Property score
87.3
Excellent
Overall 87.3 · Larger but older than most nearby homes
2,391 sqft (top 21%) · Built in 2008 (3 yrs older than avg)
Located in a high-income area with median household income of ~109k
Transit 88.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Below average
3 yrs older 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
87.3 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
2 Millbank Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 137 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 | Bottom 11% | Bottom 32% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
2 Millbank Avenue is a well-established two-storey home in the popular Bridgwater Forest neighbourhood. Built in 2008, it sits on a generous 4,804 sqft lot and features 2,391 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in offering substantial space and modern updates within a sought-after, family-oriented community. The home’s standout characteristic is its impressive size relative to the area; its living area ranks in the top 3% of Winnipeg, making it a notably spacious offering. While the house itself is older than many in its immediate neighbourhood, it benefits from mature landscaping and established surroundings.
This property would suit a growing family or a buyer seeking a "move-in ready" home with ample room, prioritizing interior space and a renovated basement over having the newest build on the block. It’s also a strong match for those who value community amenities and parks, as Bridgwater Forest is designed with these features in mind. A thoughtful perspective for buyers is to consider the value of an older home in a newer area: it often comes with a more developed yard and settled streetscape, while the renovated basement adds immediate functional living space without the need for a major project.
Frequently Asked Questions
1. How does the age of this home compare to others in Bridgwater Forest?
Built in 2008, this home is among the earlier builds in this development. It ranks as older than 98% of homes in the immediate neighbourhood, meaning most surrounding houses are newer. This can be an advantage for buyers preferring more mature trees and established gardens.
2. What does the assessed value indicate?
The assessed value of $66,30k is a municipal valuation for tax purposes and is not a market price. It ranks in the top 4% for Winnipeg and top 26% for the neighbourhood, suggesting the property is considered well above average in value by the assessor, which typically reflects its size, location, and improvements.
3. The home last sold in March 2020 for $520k. How is that relevant today?
That sale price provides a historical benchmark, but the market has undergone significant changes since early 2020. It’s most useful for understanding the property’s appreciation trajectory over time rather than as a direct indicator of its current value.
4. Is the lot size typical for the area?
Yes. At 4,804 sqft, the lot is larger than 90% of others on Millbank Avenue, making it one of the larger parcels on the street. This is a key feature, offering more outdoor space than many neighbouring properties.
5. Who might this home not suit?
Buyers seeking a brand-new build or the latest modern architectural styles may find the 2008 build date less appealing. Additionally, those who prioritize having a home newer than most in their immediate vicinity might prefer a different property in the area.
