35 Deer Ridge Bay

Bridgwater Forest, Winnipeg

Property score

89.6

Excellent

Overall 89.6 · Larger and newer than most nearby homes

2,364 sqft (top 23%) · Built in 2013 (2 yrs newer than avg)

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: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Above average

2 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

89.6 is composed by the two sections below.

Property Score

93.0Excellent
Living Area2,364 sqft96Excellent
Year Built201394Excellent
Lot Size6,035 sqft81Excellent
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

Elite
2,364 sqft
0255075100
Same streetTop 24%Same areaTop 23%CitywideTop 4%
Same street · Deer Ridge Bay
#7 / 29
Top 24% · Avg 2,053 sqft
Same area · Bridgwater Forest
#262 / 1,121
Top 23% · Avg 2,053 sqft
Citywide · Winnipeg
#7,975 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

above average
642k
0255075100
Same streetTop 45%Same areaTop 45%CitywideTop 6%
Same street · Deer Ridge Bay
#13 / 29
Top 45% · Avg 616.8k
Same area · Bridgwater Forest
#502 / 1,121
Top 45% · Avg 684.1k
Citywide · Winnipeg
#11,016 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetBottom 38%Same areaTop 14%CitywideTop 9%

Lot Size

around average
6,035 sqft
0255075100
Same streetTop 38%Same areaTop 37%CitywideTop 31%

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

35 Deer Ridge Bay — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 129 m), 2 healthcare (nearest 221 m), 3 shopping (nearest 185 m).

Search radius
🍽️Dining3
🏥Healthcare2
🛒Shopping3
🏦Finance2
Fuel Stations1
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 10/2020CA$550k–600k
Sold price

Same street

Bottom 20%

Same area

Bottom 47%

City-wide

Top 10%

Related homes

Highlights & common questions: 35 Deer Ridge Bay, Winnipeg

Property Overview: 35 Deer Ridge Bay, Bridgwater Forest

Section 1: Key Characteristics & Appeal

This two-storey home in Bridgwater Forest is a modern, well-sized property built in 2013. Its key strength lies in its above-average space and recent updates. With a generous 2,364 sqft of living area and a 6,035 sqft lot, it offers more room than most homes in Winnipeg, ranking in the top 4% and top 31% respectively for size. The home features a renovated basement and an attached garage.

The appeal is rooted in its balance of contemporary living and established maturity. Unlike brand-new builds, the 13-year-old home has passed the initial settling phase, while the renovated basement suggests key updates are already handled. Its lot size is notably larger than many in the newer community, offering valuable outdoor space. The property’s assessed value ranks highly city-wide, indicating strong fundamental value relative to the market.

This home would suit growing families or professionals seeking space in a planned neighbourhood without the wait and unpredictability of a new construction project. It’s also a practical fit for buyers who appreciate a home that has been lived in and partially updated, but still allows for personalization.


Section 2: Frequently Asked Questions

1. How does the past sale price compare to the current assessment?
The home sold for $56,600 in October 2020. Its current assessed value is $64,200. This increase aligns with broader market trends over that period and suggests steady valuation growth.

2. Is the lot size typical for Bridgwater Forest?
At over 6,000 sqft, the lot is larger than 62% of others on Deer Ridge Bay. In a newer community where lots can be smaller, this is a distinct advantage for privacy and outdoor use.

3. What does the "ranking" data actually tell a buyer?
The rankings contextualize the home’s metrics. For example, living area is in the top 4% for Winnipeg, meaning it’s exceptionally spacious city-wide. Conversely, being newer than only 38% of homes on its own street suggests the immediate block has a mix of both newer and slightly older homes.

4. The home is 13 years old. What should I consider?
A home of this age is past the initial warranty period but is still modern. Major components like the roof, HVAC, and appliances may be nearing mid-life, so a thorough inspection is advised. The renovated basement is a positive, but understanding the scope and permits of that work is important.

5. How does the assessed value impact property taxes?
Property taxes are calculated using the assessed value. While a high assessment indicates strong market value, it also forms the base for your tax bill. Comparing the mill rate in Bridgwater Forest to other areas will give you a clearer picture of annual costs.

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