204 Bridgeland Drive S

Bridgwater Forest, Winnipeg

Property score

87.0

Excellent

Overall 87.0 · Compared with neighbourhood average

1,932 sqft (bottom 39%) · 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

Below average

6% smaller 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

87.0 is composed by the two sections below.

Property Score

88.7Excellent
Living Area92
1,932 sqftExcellent
Year Built90
2010Excellent
Lot Size74
5,839 sqftGood
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

above average
1,932 sqft
0255075100
Same streetTop 30%Same areaBottom 39%CitywideTop 13%
Same street · Bridgeland Drive S
#40 / 135
Top 30% · Avg 1,747 sqft
Same area · Bridgwater Forest
#689 / 1,121
Bottom 39% · Avg 2,053 sqft
Citywide · Winnipeg
#24,382 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
627k
0255075100
Same streetTop 27%Same areaTop 50%CitywideTop 6%
Same street · Bridgeland Drive S
#37 / 135
Top 27% · Avg 575.8k
Same area · Bridgwater Forest
#561 / 1,121
Top 50% · Avg 684.1k
Citywide · Winnipeg
#12,240 / 194,458
Top 6% · Avg 390.1k

Year Built

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

Lot Size

above average
5,839 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

204 Bridgeland Drive S — 2 amenities found within 500 m, across 2 categories, including 1 education (nearest 468 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 10/2021CA$650k–700k
Sold price

Same street

Top 18%

Same area

Top 25%

City-wide

Top 4%

Related homes

Highlights & common questions: 204 Bridgeland Drive S, Winnipeg

Property Overview & Key Characteristics

This 2010-built home in Bridgwater Forest presents a compelling blend of space, location, and established value. Its key appeal lies in its generous proportions: the nearly 1,950 sq ft living area ranks in the top 10% for its street, and the lot size of over 5,800 sq ft is notably larger than most in the area. The home features an attached garage and a renovated basement, adding functional living space. Its assessed value and strong past sale price consistently rank in the top 10% citywide, indicating a well-regarded property in a desirable community.

The property would suit buyers looking for a move-in ready home in a mature, family-oriented neighbourhood. It’s ideal for those who prioritize interior space and a larger yard over having the absolute newest build. The strong value rankings suggest it appeals to pragmatic buyers seeking a home with a proven track record of stability in the Winnipeg market. A less obvious perspective is that a 16-year-old home in this area often represents a "sweet spot"—early issues are resolved, the community is fully established, and the landscaping is mature, yet the home is far from dated.


Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
At 5,839 sq ft, this lot is significantly larger than many found in newer subdivisions, offering more outdoor space for gardening, play, or entertaining.

2. What does the "renovated basement" include?
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 seller or listing agent.

3. The home was built in 2010. Are there any major components nearing replacement?
As a 16-year-old home, key components like the roof, major appliances, and the HVAC system may be approaching their typical lifespans. A thorough inspection is recommended to assess their condition.

4. The assessed value seems low compared to the last sale price. Why?
Municipal assessed value (62.70k) is for taxation purposes and often lags behind market value. The 2021 sale price of 680k is a more accurate reflection of its recent market worth.

5. How does Bridgwater Forest compare to other Winnipeg communities for amenities and access?
Bridgwater Forest is a planned, family-focused community with parks, pathways, and nearby schools. Its appeal is its self-contained, suburban feel, though commuting access should be considered based on your daily needs.