Property score
86.6
Excellent
Overall 86.6 · Larger but older than most nearby homes
2,437 sqft (top 15%) · Built in 2008 (3 yrs older than avg)
Located in a high-income area with median household income of ~109k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
19% larger than neighborhood avg.
Year Built
Below average
3 yrs older 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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86.6 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 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.
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.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
7 Millbank Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 94 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Bottom 40% | Top 12% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Millbank Avenue, Bridgwater Forest
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Bridgwater Forest is a well-established property in a modern Winnipeg community. Built in 2008, it sits on a generous 4,415 sqft lot and offers a spacious 2,437 sqft of living area, placing it in the top tier for size both locally and city-wide. A key feature is the renovated basement, adding valuable finished space, along with an attached garage. The home’s assessed value is notably strong, ranking higher than 96% of Winnipeg properties, suggesting solid municipal valuation.
Its appeal lies in offering substantial space and a move-in-ready condition within a sought-after, master-planned neighbourhood. The data indicates a house that outperforms most peers in square footage and official value, yet is older than the majority of homes in its immediate area. This presents a nuanced perspective: buyers gain a larger, more established property on a prime lot in Bridgwater Forest, but not a brand-new build. It would perfectly suit a growing family or professional looking for established community amenities, generous indoor and outdoor space, and a home that has already seen significant upgrades, like the basement renovation. It’s for those who prioritize space and location over having the absolute newest construction on the block.
Frequently Asked Questions
1. How does the age of this home compare to others in Bridgwater Forest?
Built in 2008, this home is older than approximately 98% of properties in the Bridgwater Forest neighbourhood, which is comprised largely of newer construction. This often means more mature landscaping and an established streetscape.
2. The assessed value seems high. What does this indicate?
With an assessed value ranking higher than 96% of Winnipeg homes, this suggests a strong official valuation from the city, typically reflecting the property’s size, desirable location, and improvements like the renovated basement. It’s a useful benchmark for municipal taxes and general value.
3. Is the lot size typical for the area?
At 4,415 sqft, the land area is larger than 80% of lots on Millbank Avenue itself. In the broader context of Winnipeg, it is a very generous lot, offering ample outdoor space.
4. What does the "Sold 6/2019" price history tell us?
The home sold for $54.30k in 2019. This historical data point is useful for understanding past market activity but is not reflective of current value, especially given the significant rise in assessed value and market changes since that time.
5. How does the living space compare to an average Winnipeg home?
With 2,437 sqft, this home offers more living area than 97% of properties in Winnipeg, making it exceptionally spacious by city standards. This is one of its most defining characteristics.
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