Property score
88.9
Excellent
Overall 88.9 · Compared with neighbourhood average
2,048 sqft (bottom 47%) · Built in 2011
Located in a high-income area with median household income of ~109k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 1 place of worship nearby
Living Area
Near average
0% 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)
604
666k
$295/sqft
2011
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88.9 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111255
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
197 Park Valley Road — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 400 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 29% | Top 22% | Top 3% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 45% | Top 42% | Top 7% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home in Bridgwater Forest is a well-established property in a sought-after neighbourhood. Built in 2011, it sits on a generous 6,068 sqft lot and offers 2,048 sqft of living space. Key features include an attached garage and a basement (not renovated). The home’s recent sale history shows a sale in September 2023 for $69.50k, following a previous sale in November 2020 for $610k. Its current assessed value is $66.70k.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positioning within a popular, modern community. The lot size is notably larger than many in Winnipeg, offering ample outdoor space in a neighbourhood known for its planned amenities and family-friendly atmosphere. While the interior may benefit from updates, the structure is relatively young and solid. The home’s assessed value ranks in the top 4% city-wide, suggesting a history of value retention and a desirable location.
It would suit a buyer looking for a foothold in Bridgwater Forest who values land size and community over a turn-key, renovated interior. It’s a practical choice for a handy homeowner comfortable with gradual updates or an investor seeing potential in a high-demand area. A less obvious perspective is that the significant difference between the 2020 sale price and the current assessed/2023 sale price is a critical point for discussion, requiring clarification on market conditions or property history.
Frequently Asked Questions
1. Why is there such a large difference between the 2020 sale price and the more recent prices?
This is a key question for your real estate agent to investigate. It typically reflects broader market shifts, but understanding the specific context for this property is essential.
2. What does "basement, not renovated" imply?
It means the basement is unfinished or in its original builder state. It presents blank-canvas potential but will require investment to develop into living space.
3. How does the lot size compare to typical properties in the area?
At over 6,000 sqft, this lot is larger than 64% of others on the street and 71% across Winnipeg, which is a significant advantage for outdoor space and privacy.
4. What is the neighbourhood ranking based on?
The rankings compare this property's metrics (like lot size, living area, value) against all other homes on its street, in Bridgwater Forest, and across Winnipeg, giving a data-driven sense of how it measures up.
5. Is the 2023 sale price a reliable indicator of current market value?
While a very recent sale is a strong data point, current market value is determined by present conditions, comparable active listings, and a professional appraisal.
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