31 Charlottetown Road

Bridgwater Forest, Winnipeg

Property score

80.2

Excellent

Overall 80.2 · Smaller than most nearby homes

1,449 sqft (bottom 9%) · Built in 2011

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 2 place of worships nearby

Living Area

Below average

29% 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

80.2 is composed by the two sections below.

Property Score

77.3Good
Living Area1,449 sqft75Good
Year Built201194Excellent
Lot Size4,958 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
1,449 sqft
0255075100
Same streetBottom 13%Same areaBottom 9%CitywideTop 33%
Same street · Charlottetown Road
#33 / 38
Bottom 13% · Avg 1,945 sqft
Same area · Bridgwater Forest
#1,022 / 1,121
Bottom 9% · Avg 2,053 sqft
Citywide · Winnipeg
#64,814 / 194,458
Top 33% · Avg 1,342 sqft

Tax-Assessed Value

above average
541k
0255075100
Same streetBottom 21%Same areaBottom 17%CitywideTop 14%
Same street · Charlottetown Road
#30 / 38
Bottom 21% · Avg 580.2k
Same area · Bridgwater Forest
#931 / 1,121
Bottom 17% · Avg 684.1k
Citywide · Winnipeg
#26,855 / 194,458
Top 14% · Avg 390.1k

Year Built

above average
2011
0255075100
Same streetTop 16%Same areaTop 34%CitywideTop 10%

Lot Size

around average
4,958 sqft
0255075100
Same streetBottom 42%Same areaBottom 41%CitywideBottom 43%

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 Charlottetown Road — 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 47%

Same area

Top 50%

City-wide

Top 9%
Sold 6/2022CA$650k–700k
Sold price

Same street

Top 18%

Same area

Top 27%

City-wide

Top 4%
Sold 8/2016CA$400k–450k
Sold price

Same street

Bottom 6%

Same area

Bottom 11%

City-wide

Top 25%

Related homes

Highlights & common questions: 31 Charlottetown Road, Winnipeg

Property Overview & Key Characteristics

This well-maintained, one-storey home in Bridgwater Forest offers a practical and comfortable living space. Its key appeal lies in a combination of a desirable, newer-build foundation (2011) and a recently renovated basement, providing modern, move-in-ready space. With an attached garage and a generous, nearly 5,000 sqft lot, it balances indoor and outdoor living.

The home’s standout characteristic is its strong value proposition within its immediate context. While the living area is modest for the street, the property ranks highly for its newer age and recent sold price compared to wider Winnipeg, suggesting it is a competitively priced, newer home in a popular area. It would suit first-time buyers or downsizers seeking a modern, low-maintenance bungalow layout in a family-oriented neighbourhood, without the premium price tag of a brand-new build. A thoughtful perspective is that this property represents a "sweet spot" – it has already undergone key updates like the basement renovation, allowing buyers to avoid immediate major projects while still having a newer roof and major systems.


Frequently Asked Questions

1. How does the size of this home compare to others on the street?
The living area is 1,449 sqft, which is on the more modest side for Charlottetown Road, ranking better than only 13% of homes on the same street. This indicates most neighbours have larger homes, which is a factor in its accessible price point.

2. What does the sold price history indicate about the property's value?
The home sold for $575,000 in August 2024, a decrease from its 2022 sale price of $676,000. This recent sale establishes a current market value and may reflect broader market adjustments, presenting a more affordable entry point to the neighbourhood now than two years ago.

3. Is the lot size a significant feature?
Yes. At 4,958 sqft, the land area is a substantial asset, ranking better than over half the lots on the street. This provides ample private outdoor space, which is a key perk in a newer subdivision and offers potential for gardening, play, or future landscaping projects.

4. The home is noted as newer (2011). What are the advantages of this?
A 2011 build means major components like the roof, windows, furnace, and electrical system are likely still within their typical lifespans, reducing the risk of near-term costly replacements. It also means the home was built to more modern building codes and energy efficiency standards.

5. How does the assessed value relate to the recent sale price?
The 2024 assessed value is $541,000, which is notably lower than the August 2024 sale price of $575,000. This is common, as assessed values for taxation often lag behind current market values. The sale price is the definitive indicator of its recent market worth.

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