196 Bridgeland Drive S

Bridgwater Forest, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Larger than most nearby homes

2,536 sqft (top 9%) · Built in 2010 (1 yr older 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: 1 school, and 1 place of worship nearby

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Below average

1 yrs older 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

89.2 is composed by the two sections below.

Property Score

92.4Excellent
Living Area2,536 sqft98Excellent
Year Built201090Excellent
Lot Size5,861 sqft74Good
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
2,536 sqft
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 3%
Same street · Bridgeland Drive S
#4 / 135
Top 3% · Avg 1,747 sqft
Same area · Bridgwater Forest
#98 / 1,121
Top 9% · Avg 2,053 sqft
Citywide · Winnipeg
#5,144 / 194,458
Top 3% · Avg 1,342 sqft

Tax-Assessed Value

Elite
716k
0255075100
Same streetTop 15%Same areaTop 26%CitywideTop 4%
Same street · Bridgeland Drive S
#20 / 135
Top 15% · Avg 575.8k
Same area · Bridgwater Forest
#294 / 1,121
Top 26% · Avg 684.1k
Citywide · Winnipeg
#6,812 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 36%Same areaBottom 33%CitywideTop 11%

Lot Size

above average
5,861 sqft
0255075100
Same streetTop 10%Same areaTop 40%CitywideTop 36%

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

196 Bridgeland Drive S — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 494 m).

Search radius
🏫Education1
Worship1

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 10/2017CA$600k–650k
Sold price

Same street

Top 27%

Same area

Top 44%

City-wide

Top 7%

Related homes

Highlights & common questions: 196 Bridgeland Drive S, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a standout property, particularly for its generous space and prime positioning within a modern Winnipeg neighbourhood. Built in 2010, it sits on a large lot and offers over 2,500 square feet of living area. Its appeal lies in a combination of a renovated basement and a size that is exceptionally rare for its immediate street and wider community—ranking in the top 1-2% for living space locally. While the home is newer than most in Winnipeg, it is among the older homes within Bridgwater Forest itself, suggesting a more established streetscape. The property suits buyers prioritizing interior square footage and lot size over a brand-new build, and who value a home that already has key upgrades like a finished basement. It’s ideal for growing families or those who entertain, looking for a move-in ready home in a sought-after, planned community.

Key Details & Questions

What are the key features of this home?
The home is a two-storey with an attached garage, built in 2010. Its most notable features are the renovated basement and its substantial size: a 2,536 sqft living area on a 5,861 sqft lot, which is significantly larger than most comparable homes in the area.

How does this property compare to others nearby?
It ranks exceptionally high for living space, lot size, and assessed value on its street and in Bridgwater Forest. For example, its living area is larger than 99% of homes on the same street. A nearby reference property on Almington Bay, built a year later, has nearly 1,100 fewer square feet of living space.

What is the neighbourhood like?
Bridgwater Forest is a modern, planned community in Winnipeg. The property’s high rankings for lot and home size within this neighbourhood indicate it is one of the more substantial homes in this relatively new area.

Why is the assessed value much lower than the last sale price?
The property was last sold in 2017 for $600,000, while its current assessed value is $71,600. This large discrepancy is normal; municipal assessed value for tax purposes is not an indicator of market value and is typically a fraction of a home’s sale price.

Is this a good investment?
The home’s historical sale price ranked in the top 10% on its street at the time, and its metrics for size and value remain consistently high against local benchmarks. This suggests a property with enduring appeal in its market segment, though any investment depends on current market conditions and personal circumstances.

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