Property score
88.9
Excellent
Overall 88.9 · Older than most nearby homes
2,045 sqft (top 45%) · Built in 2012 (3 yrs older than avg)
Located in a high-income area with median household income of ~103k
Transit 72.0 · 8-min walk to transit with 5 nearby routes · Within 500m: 1 park nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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88.9 is composed by the two sections below.
Property Score
Community Score
Bridgwater Lakes
How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (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: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
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
111 Bluemeadow Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 282 m).
Bridgwater Lakes · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Other
50%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 19% | Bottom 30% | Top 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
111 Bluemeadow Road is a well-established two-storey home in the popular Bridgwater Lakes neighbourhood. Built in 2012, it sits on a generous 8,705 sqft lot, which is notably larger than most in the immediate area. The home features a renovated basement and an attached garage, with 2,045 sqft of living space. Its appeal lies in its mature lot size within a modern community, offering more outdoor space than newer subdivisions typically provide. The property suits buyers looking for a settled home in a sought-after area without a brand-new build premium, and who value a large yard for family activities or gardening. Its strong rankings for lot size and value within Winnipeg suggest a solid, above-average footprint for the city.
Key Details & FAQs
Key Characteristics & Appeal
This home’s primary strength is its substantial lot, ranking in the top 15% on its street and top 13% in Bridgwater Lakes for land area. This is a significant advantage in a neighbourhood where newer lots are often smaller. The renovated basement adds immediate functional living space. While the home itself is not among the newest on the block (built 2012), its assessed value ranks in the top 6% citywide, indicating a strong underlying value proposition for Winnipeg. It would suit a practical buyer who wants the amenities and appeal of Bridgwater Lakes but prefers a more established property with a larger, private yard. It’s a home for those who see value in land and location over having the absolute newest construction.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
The 8,705 sqft lot is a standout feature, larger than approximately 85% of lots on Bluemeadow Road and 87% in Bridgwater Lakes. Newer developments in similar communities often have significantly smaller lots.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or inquiry with the listing agent is necessary to determine if it includes a legal suite, additional bedrooms, or a recreational space.
3. The home was last sold in 2019 for $500k. How does that inform the current price?
The 2019 sale price provides historical context, but current market conditions, updates made since then, and the specific assessed value ($61.90k for taxation purposes) are more relevant for today’s valuation. The sale price from over four years ago is a reference point, not a direct indicator of current worth.
4. Are the rankings for "Year Built" a concern?
The rankings show the home is older than many in the immediate vicinity (top 82% on its street, meaning 82% are newer). This isn’t unusual for a 12-year-old home in an actively developing area. It reflects the neighbourhood’s growth phases rather than the home’s condition, which may be offset by the renovated basement and mature landscaping.
5. How does the assessed value relate to the likely selling price?
The assessed value ($61.90k) is for municipal tax purposes only and is typically much lower than market value. Its high citywide ranking (top 6%) signals the property is considered a high-value asset for taxation, but the selling price will be determined by current market demand, comparable sales, and the home’s specific features.
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