31 Aspen Forest Point

Bridgwater Forest, Winnipeg

Property score

79.7

Good

Overall 79.7 · Smaller and older than most nearby homes

1,484 sqft (bottom 11%) · Built in 2009 (2 yrs older than avg)

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 park nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

2 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

79.7 is composed by the two sections below.

Property Score

76.5Good
Living Area1,484 sqft75Good
Year Built200990Excellent
Lot Size4,659 sqft60Fair
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

around average
1,484 sqft
0255075100
Same streetBottom 1%Same areaBottom 11%CitywideTop 32%
Same street · Aspen Forest Point
#23 / 23
Bottom 1% · Avg 2,240 sqft
Same area · Bridgwater Forest
#998 / 1,121
Bottom 11% · Avg 2,053 sqft
Citywide · Winnipeg
#61,266 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
584k
0255075100
Same streetBottom 4%Same areaBottom 34%CitywideTop 9%
Same street · Aspen Forest Point
#22 / 23
Bottom 4% · Avg 755.4k
Same area · Bridgwater Forest
#739 / 1,121
Bottom 34% · Avg 684.1k
Citywide · Winnipeg
#17,815 / 194,458
Top 9% · Avg 390.1k

Year Built

above average
2009
0255075100
Same streetTop 30%Same areaBottom 15%CitywideTop 12%

Lot Size

around average
4,659 sqft
0255075100
Same streetBottom 22%Same areaBottom 30%CitywideBottom 37%

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

31 Aspen Forest Point — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 349 m).

Search radius
🌳Parks1

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 4/2019CA$450k–500k
Sold price

Same street

Bottom 17%

Same area

Bottom 14%

City-wide

Top 23%

Related homes

Highlights & common questions: 31 Aspen Forest Point, Winnipeg

Property Overview: 31 Aspen Forest Point, Bridgwater Forest

Key Features & Ideal Buyer

This 2009-built, one-storey home in Bridgwater Forest presents a practical and comfortable living proposition. Its key characteristic is a renovated basement, adding valuable finished space to the 1,484 sqft main floor plan. The home sits on a generous 4,659 sqft lot, offering more outdoor space than many in the immediate area, and includes an attached garage.

The appeal lies in its balance of established community living and modern updates. The neighbourhood is well-developed, and the renovated basement suggests move-in readiness without major projects. Its value proposition is grounded in space and functionality rather than luxury finishes. The home ranks highly for its newer construction year compared to much of Winnipeg, but it's notably more modest in both living area and assessed value than many direct neighbours on Aspen Forest Point.

This property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a popular suburban community. It’s also a fit for value-conscious buyers who prioritize a larger lot and updated fundamentals over having the largest house on the block. The significant difference between the last sold price ($450k in 2019) and the current assessed value is a key point for buyers to discuss with their agent to understand local market dynamics.

Frequently Asked Questions

1. What does the "renovated basement" typically include in a home like this?
While specifics require a viewing, in this context and neighbourhood, it most commonly means a finished living space—likely a rec room, additional bedrooms, or a home office—with proper flooring, drywall, and lighting, adding functional square footage to the home.

2. The home ranks low for living area on its street. How noticeable is this?
The home is the smallest by living area on Aspen Forest Point. This means it may feel cozier than neighbours' homes, but it also translates to lower utility costs and less maintenance. The generous lot size helps offset this by providing ample outdoor space.

3. The assessed value seems low. Does this affect my property taxes?
Yes, property taxes are based on the assessed value. A lower assessment relative to the potential market price can be an advantage, often resulting in comparatively lower annual property taxes.

4. Bridgwater Forest is a large area. What's specific about this location?
This home is situated on a quiet point, with very close neighbouring properties. It offers a settled, established streetscape with mature landscaping, as this section of the community is now over 15 years old.

5. Why is there such a gap between the 2019 sale price and the current assessed value?
Assessed value for taxation purposes often lags behind rapid market changes. The 2019 sale reflects a past market peak, while the current assessment may not fully capture recent market shifts. A current market evaluation is essential to understand today's value.

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