198 Highland Creek Road

Bridgwater Forest, Winnipeg

Property score

92.8

Excellent

Overall 92.8 · Larger and newer than most nearby homes

3,482 sqft (top 1%) · Built in 2019 (8 yrs newer than avg)

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

Transit 80.0 · 3-min walk to transit with 3 nearby routes

Living Area

Above average

70% larger than neighborhood avg.

Year Built

Above average

8 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

92.8 is composed by the two sections below.

Property Score

98.4Excellent
Living Area100
3,482 sqftExcellent
Year Built97
2019Excellent
Lot Size97
11,966 sqftExcellent
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

Elite
3,482 sqft
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 1%
Same street · Highland Creek Road
#2 / 77
Top 3% · Avg 2,295 sqft
Same area · Bridgwater Forest
#5 / 1,121
Top 1% · Avg 2,053 sqft
Citywide · Winnipeg
#938 / 194,458
Top 1% · Avg 1,342 sqft

Tax-Assessed Value

Elite
1.66M
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%
Same street · Highland Creek Road
#1 / 77
Top 1% · Avg 933.2k
Same area · Bridgwater Forest
#2 / 1,121
Top 1% · Avg 684.1k
Citywide · Winnipeg
#284 / 194,458
Top 1% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 4%

Lot Size

Elite
11,966 sqft
0255075100
Same streetTop 26%Same areaTop 5%CitywideTop 4%

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

Search radius
No data within 500 m.

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 5/2021CA$1.6M–1.65M
Sold price

Same street

Top 6%

Same area

Top 1%

City-wide

Top 1%

Related homes

Highlights & common questions: 198 Highland Creek Road, Winnipeg

Property Overview: 198 Highland Creek Road, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2019, stands out for its generous proportions and prime position within the sought-after Bridgwater Forest community. Its primary appeal lies in offering modern, move-in-ready space on one of the larger lots in the area (nearly 12,000 sqft), a rare combination in newer neighbourhoods. The home features a renovated basement, an attached garage, and a substantial 3,482 sqft of living area, placing it in the top tier of homes locally for size and newer construction.

The property’s standout feature is its exceptional ranking across key metrics. It consistently places in the top 5% of its street, neighbourhood, and even the entire city of Winnipeg for lot size, living area, and assessed value. This isn’t just a nice home; it’s a statistically significant property within its market, suggesting a strong foundation for long-term value. It would perfectly suit a growing family seeking ample indoor and outdoor space without sacrificing modern amenities, or a value-conscious buyer who prioritizes a home that outperforms its peers on paper. The appeal is for those who want a established, premium property in a newer community without the wait and uncertainty of a custom build.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and whether it includes a legal suite or additional bedrooms should be verified with the selling agent or through a viewing.

2. The assessed value is much lower than the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind market value and is calculated using a specific formula. The 2021 sale price of $1,600,000 is a clearer indicator of its market value at that time. The current assessed value should not be mistaken for a listing or expected sale price.

3. How does such a large lot impact upkeep?
While a nearly 12,000 sqft lot offers great privacy and space, prospective buyers should consider the associated maintenance for landscaping, gardening, and snow removal, which will be greater than for a standard lot.

4. The home ranks highly for being new (2019). What are the advantages?
A 7-year-old home likely means modern building codes, newer major systems (like HVAC and plumbing), and contemporary floor plans, potentially reducing immediate repair costs. It also may still have some original manufacturer warranties in effect.

5. The "similar assessed value" list shows homes in different areas. What does this mean?
This is a tax assessment comparison, not a market comparison. It shows other properties the city has deemed to have a similar value for tax calculation. These homes may be in different neighbourhoods and of different styles, underscoring that assessed value is a specific administrative metric, not a direct guide to market price or neighbourhood desirability.