271 Bridgeland Drive N

Bridgwater Forest, Winnipeg

Property score

77.6

Good

Overall 77.6 · Smaller than most nearby homes

1,300 sqft (bottom 4%) · Built in 2010 (1 yr older than avg)

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

Transit 70.0 · 1-min walk to transit with 1 nearby route

Living Area

Below average

37% 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

77.6 is composed by the two sections below.

Property Score

73.0Good
Living Area71
1,300 sqftGood
Year Built90
2010Excellent
Lot Size53
4,063 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

around average
1,300 sqft
0255075100
Same streetBottom 16%Same areaBottom 4%CitywideTop 42%
Same street · Bridgeland Drive N
#113 / 135
Bottom 16% · Avg 1,747 sqft
Same area · Bridgwater Forest
#1,078 / 1,121
Bottom 4% · Avg 2,053 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

above average
494k
0255075100
Same streetBottom 21%Same areaBottom 5%CitywideTop 21%
Same street · Bridgeland Drive N
#106 / 135
Bottom 21% · Avg 575.8k
Same area · Bridgwater Forest
#1,064 / 1,121
Bottom 5% · Avg 684.1k
Citywide · Winnipeg
#40,347 / 194,458
Top 21% · Avg 390.1k

Year Built

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

Lot Size

around average
4,063 sqft
0255075100
Same streetBottom 30%Same areaBottom 6%CitywideBottom 27%

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

Search radius
No data within 500 m.

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 4/2022CA$500k–550k
Sold price

Same street

Top 45%

Same area

Bottom 34%

City-wide

Top 13%

Related homes

Highlights & common questions: 271 Bridgeland Drive N, Winnipeg

Property Overview

This 2010-built, one-storey home in Bridgwater Forest is a practical choice for buyers seeking a move-in-ready space with a modern foundation. Its key appeal lies in a desirable balance: it's a newer home in a well-regarded community that has already undergone a basement renovation, offering immediate livable space without a major project. The detached garage and a lot size over 4,000 sqft provide good utility and outdoor potential for the neighbourhood.

The home suits first-time buyers or downsizers looking for single-level living in a suburban setting. Its assessed value ranks highly within Winnipeg (top 19%), suggesting stable municipal valuation, and the 2022 sale price was notably higher than the current assessment, indicating perceived value at that time. A thoughtful perspective is that while the living area is modest, the renovated basement effectively expands the functional space. The property ranks better on its street than in the wider Bridgwater Forest area, hinting at a good micro-location within the community.


Frequently Asked Questions

1. How does the property's size compare to the neighbourhood?
At 1,300 sqft of living area, the home is smaller than about 76% of properties in Bridgwater Forest, offering a more manageable footprint. However, the lot size is generous, and the renovated basement adds significant functional space not fully captured in the main living area figure.

2. What do the ranking percentages mean?
These metrics compare the home against specific groups. For example, its assessed value is higher than 81% of Winnipeg homes (top 19%), indicating a strong municipal valuation city-wide. Conversely, being "better than 6% in neighbourhood" for land area means the lot is smaller than most in Bridgwater Forest specifically.

3. The home sold for $525k in 2022, but the assessed value is $494k. Why the difference?
Municipal assessments for tax purposes often lag behind market sale prices and are based on mass appraisal models. The 2022 sale price reflects what a buyer was willing to pay in the open market at that time, while the assessment is an estimate of value for taxation as of a specific valuation date.

4. Is the basement renovation reflected in the assessed value?
Typically, finished living space is included in a property's assessment. The fact that the assessed value is quite strong relative to the city suggests the renovation is likely accounted for, but a buyer should verify the status and quality of the renovation with their own inspection.

5. Who might this property not suit?
Buyers needing extensive main-floor living space or a larger footprint above grade may find the 1,300 sqft limiting. Those seeking a home with a pool or an attached garage would also need to look elsewhere. It's best for those who value a newer build, a renovated basement, and a low-maintenance yard in a suburban community.