Property score
87.7
Excellent
Overall 87.7 · Compared with neighbourhood average
2,224 sqft (top 39%) · Built in 2011
Located in a high-income area with median household income of ~109k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby
Living Area
Near average
8% larger than neighborhood avg.
Taon ng Paggawa
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)
604
666k
$295/sqft
2011
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87.7 is composed by the two sections below.
Property Score
Community Score
Bridgwater Forest
How to read: Share of sales in each ~$50k price band for “bridgwater forest” (Detached na bahay (hindi condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111255
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
505 Bridgeland Drive N — 1 amenities found within 500 m, across 1 categories.
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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Top 19% | Top 28% | Top 4% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 505 Bridgeland Drive N, Bridgwater Forest
Key Characteristics & Appeal
This is a spacious, well-maintained two-storey home in the popular Bridgwater Forest neighbourhood. Built in 2011, it sits on a generous 4,592 sqft lot and features a renovated basement and an attached garage. The home’s standout feature is its significant living space: at 2,224 sqft, it ranks within the top 5% of homes in Winnipeg for size, offering ample room for family life, entertaining, or dedicated work-from-home areas.
Its appeal lies in a combination of space, location, and established value. The property is situated in a modern, planned community known for its pathways and amenities. Market data shows it has consistently ranked highly for its assessed value and previous sale price within its immediate area and across the city, suggesting a history of solid value retention. The renovated basement adds immediate functional living space without the need for a major project.
This home would best suit a growing family or professional couple seeking a move-in ready property with abundant interior space in a contemporary neighbourhood. It’s also a strong candidate for a value-conscious buyer who appreciates quantifiable metrics—the home performs very well in statistical rankings for size and value, indicating a property that stands out in its peer group.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
At 4,592 sqft, the lot is larger than 57% of properties on the same street, offering above-average outdoor space for the immediate area.
2. The home was built in 2011. What should I consider about its age?
Being 15 years old, major components like the roof, HVAC, and appliances may be approaching or have recently reached a typical service life. A thorough inspection is advised, but the home is newer than 88% of properties in Winnipeg, meaning it likely has more modern construction standards and efficiency than much of the city's housing stock.
3. The assessed value seems low compared to the last sale price. Why?
The municipal assessed value ($61.30k) is for taxation purposes and is typically much lower than market value. The last recorded sale was $670k in May 2022, which is a more relevant indicator of its market price.
4. What do the ranking percentages (e.g., "Top 5%") actually mean?
These rankings compare this specific property against all others in the stated geographic area (street, neighbourhood, or city) for that particular metric (like living area or sale price). For example, ranking in the "Top 5% in Winnipeg" for living area means only 5% of Winnipeg homes have more square footage, highlighting its relative spaciousness.
5. The basement is noted as renovated. Are permits available?
This is a critical question for any renovation. Prospective buyers should ask the seller for documentation confirming that the basement renovation was completed with the necessary permits and inspections to ensure the work is compliant and insured.
