48 Bridlewood Road

Bridgwater Forest, Winnipeg

Property score

87.9

Excellent

Overall 87.9 · Compared with neighbourhood average

2,231 sqft (top 39%) · Built in 2010 (1 yr older 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

Living Area

Near average

9% larger 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

87.9 is composed by the two sections below.

Property Score

90.1Excellent
Living Area2,231 sqft96Excellent
Year Built201090Excellent
Lot Size5,143 sqft67Good
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

above average
2,231 sqft
0255075100
Same streetTop 42%Same areaTop 39%CitywideTop 6%
Same street · Bridlewood Road
#18 / 43
Top 42% · Avg 2,145 sqft
Same area · Bridgwater Forest
#435 / 1,121
Top 39% · Avg 2,053 sqft
Citywide · Winnipeg
#11,726 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

above average
615k
0255075100
Same streetBottom 14%Same areaBottom 47%CitywideTop 7%
Same street · Bridlewood Road
#37 / 43
Bottom 14% · Avg 737.5k
Same area · Bridgwater Forest
#598 / 1,121
Bottom 47% · Avg 684.1k
Citywide · Winnipeg
#13,533 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
2010
0255075100
Same streetBottom 33%Same areaBottom 33%CitywideTop 11%

Lot Size

around average
5,143 sqft
0255075100
Same streetBottom 21%Same areaBottom 46%CitywideBottom 49%

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 11/2024CA$600k–650k
Sold price

Same street

Top 50%

Same area

Top 31%

City-wide

Top 5%

Related homes

Highlights & common questions: 48 Bridlewood Road, Winnipeg

Property Overview: 48 Bridlewood Road, Bridgwater Forest, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 2010, sits on a generous 5,143 sqft lot in the established Bridgwater Forest neighbourhood. Its primary appeal lies in its above-average living space—at 2,231 sqft, it offers more room than over 70% of area homes—combined with a newer build date that places it in the top 13% for age across Winnipeg. The property features an attached garage and an unfinished basement, presenting a blank canvas for future expansion.

The home suits buyers seeking a move-in ready, spacious family home in a modern community, without the premium for a brand-new build. Its strong rankings for living area and recent sale value (top 5% in Winnipeg) suggest it is a sizeable and solidly valued property within the city. A thoughtful perspective is that the unrenovated basement, while not a current feature, offers significant potential for customization and added value, allowing new owners to tailor the space to their exact needs without first undoing someone else’s renovations.

Section 2: Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks highly for living space (better than 58% of street homes) but is on the older side for the street (better than only 33%). This suggests a trade-off: you get more interior room than many neighbours, but the structure itself is not among the newest on the block.

2. What does the assessed value versus sale price indicate?
The home recently sold for $64.60k, which is higher than its $61.50k assessed value. This recent sale provides a clear, current market benchmark, suggesting buyer demand supported a price above the city’s assessment.

3. Is the lot size a significant feature?
At over 5,000 sqft, the lot is larger than average for the street (top 21%), offering good outdoor space. However, it’s not exceptionally large for the wider neighbourhood, ranking near the middle.

4. Who might this neighbourhood suit?
Bridgwater Forest is a modern, master-planned community. This home, being 16 years old, offers a settled-in feel within that newer framework, ideal for those who want established landscaping and community amenities without an ultra-urban setting.

5. What’s the potential here compared to a full renovation project?
This isn’t a fixer-upper. The value is in the existing structure and space. The key opportunity is the unfinished basement, allowing for a future expansion that could significantly increase the home’s total functional area without the major structural work often required in older homes.

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