23 Erin Woods Road

Bridgwater Forest, Winnipeg

Property score

87.7

Excellent

Overall 87.7 · Larger and newer than most nearby homes

2,324 sqft (top 27%) · Built in 2012 (1 yr newer 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: 1 place of worship nearby

Living Area

Above average

13% larger than neighborhood avg.

Year Built

Above average

1 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

87.7 is composed by the two sections below.

Property Score

89.9Excellent
Living Area96
2,324 sqftExcellent
Year Built94
2012Excellent
Lot Size60
4,591 sqftFair
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
2,324 sqft
0255075100
Same streetTop 33%Same areaTop 27%CitywideTop 5%
Same street · Erin Woods Road
#5 / 15
Top 33% · Avg 2,028 sqft
Same area · Bridgwater Forest
#301 / 1,121
Top 27% · Avg 2,053 sqft
Citywide · Winnipeg
#8,939 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
650k
0255075100
Same streetBottom 47%Same areaTop 41%CitywideTop 5%
Same street · Erin Woods Road
#8 / 15
Bottom 47% · Avg 700.6k
Same area · Bridgwater Forest
#459 / 1,121
Top 41% · Avg 684.1k
Citywide · Winnipeg
#10,405 / 194,458
Top 5% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetTop 47%Same areaTop 19%CitywideTop 10%

Lot Size

around average
4,591 sqft
0255075100
Same streetBottom 40%Same areaBottom 26%CitywideBottom 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

23 Erin Woods Road — 1 amenities found within 500 m, across 1 categories.

Search radius
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 6/2023CA$650k–700k
Sold price

Same street

Bottom 37%

Same area

Top 24%

City-wide

Top 4%

Related homes

Highlights & common questions: 23 Erin Woods Road, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-maintained property built in 2012. Its primary appeal lies in its above-average living space and recent, significant updates. With 2,324 sqft of living area, it ranks within the top third of homes on its street and the top 20% within the neighbourhood for size, offering more room than many comparable properties. A key feature is the renovated basement, which adds immediate functional space without the need for future investment. The home sits on a standard lot for the area and includes an attached garage.

The data suggests it would particularly suit practical buyers looking for a move-in ready home in a modern suburb, who value space and recent renovations over having the newest build on the block. It also presents a notable value perspective: while its assessed value is $650k, it last sold for nearly $690k in mid-2023, indicating a history of market valuation that exceeds its official assessment. Buyers seeking a established home in a newer community, where the landscaping and neighbourhood amenities have matured, will find its combination of space, updates, and location compelling.


Frequently Asked Questions

1. How does this home compare in size to others nearby?
At 2,324 sqft, the living area is larger than approximately 80% of homes in the Bridgwater Forest neighbourhood, placing it in the top quintile for space locally.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point for your viewing or to discuss with the listing agent to understand the quality and scope of the work.

3. The home was built in 2012. Are there any major components nearing the end of their lifespan?
While still relatively modern, a 12-year-old home may see the natural lifecycle of original appliances, the roof, or the HVAC system. A thorough inspection is recommended to assess the condition of these major items.

4. The assessed value is $650k, but it sold for $689k in 2023. Why the difference?
Property assessments for taxation often lag behind current market values. The recent sale price is a stronger indicator of its market worth, suggesting the home has been valued higher by buyers than by the municipal assessment.

5. How does the lot size and ranking affect the property?
The lot is 4,591 sqft, which is typical for the street but ranks better than only 40% of direct neighbours. This means it is a standard-sized lot for the area, not a standout feature, but is consistent with the community's planned layout.