3 Poplar Point

Bridgwater Forest, Winnipeg

Property score

81.0

Excellent

Overall 81.0 · Smaller than most nearby homes

1,520 sqft (bottom 13%) · Built in 2011

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

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Below average

26% 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

81.0 is composed by the two sections below.

Property Score

78.6Good
Living Area79
1,520 sqftGood
Year Built94
2011Excellent
Lot Size53
4,408 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

above average
1,520 sqft
0255075100
Same streetTop 26%Same areaBottom 13%CitywideTop 29%
Same street · Poplar Point
#18 / 69
Top 26% · Avg 1,263 sqft
Same area · Bridgwater Forest
#971 / 1,121
Bottom 13% · Avg 2,053 sqft
Citywide · Winnipeg
#56,913 / 194,458
Top 29% · Avg 1,342 sqft

Tax-Assessed Value

above average
550k
0255075100
Same streetTop 25%Same areaBottom 21%CitywideTop 13%
Same street · Poplar Point
#17 / 69
Top 25% · Avg 335.1k
Same area · Bridgwater Forest
#886 / 1,121
Bottom 21% · Avg 684.1k
Citywide · Winnipeg
#24,681 / 194,458
Top 13% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 9%Same areaTop 34%CitywideTop 10%

Lot Size

around average
4,408 sqft
0255075100
Same streetBottom 28%Same areaBottom 19%CitywideBottom 33%

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

3 Poplar Point — 2 amenities found within 500 m, across 1 categories.

Search radius
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 8/2024CA$550k–600k
Sold price

Same street

Top 29%

Same area

Bottom 48%

City-wide

Top 10%
Sold 11/2020CA$450k–500k
Sold price

Same street

Top 35%

Same area

Bottom 18%

City-wide

Top 20%

Related homes

Highlights & common questions: 3 Poplar Point, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest is a well-established property in a modern Winnipeg neighbourhood. Built in 2011, it sits on a generous 4,408 sqft lot and features 1,520 sqft of living space, an attached garage, and a renovated basement. Its recent sale in August 2024 for $570,000, significantly above its 2020 sale price and current assessed value, indicates strong market demand and potential for value growth. The home ranks highly for its newer construction and above-average lot size within its immediate area, appealing to buyers looking for a settled-in property in a planned community.

Key Characteristics & Appeal

The primary appeal of this home lies in its balance of space, location, and recent updates. The renovated basement adds immediate functional living area without the need for a major project. Its lot size is notably larger than many in the neighbourhood, offering more outdoor space—a valuable asset in a newer subdivision. The property suits first-time buyers or young families seeking a move-in-ready home in a community with established amenities, as well as value-conscious buyers who recognize the upside in a home with a recent, high-quality renovation. A less obvious perspective is its appeal to data-driven buyers: the home consistently ranks in the top tiers for year-built and lot size on its street, suggesting it was a premium lot for its time and is among the newer homes in the area, which can be a advantage for maintenance and infrastructure.

Frequently Asked Questions

1. What does the "renovated basement" include?
While the listing confirms the basement is renovated, specific details on finishes, layout, or whether it includes a legal suite should be verified with the seller or listing agent.

2. How does the recent sale price compare to the assessed value?
The home sold for $570,000 in August 2024, which is $20,000 above its current $550,000 assessed value. This typically reflects strong buyer demand and market conditions at the time of sale.

3. What are the main features of the Bridgwater Forest neighbourhood?
Bridgwater Forest is a master-planned community in south Winnipeg known for its parks, pathways, ponds, and family-friendly atmosphere with nearby schools and shopping.

4. Is the property subject to any local improvement charges or development fees?
As a home built in 2011 in a newer area, it's important to inquire if any frontage levies or local improvement charges have been fully paid or if any are pending.

5. What is the significance of the lot size ranking?
The lot is larger than 72% of others on the same street. This means you're getting more yard space than is typical for the area, which can provide more privacy and room for outdoor activities or landscaping.