148 Bridgeland Drive S

Bridgwater Forest, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Newer than most nearby homes

2,072 sqft (bottom 49%) · Built in 2012 (1 yr newer than avg)

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

Near average

1% larger than neighborhood avg.

Year Built

Above average

1 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

87.0 is composed by the two sections below.

Property Score

88.7Excellent
Living Area2,072 sqft94Excellent
Year Built201294Excellent
Lot Size4,726 sqft60Fair
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

above average
2,072 sqft
0255075100
Same streetTop 27%Same areaBottom 49%CitywideTop 9%
Same street · Bridgeland Drive S
#36 / 135
Top 27% · Avg 1,747 sqft
Same area · Bridgwater Forest
#573 / 1,121
Bottom 49% · Avg 2,053 sqft
Citywide · Winnipeg
#17,769 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
632k
0255075100
Same streetTop 27%Same areaTop 48%CitywideTop 6%
Same street · Bridgeland Drive S
#36 / 135
Top 27% · Avg 575.8k
Same area · Bridgwater Forest
#543 / 1,121
Top 48% · Avg 684.1k
Citywide · Winnipeg
#11,784 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
2012
0255075100
Same streetTop 5%Same areaTop 19%CitywideTop 10%

Lot Size

around average
4,726 sqft
0255075100
Same streetTop 33%Same areaBottom 33%CitywideBottom 38%

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

148 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 8/2024CA$650k–700k
Sold price

Same street

Top 17%

Same area

Top 24%

City-wide

Top 4%

Related homes

Highlights & common questions: 148 Bridgeland Drive S, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest, built in 2012, presents a compelling blend of space, modern updates, and established community living. Its appeal lies in offering a move-in-ready property with a renovated basement in a sought-after, family-oriented neighbourhood. The home sits on a generous lot and its living area is notably spacious compared to most in the area.

Key Characteristics & Ideal Buyer

The home’s standout feature is its above-average living space of over 2,000 square feet, placing it in the top tier for size both on its street and city-wide. It combines this space with a modern touch through a renovated basement. The lot size is also substantial, offering good outdoor potential. Having sold recently in mid-2024, it has a clear, current market valuation.

Its appeal is grounded in practicality: it’s a turnkey property for buyers seeking room to grow without the need for immediate major renovations. It would suit a growing family looking for established community amenities in Bridgwater Forest, or a professional couple planning for the future who value both interior space and outdoor room. A thoughtful perspective is that while the home is not new, its 2012 build date means it’s past the initial settling phase of a brand-new house, yet still modern, potentially offering a balance of updated features and proven neighbourhood maturity.


Frequently Asked Questions

1. How does the property’s value compare to the area?
The home’s recent sale price and assessed value rank in the top 5-10% of Winnipeg, and top third within Bridgwater Forest, indicating it is considered a premium property within an already desirable neighbourhood.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent to understand the quality and functionality of the added space.

3. Is the lot size typical for Bridgwater Forest?
At approximately 4,700 sq ft, the lot is larger than 67% of others on the same street, suggesting more backyard space or frontage than many of its immediate neighbours.

4. How does the living space compare to nearby homes?
With just over 2,070 sq ft of living area, this home is significantly larger than many in the area. For reference, a nearby property on Almington Bay listed for comparison has about 1,450 sq ft.

5. The home was just sold in 2024. Why is it back on the market?
This is not explicitly stated and would require direct inquiry. Possibilities range from a change in the owner’s circumstances to a strategic investment purchase and resale.

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