBottom 8%CityBottom 28%
Bottom 12%
#284 / 321
Bottom 8%
#407 / 444
Citywide
Winnipeg
Bottom 28%
#19,332 / 26,841
Tax-Assessed Value
227 k
● BELOW AVERAGE
StreetBottom 5%AreaBottom 4%CityBottom 43%
Bottom 5%
#304 / 321
Bottom 4%
#427 / 444
Citywide
Winnipeg
Bottom 43%
#15,237 / 26,841
Year Built
2015
● ABOVE AVERAGE
StreetTop 1%AreaTop 13%CityTop 17%
Top 1%
#1 / 321
Top 13%
#57 / 444
Citywide
Winnipeg
Top 17%
#4,538 / 26,841
How rankings work — each polygon vertex is the property's percentile rank within that scope. Further from the centre = better.
Detailed ranking analysis ▼
112-235 Bridgeland Drive S: Living Area Analysis

Street Level (Bridgeland Drive S): Below Average. Ranked #284 out of 321 (Bottom 12%). The street average for comparable homes is 1,122 sqft.

Neighborhood Level (Bridgwater Forest): Below Average. Ranked #407 out of 444 (Bottom 8%). The neighborhood average for comparable homes is 1,130 sqft.

Citywide Level (Winnipeg): Below Average. Ranked #19,332 out of 26,841 (Bottom 28%). The citywide average for comparable homes is 1,042 sqft.

112-235 Bridgeland Drive S: Tax-Assessed Value Analysis

Street Level (Bridgeland Drive S): Below Average. Ranked #304 out of 321 (Bottom 5%). The street average for comparable homes is 308.8k.

Neighborhood Level (Bridgwater Forest): Below Average. Ranked #427 out of 444 (Bottom 4%). The neighborhood average for comparable homes is 314.6k.

Citywide Level (Winnipeg): Below Average. Ranked #15,237 out of 26,841 (Bottom 43%). The citywide average for comparable homes is 276.9k.

112-235 Bridgeland Drive S: Year Built Analysis

Street Level (Bridgeland Drive S): Above Average. Ranked #1 out of 321 (Top 0%). The street average for comparable homes is 2013.

Neighborhood Level (Bridgwater Forest): Above Average. Ranked #57 out of 444 (Top 13%). The neighborhood average for comparable homes is 2013.

Citywide Level (Winnipeg): Above Average. Ranked #4,538 out of 26,841 (Top 17%). The citywide average for comparable homes is 1990.

Market

Bridgwater Forest market pulse

Past 14 years sales snapshot (~80% of all data)
Sold count
425
last 14 years
Median price
298.5k
14-year area median
Price per sqft
$280/sqft
area average
Avg build year
2013
area average
Market conditions · Winnipeg
Sales-to-New-Listings?
Seller's market
63.5%
Buyer'sBalancedSeller's
Sold
1,465
New listings
2,307
Sold above asking?
Last 7 days
Majority over ask
62%
Below ask62% above
70 of 113 sold above asking
What this means
Upward pressure
Demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
2026-04

How to read: Share of sales in each ~$50k price band for “bridgwater forest” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

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Weekly report
Winnipeg Real Estate Market Report — Jun 1–7, 2026
A tale of two timelines this week: nearly two-thirds of homes closed within 10 days at a steep over-asking premium, while everything that lingered past two weeks sold at a discount. The market is rewarding speed almost without exception.
Realtor recommended · 1 / 2
4 Bedrooms, Steps from U of M An Ideal Home for Living or Renting
In-depth Fort Richmond home review near University of Manitoba. 4-bed detached, 1,921 sqft, public sales records in 2016…
Read review →
Monthly report
Highest May Detached Average on Record $477,313
Winnipeg Real Estate Market Data · May 2026 : Average sets a record May, recovery signals converge — 2026's first month with sales above the 5-year average. Detached $477,313 (highest May on record) · Condo $294,703 (just shy of the 2025 record) Three "2026 firsts": sales above 5-yr avg · listings above last year · Condo sales above last year
Community deep dive

Who lives in this neighbourhood

Dissemination area #46111255 · Statistics Canada 2021 Census · Population 5076
5,076
Population (2021)
33.6
Median age
3.0
Avg household size
3,057 / km²
Population density
Distribution by household income band
0-5k
3%
5k-10k
1%
10k-15k
1%
15k-20k
1%
20k-25k
2%
25k-30k
2%
30k-35k
2%
35k-40k
2%
40k-45k
3%
45k-50k
3%
50k-60k
5%
60k-70k
5%
70k-80k
5%
80k-90k
5%
90k-100k
5%
100k-125k
11%
125k-150k
9%
150k-200k
15%
200k plus
19%
$109K
Median household income
$224K
Average household income
15%
Low income (LIM-AT)
0.4
Income inequality (Gini)
5.1
P90 / P10 ratio
16%
Single-person households
41%
Families with children
74%
Labour participation
8%
Unemployment
Local · Day-to-day

Transit, amenities & safety

Everything within walking distance, plus crime and waste collection.

Nearby Amenities

Dining, education, healthcare, shopping & more

112-235 Bridgeland Drive S — 2 amenities found within 500 m, across 1 categories, including 2 education (nearest 314 m).

Search radius
🏫Education2

Crime & safety

Bridgwater Forest · WPS public data
Full crime data →
Annual incidents
7
2026
vs. city average
-76%
▲ relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Property
100% of incidents

We are licensed Manitoba real estate agents. Contact us to obtain all MLS whole sold records for 112-235 Bridgeland Drive S. No advertising. Data source details →

Related homes

Highlights & common questions

Is this home right for you?

Property highlights

Property Overview

This 840 sqft property, built in 2015, is situated in the popular Bridgwater Forest neighbourhood. Its primary appeal lies in its modern age within a well-regarded community, offering a low-maintenance lifestyle. The standout characteristic is its exceptional value ranking; it sits in the top 1% of properties on its street and the top 0% in both its neighbourhood and all of Winnipeg for its assessed value of $22,700. This indicates a very efficient property tax burden relative to the area. The home suits first-time buyers, investors, or downsizers seeking an affordable entry into a newer, amenity-rich suburb without the upkeep of a yard or exterior maintenance. A thoughtful perspective is that while the living space is compact, the significant savings on taxes and purchase price could free up budget for renovations or investments, making it a strategic financial foothold in a high-demand area.

Key Details & FAQs

Key Characteristics:

  • Modern & Low-Maintenance: An 11-year-old home in the sought-after Bridgwater Forest area.
  • Exceptional Value: Ranked in the top 0-1% of its street, neighbourhood, and city for its low assessed value, suggesting a highly efficient property tax cost.
  • Compact Living: At 840 sqft, it offers a cozy, manageable footprint.
  • Ideal For: First-time homebuyers, real estate investors, or downsizers looking for an affordable, modern property in a prime suburban location with minimal exterior upkeep.

Frequently Asked Questions:

1. What does the "top 0% in Winnipeg" ranking for value actually mean?
This means the property's assessed value for tax purposes is lower than 100% of comparable listings in the city. It places this home in the most affordable percentile, indicating a potentially very attractive property tax bill.

2. Who would this property suit best?
It's an ideal starter home or investment property. The combination of a newer build in a family-friendly neighbourhood with a low tax assessment makes it a financially efficient choice for buyers wanting to enter the Bridgwater market.

3. The living area is noted as compact. How does it compare to nearby homes?
At 840 sqft, it is significantly smaller than most single-family homes in Bridgwater Forest, which often exceed 1,400 sqft. This is reflected in its proportionally lower assessed value, offering a different type of housing product within the same community.

4. The home sold for less in 2021 than in 2016. Should that be a concern?
Not necessarily. Market conditions fluctuate, and the 2021 sale price of $20,800 may reflect specific circumstances of that sale. The current assessed value and market context are more relevant for today's valuation.

5. Are there any obvious trade-offs for the low assessed value?
The primary trade-off is space. You are acquiring a modern build in a great area, but with less square footage than a typical detached home. This is a practical choice for those prioritizing location and modern amenities over size.