Property score
89.6
Excellent
Overall 89.6 · Newer than most nearby homes
2,237 sqft (top 38%) · Built in 2015 (4 yrs newer than avg)
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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby
Living Area
Near average
9% larger than neighborhood avg.
Year Built
Above average
4 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
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
89.6 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
23 Deer Ridge Bay — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 144 m), 2 healthcare (nearest 242 m), 3 shopping (nearest 170 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 33% | Top 44% | Top 7% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 7% | Bottom 39% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 23 Deer Ridge Bay, Bridgwater Forest
Key Characteristics & Appeal
This well-situated two-storey home in Bridgwater Forest presents a compelling opportunity. Built in 2015, it offers modern construction within a sought-after neighbourhood. The property stands out for its generous 6,116 sqft lot, which is larger than two-thirds of the homes on its street, providing ample outdoor space. With 2,237 sqft of living area, the home is more spacious than nearly three-quarters of comparable properties in the immediate area. Its appeal is rooted in a balance of space, a relatively recent build, and a location that ranks highly across Winnipeg for both value and property size. The attached garage and existing (though unrenovated) basement add functional potential.
This home would suit buyers looking for a move-in ready, modern family home in a established community, who also value the possibility of future customization, particularly in the basement. It’s also a strong fit for those who prioritize lot size for gardening, play, or outdoor living, which can be harder to find in newer subdivisions. The strong rankings against city-wide metrics suggest a property that holds intrinsic value and appeal beyond its immediate block.
Frequently Asked Questions
1. How does the property’s value trajectory look?
The home sold for $540,000 in 2017 and then $600,000 in 2023. This indicates steady appreciation over six years, even through varying market conditions, which can be a positive sign of the area's stability and the property's maintained value.
2. What do the "rank" percentages actually mean?
These metrics compare this specific property against others on its street, in Bridgwater Forest, and across all of Winnipeg. For example, being "better than 92% in Winnipeg" for year built means it is newer than 92% of all homes in the city, a significant mark of its modern status.
3. Is the basement finished?
No, the listing specifies the basement exists but is "not renovated." This presents both a cost consideration and an opportunity for a buyer to customize the space to their own needs and tastes in the future.
4. The last sale was in 2023. Why is it back on the market so soon?
While the listing doesn't specify a reason, short-term ownership can be due to many life changes unrelated to the property itself, such as job relocation or family circumstances. It’s always a prudent question to ask the selling agent.
5. How does the assessed value relate to the likely selling price?
The municipal assessed value is $65,100k (or $651,000), which is used for calculating property taxes. It is a provincial assessment, not a market appraisal. The 2023 sale price of $600,000 is a more current indicator of market value, though conditions may have shifted since that sale.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
