Property score
80.2
Excellent
Overall 80.2 · Smaller than most nearby homes
1,452 sqft (bottom 9%) · 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
Living Area
Below average
29% smaller than neighborhood avg.
Year Built
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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Property score
80.2 is composed by the two sections below.
Property Score
Community Score
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.
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.
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
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
above averageYear Built
above averageLot Size
around averageRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 37% | Bottom 40% | Top 11% |
512 Bridgeland Drive N · Sold transaction data notes
Data Source
Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 512 Bridgeland Drive N, Winnipeg
Property Overview
This 2011-built, one-storey home in Bridgwater Forest offers a practical layout with an attached garage and a full, unfinished basement on a 4,630 sqft lot. Its primary appeal lies in its established yet relatively modern construction within a popular planned community, offering a balance of newer infrastructure and settled greenery. The home suits first-time buyers or downsizers seeking a manageable, single-level living space with clear potential for future basement development. A thoughtful perspective is its strong ranking in assessed value compared to most of Winnipeg (top 17%), suggesting it holds its value well in the broader market, despite more average rankings within its immediate neighbourhood. The lot size is also a quiet advantage, being larger than 59% of others on the same street, providing above-average outdoor space for the area.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
The basement is a full, undeveloped space. This is a key opportunity for customization, allowing a new owner to design and finish it to their specific needs, whether for extra bedrooms, a recreation room, or storage, without needing to undo previous work.
2. How does the property compare to others in Bridgwater Forest?
The data presents a mixed picture. While the home ranks in the top third for lot size and assessed value on its specific street, its rankings for living area and year built fall within the middle or lower ranges for the wider Bridgwater Forest neighbourhood. This indicates a property that is strong on its particular block but may be considered more standard within the broader community context.
3. The home sold in May 2023. What does that recent sale indicate?
The May 2023 sale price was higher than 88% of recorded sales in Winnipeg at that time, demonstrating strong market appeal. This recent transaction provides a clear, modern benchmark for the property's market value, which can be helpful for understanding current price positioning.
4. Is the property a good value relative to its assessment?
The home's assessed value ranks higher than its sold price did in 2023 (top 17% vs. top 12% for Winnipeg, respectively). This doesn't directly predict sale price, but it indicates the city's assessment aligns with the property holding a relatively high value position city-wide.
5. Who might this property not suit?
Buyers looking for a move-in-ready home with a fully developed lower level or those seeking a brand-new build may find the unfinished basement and 15-year-old construction date less appealing. It is best suited for owners comfortable with a project or who don't require the basement living space immediately.