23 Maidstone Bay

Bridgwater Forest, Winnipeg

Property score

89.4

Excellent

Overall 89.4 · Compared with neighbourhood average

1,921 sqft (bottom 38%) · Built in 2011

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

Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 school, and 2 place of worships nearby

Living Area

Below average

6% 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

89.4 is composed by the two sections below.

Property Score

92.7Excellent
Living Area1,921 sqft92Excellent
Year Built201194Excellent
Lot Size9,704 sqft95Excellent
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
1,921 sqft
0255075100
Same streetBottom 31%Same areaBottom 38%CitywideTop 13%
Same street · Maidstone Bay
#9 / 13
Bottom 31% · Avg 1,930 sqft
Same area · Bridgwater Forest
#698 / 1,121
Bottom 38% · Avg 2,053 sqft
Citywide · Winnipeg
#24,961 / 194,458
Top 13% · Avg 1,342 sqft

Tax-Assessed Value

above average
589k
0255075100
Same streetBottom 38%Same areaBottom 36%CitywideTop 9%
Same street · Maidstone Bay
#8 / 13
Bottom 38% · Avg 590.9k
Same area · Bridgwater Forest
#712 / 1,121
Bottom 36% · Avg 684.1k
Citywide · Winnipeg
#17,019 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 31%Same areaTop 34%CitywideTop 10%

Lot Size

above average
9,704 sqft
0255075100
Same streetTop 15%Same areaTop 11%CitywideTop 7%

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 Maidstone Bay — 3 amenities found within 500 m, across 2 categories, including 1 education (nearest 483 m).

Search radius
🏫Education1
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 8/2019CA$500k–550k
Sold price

Same street

Bottom 37%

Same area

Bottom 32%

City-wide

Top 14%

Related homes

Highlights & common questions: 23 Maidstone Bay, Winnipeg

Property Overview

23 Maidstone Bay is a modern two-storey home in the sought-after Bridgwater Forest neighbourhood. Built in 2011, it sits on a large, private lot of nearly 10,000 square feet, which is a standout feature in the area. The home offers 1,921 sqft of living space and includes an attached garage and a renovated basement. Its appeal lies in the combination of a mature, established lot in a relatively newer community, offering both space and modern construction. The property ranks highly for its lot size and value within Winnipeg, suggesting a solid investment in a desirable location.

This home would suit buyers looking for a move-in ready property with ample outdoor space for gardening or family activities, without needing to venture to the city's outskirts. It’s also a strong match for those who value neighbourhood stability and long-term value, as the data indicates it holds its worth well against both local and city-wide comparisons.

Key Details & FAQs

Key Characteristics & Appeal
The primary draw is the exceptional lot size, which is larger than 93% of properties in Winnipeg, offering rare privacy and potential in this community. While the living area is comfortably sized, the true value is in the land. The home itself is modern with updated touches like the renovated basement, appealing to those who want minimal immediate work. Its assessed value has remained robust, performing better than most of the city, which speaks to the enduring desirability of Bridgwater Forest. It would particularly suit growing families seeking space, or downsizers who want a manageable home without sacrificing yard size, as well as value-focused investors attracted by its strong market rankings.

Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
This lot is significantly larger than many found in newer phases of development. The 9,704 sqft plot is a feature more common in older neighbourhoods, making it a unique find in a modern community like Bridgwater Forest.

2. The home was last sold in 2019. What does the sale history suggest?
It sold for $520k in 2019, which was above the neighbourhood median at the time. This indicates a history of strong buyer interest and a willingness to pay a premium for properties in this specific location, supporting its value proposition.

3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.

4. The living area ranks lower on its street but high city-wide. What does this mean?
This suggests that while the home itself is of average size for its immediate block, it is still larger than most homes across Winnipeg. The street may have a mix of larger models, but the property remains spacious by broader standards.

5. What is the significance of the high "Winnipeg Better Than" rankings?
Rankings above 90% for lot size, assessed value, and living area city-wide indicate this is a premium property compared to the overall Winnipeg market. It consistently performs in the top 10-15%, highlighting its competitive edge for resale value and desirability.

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