131 Charlottetown Road

Bridgwater Forest, Winnipeg

Property score

88.3

Excellent

Overall 88.3 · Compared with neighbourhood average

2,277 sqft (top 35%) · Built in 2011

Located in a high-income area with median household income of ~109k

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Near average

11% larger than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 43%Chinese · 22%

Past 10 years Bridgwater Forest sales snapshot (~80% of all data)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

88.3 is composed by the two sections below.

Property Score

90.9Excellent
Living Area2,277 sqft96Excellent
Year Built201194Excellent
Lot Size5,484 sqft67Good
Neighbourhood Sales Activity89Excellent

Community Score

84.5Excellent
Household Income88Excellent
Education Level91Excellent
Housing Stress52Fair
Core Housing Need88Excellent
Employment Health83Excellent

Neighbourhood Sales

Bridgwater Forest

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

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111255

Community deep dive

$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

Population, labour & age

Population (2021)5,076
Labour force participation rate74%
Median age33.6
Avg household size3.0
Unemployment rate8%
Population density3057 / km²

Households & income

Low income (LIM-AT, % pop.)15%
Single-person households16%
Couple families with children41%
Median household income (2020)$109K

Housing

Renter households23%
Condominium dwellings26%
Median dwelling value (owners)$552K

Diversity, education & language

Immigrants (share of pop.)44%
Visible minority60%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 42%
Mother tongue (2nd)Chinese · 22%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
2,277 sqft
0255075100
Same streetTop 21%Same areaTop 35%CitywideTop 5%
Same street · Charlottetown Road
#8 / 38
Top 21% · Avg 1,945 sqft
Same area · Bridgwater Forest
#388 / 1,121
Top 35% · Avg 2,053 sqft
Citywide · Winnipeg
#10,361 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

above average
600k
0255075100
Same streetTop 32%Same areaBottom 41%CitywideTop 8%
Same street · Charlottetown Road
#12 / 38
Top 32% · Avg 580.2k
Same area · Bridgwater Forest
#662 / 1,121
Bottom 41% · Avg 684.1k
Citywide · Winnipeg
#15,396 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 16%Same areaTop 34%CitywideTop 10%

Lot Size

around average
5,484 sqft
0255075100
Same streetTop 47%Same areaTop 47%CitywideTop 44%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

131 Charlottetown Road — 2 amenities found within 500 m, across 1 categories.

Search radius
Worship2

Crime & Safety

Bridgwater Forest · WPS public data · 2026

Annual incidents

7

2026

vs. city avg

-76%

relative to avg

Year-over-year

-91%

vs. prior year

Primary type

Property

100%

Sales History

Sold 6/2020CA$450k–500k
Sold price

Same street

Bottom 24%

Same area

Bottom 25%

City-wide

Top 16%

Related homes

Highlights & common questions: 131 Charlottetown Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-situated, modern property built in 2011. Its primary appeal lies in offering above-average space and a newer build within a sought-after neighbourhood. With 2,277 sqft of living area, it provides more room than approximately 95% of Winnipeg homes. The property sits on a generous 5,484 sqft lot with an attached garage and an unfinished basement, presenting a solid canvas for personalization.

The home suits buyers looking for a move-in ready structure in a prime area who may want to tailor the basement to their needs over time. It’s particularly appealing to growing families or professionals seeking space and a modern foundation without the premium of a brand-new build. A thoughtful perspective is its strong ranking for living area city-wide, which suggests better long-term value retention in its class compared to smaller, older homes. However, its last sale price in 2020 is notably lower than the current assessed value, indicating significant market movement—a point for buyers to consider in their valuation.

Key Questions for Consideration

  1. How does the unfinished basement impact value and utility?
    While offering potential for customization, an unfinished basement requires additional investment to become livable space. It's a pro for those wanting to design it themselves, but a con for those seeking immediate, turnkey square footage.

  2. The assessed value has risen significantly since the 2020 sale. What should I know?
    The assessed value of $600k is substantially higher than the 2020 sale price of $499.6k. It's essential to review recent comparable sales in Bridgwater Forest to understand current fair market value, as assessments and market prices can differ.

  3. How does this home compare within Bridgwater Forest itself?
    The home ranks in the top 25% for living area within the neighbourhood, meaning it's spacier than most nearby. However, its land size and assessed value rank around the neighbourhood average, suggesting the value is driven more by the home's size and newer age than by an exceptionally large lot.

  4. What are the implications of the "Rank by Year" data?
    Being newer than 88% of Winnipeg homes is a major advantage, typically meaning fewer immediate repairs and modern building standards. On its street, it's newer than 84% of properties, positioning it as one of the more contemporary homes in the immediate area.

  5. Who might the neighbouring property at 51 Charlottetown Road be relevant for?
    Listed as a reference point, the similar nearby home (built 2013, 2,375 sqft, assessed at $646k) provides a direct benchmark. It suggests slightly more space and a higher assessment, useful for gauging price-per-square-foot and value in this specific pocket of the community.

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