55 Deer Ridge Bay

Bridgwater Forest, Winnipeg

Property score

85.6

Excellent

Overall 85.6 · Smaller but newer than most nearby homes

1,614 sqft (bottom 17%) · Built in 2016 (5 yrs newer than avg)

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

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 dining spots, 2 healthcare facilitys, 3 shops, and 2 bank/ATMs nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Above average

5 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

85.6 is composed by the two sections below.

Property Score

86.4Excellent
Living Area1,614 sqft83Excellent
Year Built201697Excellent
Lot Size6,720 sqft85Excellent
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
1,614 sqft
0255075100
Same streetBottom 24%Same areaBottom 17%CitywideTop 25%
Same street · Deer Ridge Bay
#22 / 29
Bottom 24% · Avg 2,053 sqft
Same area · Bridgwater Forest
#929 / 1,121
Bottom 17% · Avg 2,053 sqft
Citywide · Winnipeg
#48,063 / 194,458
Top 25% · Avg 1,342 sqft

Tax-Assessed Value

above average
579k
0255075100
Same streetBottom 24%Same areaBottom 32%CitywideTop 10%
Same street · Deer Ridge Bay
#22 / 29
Bottom 24% · Avg 616.8k
Same area · Bridgwater Forest
#765 / 1,121
Bottom 32% · Avg 684.1k
Citywide · Winnipeg
#18,675 / 194,458
Top 10% · Avg 390.1k

Year Built

Elite
2016
0255075100
Same streetTop 17%Same areaTop 4%CitywideTop 6%

Lot Size

above average
6,720 sqft
0255075100
Same streetTop 28%Same areaTop 21%CitywideTop 19%

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

55 Deer Ridge Bay — 13 amenities found within 500 m, across 6 categories, including 3 dining (nearest 192 m), 2 healthcare (nearest 270 m), 3 shopping (nearest 262 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 7/2021CA$600k–650k
Sold price

Same street

Top 47%

Same area

Top 42%

City-wide

Top 7%

Related homes

Highlights & common questions: 55 Deer Ridge Bay, Winnipeg

Property Overview & Key Characteristics

This 10-year-old two-storey home in Bridgwater Forest sits on a generous 6,720 sqft lot, which is notably larger than most in its immediate area. Its primary appeal lies in a combination of modern build age, a renovated basement, and strong value retention within a desirable master-planned community. The data suggests a property that outperforms the majority of Winnipeg in terms of assessed value growth and relative newness, indicating a well-maintained home in a stable, sought-after location.

It would particularly suit practical buyers looking for a move-in ready family home in a newer suburb, who prioritize lot size and community amenities over a massive interior footprint. The renovated basement adds flexible living space, making it a fit for growing families or those who work from home. A less obvious perspective is that this home represents a balanced, low-drama option—it’s not the largest on the street, but its strong rankings in lot size, age, and city-wide value metrics suggest a prudent, long-term investment in a neighbourhood that consistently holds its appeal.

Frequently Asked Questions

1. How does the living space compare to the neighbourhood?
At 1,614 sqft, the living area is comfortable but more modest relative to the lot size. It ranks in the top 60% for the neighbourhood, meaning it’s larger than many homes nearby but not among the very largest. The value here is in the balanced use of space, including the renovated basement.

2. What do the "rank" percentages actually mean?
They show how this property compares to others in a specific category. For example, "Better than 81% in Winnipeg" for assessed value means its official valuation is higher than 81% of all Winnipeg properties, placing it in the top 19%. This indicates strong market positioning.

3. The last sale was in 2021 for $610k. Is that relevant today?
It provides a historical benchmark and shows the price point the home previously commanded in a strong market. While not a direct indicator of current value, it demonstrates the level of investment buyers have made in this specific property and street.

4. The lot is large, but is the backyard private?
The property's deep lot (over 6,700 sqft) suggests good potential for privacy and outdoor space. For specific details on fencing, landscaping, and adjacency to greenspace or pathways, a viewing or site plan review is recommended.

5. Who is the typical buyer in Bridgwater Forest?
The community is popular with young families, professionals, and downsizers attracted to its pathways, parks, ponds, and newer amenities. This home, with its renovated basement and two-storey layout, is particularly well-suited for family living.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.