47 Deer Ridge Bay

Bridgwater Forest, Winnipeg

Property score

90.7

Excellent

Overall 90.7 · Larger and newer than most nearby homes

2,350 sqft (top 25%) · Built in 2013 (2 yrs newer than avg)

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

Transit 80.0 · 3-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

14% 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

90.7 is composed by the two sections below.

Property Score

94.8Excellent
Living Area2,350 sqft96Excellent
Year Built201394Excellent
Lot Size8,947 sqft93Excellent
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
2,350 sqft
0255075100
Same streetTop 28%Same areaTop 25%CitywideTop 4%
Same street · Deer Ridge Bay
#8 / 29
Top 28% · Avg 2,053 sqft
Same area · Bridgwater Forest
#276 / 1,121
Top 25% · Avg 2,053 sqft
Citywide · Winnipeg
#8,330 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
655k
0255075100
Same streetTop 28%Same areaTop 39%CitywideTop 5%
Same street · Deer Ridge Bay
#8 / 29
Top 28% · Avg 616.8k
Same area · Bridgwater Forest
#437 / 1,121
Top 39% · Avg 684.1k
Citywide · Winnipeg
#10,056 / 194,458
Top 5% · Avg 390.1k

Year Built

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

Lot Size

above average
8,947 sqft
0255075100
Same streetTop 10%Same areaTop 11%CitywideTop 9%

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

47 Deer Ridge Bay — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 151 m), 2 healthcare (nearest 231 m), 3 shopping (nearest 222 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 6/2024CA$750k–800k
Sold price

Same street

Top 7%

Same area

Top 14%

City-wide

Top 2%
Sold 4/2022CA$700k–750k
Sold price

Same street

Top 13%

Same area

Top 15%

City-wide

Top 3%

Related homes

Highlights & common questions: 47 Deer Ridge Bay, Winnipeg

Property Overview

This two-storey home in Bridgwater Forest presents a compelling opportunity. Built in 2013, it sits on a large, nearly 9,000 sqft lot—a standout feature that ranks in the top 10% for size on its street. The home itself offers 2,350 sqft of living space, which is notably spacious, placing it in the top 4% of Winnipeg. Key features include an attached garage and a renovated basement. Its appeal lies in the combination of a modern, well-sized home on a premium lot within a sought-after, family-oriented neighbourhood. The recent sale history shows significant value appreciation, suggesting a solid and desirable investment.

This property would suit buyers looking for established, move-in-ready family homes with ample outdoor space and room to grow. It’s particularly well-matched for those who value privacy and yard size over having a brand-new build, and for investors or homeowners attracted by a track record of strong market performance in a prime area.


Frequently Asked Questions

How does the lot size compare to others in the area?
The lot is 8,947 sqft, which is larger than 90% of properties on the same street and places it in the top tier for land area within Bridgwater Forest.

What does the sale history indicate about the property's value?
The home sold for $750,000 in June 2024, a substantial increase from its previous sale of $742,000 in April 2022. Both recent sale prices rank in the top 3% for Winnipeg, demonstrating strong and consistent market value.

Is the basement finished?
Yes, the basement has been renovated, adding to the home's liveable space.

How does the living area compare to typical homes?
At 2,350 sqft, the living area is larger than 96% of homes in Winnipeg, making it a spacious option within the city.

The home was built in 2013. Is that considered old for this neighbourhood?
While newer homes exist, being built 13 years ago places it newer than 90% of Winnipeg homes overall. In Bridgwater Forest, a community with many new builds, it is newer than 75% of properties, positioning it as a relatively modern home in a developing area.

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