Property score
81.9
Excellent
Overall 81.9 · Smaller and older than most nearby homes
1,666 sqft (bottom 20%) · Built in 2008 (3 yrs older 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: 2 parks nearby
Living Area
Below average
19% smaller than neighborhood avg.
Year Built
Below average
3 yrs older 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
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81.9 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
3 Millbank Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 91 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 1% | Bottom 20% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 3 Millbank Avenue, Bridgwater Forest
Section 1: Key Characteristics & Appeal
This well-maintained cabover home in the popular Bridgwater Forest neighbourhood offers a practical and modern living space. Its key features include a renovated basement, an attached garage, and a generous 4,415 sqft lot, which is notably larger than many in the immediate area. Built in 2008, the home is relatively modern, requiring less immediate attention than older properties.
The appeal lies in its balance of space, updates, and location. The renovated basement adds valuable finished living area, while the large lot provides room for outdoor activities or gardening—a perk in a newer community. The home’s assessed value ranks highly city-wide, suggesting it is viewed as a solid asset. It would suit first-time buyers or young families looking for a move-in-ready home in a planned community, as well as value-conscious buyers who appreciate the upside of a larger lot and recent renovations in a newer suburb.
A less obvious perspective is its positioning within the street and neighbourhood. While the home ranks highly for its lot size and assessed value compared to all of Winnipeg, it sits among newer, often larger homes in Bridgwater Forest itself. This means the immediate area offers a high standard of comparables, which can be beneficial for long-term value but also indicates a competitive local market.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,666 sqft, the living area is below average for the immediate street but is fairly typical for the wider Bridgwater Forest neighbourhood and ranks above average for Winnipeg overall.
2. What does the "rank" information mean?
The rankings compare this property against others on the same street, in Bridgwater Forest, and across Winnipeg. For example, being in the "Top 9%" for assessed value in Winnipeg indicates a strong valuation relative to the entire city.
3. The last sale was in 2016. Is that a concern?
Not necessarily. A long ownership period can indicate a well-cared-for home and a stable neighbourhood. The significant increase from its 2016 sale price to the current assessed value also reflects market appreciation.
4. Is the lot size a significant advantage?
Yes. At over 4,400 sqft, the lot is larger than 80% of those on the same street. This provides more private outdoor space than many neighbouring properties, which is a key differentiator.
5. How does the assessed value relate to the likely selling price?
The assessed value ($571,000) is for municipal tax purposes and is a historical snapshot. It is a useful benchmark that shows the home is valued highly by the city assessor, but the final sale price will be determined by current market conditions.
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