23 Charlottetown Road

Bridgwater Forest, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Compared with neighbourhood average

1,972 sqft (bottom 41%) · Built in 2011

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Near average

4% 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)

Sold Count

604

Median price

666k

$/sqft

$295/sqft

Avg build year

2011

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Property score

89.6 is composed by the two sections below.

Property Score

93.0Excellent
Living Area1,972 sqft92Excellent
Year Built201194Excellent
Lot Size11,438 sqft97Excellent
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

above average
1,972 sqft
0255075100
Same streetBottom 39%Same areaBottom 41%CitywideTop 12%
Same street · Charlottetown Road
#23 / 38
Bottom 39% · Avg 1,945 sqft
Same area · Bridgwater Forest
#663 / 1,121
Bottom 41% · Avg 2,053 sqft
Citywide · Winnipeg
#22,438 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

above average
554k
0255075100
Same streetBottom 29%Same areaBottom 22%CitywideTop 12%
Same street · Charlottetown Road
#27 / 38
Bottom 29% · Avg 580.2k
Same area · Bridgwater Forest
#876 / 1,121
Bottom 22% · Avg 684.1k
Citywide · Winnipeg
#23,717 / 194,458
Top 12% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 16%Same areaTop 34%CitywideTop 10%

Lot Size

Elite
11,438 sqft
0255075100
Same streetTop 13%Same areaTop 7%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

23 Charlottetown Road — 2 amenities found within 500 m, across 1 categories.

Search radius
Worship2

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 8/2024CA$600k–650k
Sold price

Same street

Top 41%

Same area

Top 44%

City-wide

Top 7%

Related homes

Highlights & common questions: 23 Charlottetown Road, Winnipeg

Property Summary: 23 Charlottetown Road, Bridgwater Forest

Key Characteristics & Appeal

This two-storey home in the popular Bridgwater Forest neighbourhood is positioned as a solid, modern family property. Built in 2011, it sits on a notably large lot of over 11,400 sqft, which ranks in the top 7% for size within the neighbourhood. This generous outdoor space is a key asset, offering significant potential for gardening, recreation, or future expansion. The home itself offers nearly 2,000 sqft of living space with an attached garage and an unfinished basement, presenting a blank canvas for future customization.

Its primary appeal lies in its established location within a sought-after, relatively new community, combined with the rarity of a larger lot. The recent sale price in August 2024 suggests strong market recognition. It would suit buyers looking for a move-in ready home in a family-oriented area who also value the long-term potential that a sizable, unrenovated basement and a premium lot size provide. It’s a practical choice for those who see value in both the present condition and the future possibilities the property holds.

Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 11,438 sqft lot is a standout feature, ranking larger than 93% of lots in Bridgwater Forest. This is significantly above average for the area, offering more private outdoor space than most neighbouring properties.

2. Is the basement developed?
No, the basement is noted as unfinished. This is often seen as a positive for buyers wanting to customize the space to their own needs, though it requires planning and investment for development.

3. How does the recent sale price compare to the city assessment?
The home sold for $600,000 in August 2024, which is substantially higher than its $55,400 assessed value. It’s important to remember that municipal assessments in Manitoba are primarily for tax purposes and often do not reflect current market value, which is determined by recent sales of comparable homes.

4. What is the neighbourhood ranking based on?
The rankings provided compare this property’s specific metrics (like lot size, year built, and sold price) against all other properties on its street, in Bridgwater Forest, and across Winnipeg. For example, its sold price ranks better than 93% of all Winnipeg homes, indicating it was a higher-value transaction city-wide.

5. Are the nearby and similar-value listings direct comparisons?
The listed properties are provided for context. Nearby addresses show physical proximity, while "similar assessed value" listings only match the city's tax assessment figure, not necessarily the market value, style, or condition of the home. They highlight how assessment values can be similar across very different locations and property types.

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