140 Bridgeland Drive S

Bridgwater Forest, Winnipeg

Property score

78.7

Good

Overall 78.7 · Smaller than most nearby homes

1,353 sqft (bottom 5%) · Built in 2011

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Below average

34% smaller 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

78.7 is composed by the two sections below.

Property Score

74.9Good
Living Area71
1,353 sqftGood
Year Built94
2011Excellent
Lot Size60
4,547 sqftFair
Neighbourhood Sales Activity89
Excellent

Community Score

84.5Excellent
Household Income88
Excellent
Education Level91
Excellent
Housing Stress52
Fair
Core Housing Need88
Excellent
Employment Health83
Excellent

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

around average
1,353 sqft
0255075100
Same streetBottom 19%Same areaBottom 5%CitywideTop 38%
Same street · Bridgeland Drive S
#110 / 135
Bottom 19% · Avg 1,747 sqft
Same area · Bridgwater Forest
#1,067 / 1,121
Bottom 5% · Avg 2,053 sqft
Citywide · Winnipeg
#74,512 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
496k
0255075100
Same streetBottom 23%Same areaBottom 6%CitywideTop 20%
Same street · Bridgeland Drive S
#104 / 135
Bottom 23% · Avg 575.8k
Same area · Bridgwater Forest
#1,057 / 1,121
Bottom 6% · Avg 684.1k
Citywide · Winnipeg
#39,699 / 194,458
Top 20% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 13%Same areaTop 34%CitywideTop 10%

Lot Size

around average
4,547 sqft
0255075100
Same streetTop 44%Same areaBottom 24%CitywideBottom 35%

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

140 Bridgeland Drive S — 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 9/2020CA$400k–450k
Sold price

Same street

Bottom 17%

Same area

Bottom 6%

City-wide

Top 29%

Related homes

Highlights & common questions: 140 Bridgeland Drive S, Winnipeg

Property Overview & Key Characteristics

This 2011-built, one-storey home in Bridgwater Forest offers a practical layout with 1,353 sq ft of living space on a generous 4,547 sq ft lot. Its key appeal lies in its established yet modern foundation within a sought-after community. The home presents a solid, move-in-ready canvas with an unfinished basement, offering the next owner full control to customize that space to their needs and budget.

The property suits first-time buyers or downsizers looking for a manageable single-level layout in a newer neighbourhood without the premium of a brand-new build. Its above-average lot size for the street is a notable asset, providing more outdoor space than many comparable homes. The data suggests a well-maintained property that has held its value relative to the area, making it a sensible choice for a value-conscious buyer who appreciates potential over perfection.

Frequently Asked Questions

1. How does this home compare to others in Bridgwater Forest?
The home ranks above average for its lot size on the street but is around the median for living area and year built within the wider neighbourhood. It offers a balance—a larger yard than many, with interior space that is typical for the area.

2. What does the "unfinished basement" mean for me?
The basement is a blank slate with full plumbing and electrical rough-ins likely in place (standard for a 2011 build). This allows you to finish it exactly as you wish—whether as a rec room, additional bedrooms, or a rental suite—adding significant value on your own terms and timeline.

3. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for tax purposes is not a market valuation. It’s a formula-based figure that often lags behind current market conditions. The 2020 sale price and current listing price are more accurate reflections of its market value.

4. Is the neighbourhood family-friendly?
Bridgwater Forest is a master-planned community known for its pathways, parks, and newer schools. The specific location on a quiet drive (not a through-road) enhances its family appeal.

5. What are the less obvious advantages of a 2011 build?
Homes from this era benefit from modern building codes and energy efficiency standards, but have also had over a decade for any initial construction issues to surface and be resolved. You’re buying into a settled home on a mature lot, avoiding the landscaping and adjustment period of a brand-new property.