43 Clovercrest Bay

Bridgwater Forest, Winnipeg

Property score

80.1

Excellent

Overall 80.1 · Smaller than most nearby homes

1,356 sqft (bottom 5%) · Built in 2010 (1 yr older than avg)

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

Transit 82.0 · 2-min walk to transit with 2 nearby routes

Living Area

Below average

34% smaller than neighborhood avg.

Year Built

Below average

1 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

80.1 is composed by the two sections below.

Property Score

77.2Good
Living Area1,356 sqft71Good
Year Built201090Excellent
Lot Size6,157 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

around average
1,356 sqft
0255075100
Same streetBottom 1%Same areaBottom 5%CitywideTop 38%
Same street · Clovercrest Bay
#24 / 24
Bottom 1% · Avg 2,020 sqft
Same area · Bridgwater Forest
#1,066 / 1,121
Bottom 5% · Avg 2,053 sqft
Citywide · Winnipeg
#74,129 / 194,458
Top 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
553k
0255075100
Same streetBottom 12%Same areaBottom 22%CitywideTop 12%
Same street · Clovercrest Bay
#21 / 24
Bottom 12% · Avg 616.5k
Same area · Bridgwater Forest
#879 / 1,121
Bottom 22% · Avg 684.1k
Citywide · Winnipeg
#23,975 / 194,458
Top 12% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetTop 38%Same areaBottom 33%CitywideTop 11%

Lot Size

above average
6,157 sqft
0255075100
Same streetBottom 21%Same areaTop 33%CitywideTop 28%

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

Search radius
No data within 500 m.

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 1/2021CA$500k–550k
Sold price

Same street

Bottom 10%

Same area

Bottom 27%

City-wide

Top 16%
Sold 5/2016CA$450k–500k
Sold price

Same street

Bottom 1%

Same area

Bottom 22%

City-wide

Top 18%

Related homes

Highlights & common questions: 43 Clovercrest Bay, Winnipeg

Property Overview: 43 Clovercrest Bay, Bridgwater Forest

Key Characteristics & Appeal

This well-situated, single-storey home in the popular Bridgwater Forest neighbourhood offers a practical and comfortable living space. Built in 2010, its key features include a renovated basement and an attached garage, situated on a generously sized lot of over 6,150 square feet. The home’s primary appeal lies in its established yet modern community setting and its strong value proposition within Winnipeg’s broader market. While its living space is more compact compared to some neighbours, this is balanced by the large, usable yard and the finished basement, which adds functional space.

The property suits first-time buyers or downsizers seeking a manageable, single-level layout in a family-friendly area. It also represents a solid opportunity for value-conscious buyers who prioritize lot size and community amenities over a larger interior footprint. A thoughtful perspective is that this home occupies a "sweet spot" in the market: it's newer than most Winnipeg homes, yet established enough that the neighbourhood's landscaping and community feel are fully realized. The significant jump in its assessed value since 2016 also suggests it has been a sound investment in a desirable area.

Frequently Asked Questions

1. How does this home compare to others on the street?
It has one of the largest lots on Clovercrest Bay, ranking in the top 21% for land area. However, it has the smallest living area on the street. This trade-off means more outdoor space but a cozier interior layout.

2. What is the neighbourhood like?
Bridgwater Forest is a master-planned, family-oriented community in south Winnipeg. It offers extensive pathways, parks, ponds, and nearby shopping plazas, catering to an active lifestyle.

3. Why is the assessed value much lower than the last sale price?
Municipal assessed value for tax purposes is not a direct indicator of market value. The 2021 sale price of $500k is a more current reflection of its market worth, though conditions can change.

4. Is the basement a legal suite?
The listing notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers should verify its configuration and compliance with local regulations if considering rental income.

5. What does the sale history indicate?
The home sold for $500,000 in January 2021, a significant increase from its 2016 sale price of $48,500. This indicates strong appreciation in its first decade, though past performance doesn't guarantee future gains.

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