111 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

89.2

Excellent

Overall 89.2 · Newer than most nearby homes

2,221 sqft (top 35%) · Built in 2022 (7 yrs newer than avg)

Located in a high-income area with median household income of ~103k

Transit 70.0 · 8-min walk to transit with 3 nearby routes · Within 500m: 1 shop, 1 bank/ATM, 1 fuel station, and 2 place of worships nearby

Living Area

Near average

10% larger than neighborhood avg.

Year Built

Above average

7 yrs newer than neighborhood avg.

Mother tongue

English · 40%Chinese · 21%

Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

89.2 is composed by the two sections below.

Property Score

93.7Excellent
Living Area96
2,221 sqftExcellent
Year Built100
2022Excellent
Lot Size81
6,303 sqftExcellent
Neighbourhood Sales Activity79
Good

Community Score

82.5Excellent
Household Income86
Excellent
Education Level91
Excellent
Housing Stress42
Low
Core Housing Need88
Excellent
Employment Health83
Excellent

Neighbourhood Sales

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.

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: #46111257

Community deep dive

$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

Population, labour & age

Population (2021)11,365
Labour force participation rate77%
Median age30.4
Avg household size3.1
Unemployment rate8%
Population density1696 / km²

Households & income

Low income (LIM-AT, % pop.)14%
Single-person households13%
Couple families with children44%
Median household income (2020)$103K

Housing

Renter households21%
Condominium dwellings14%
Median dwelling value (owners)$500K

Diversity, education & language

Immigrants (share of pop.)47%
Visible minority69%
Bachelor's or higher (25–64)58%
Mother tongue (1st)English · 39%
Mother tongue (2nd)Chinese · 20%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
2,221 sqft
0255075100
Same streetTop 44%Same areaTop 35%CitywideTop 6%
Same street · Creekside Road
#57 / 130
Top 44% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#418 / 1,191
Top 35% · Avg 2,018 sqft
Citywide · Winnipeg
#12,067 / 194,458
Top 6% · Avg 1,342 sqft

Tax-Assessed Value

Elite
676k
0255075100
Same streetTop 37%Same areaTop 34%CitywideTop 5%
Same street · Creekside Road
#48 / 130
Top 37% · Avg 722.6k
Same area · Bridgwater Lakes
#399 / 1,191
Top 34% · Avg 688.3k
Citywide · Winnipeg
#8,754 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2022
0255075100
Same streetTop 1%Same areaTop 1%CitywideTop 1%

Lot Size

above average
6,303 sqft
0255075100
Same streetTop 28%Same areaTop 32%CitywideTop 25%

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

111 Creekside Road — 5 amenities found within 500 m, across 4 categories, including 1 shopping (nearest 489 m).

Search radius
🛒Shopping1
🏦Finance1
Fuel Stations1
Worship2

Crime & Safety

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%

Sales History

Sold 3/2022CA$600k–650k
Sold price

Same street

Bottom 40%

Same area

Top 39%

City-wide

Top 7%

Related homes

Highlights & common questions: 111 Creekside Road, Winnipeg

Property Overview

111 Creekside Road is a modern two-storey home in the Bridgwater Lakes neighbourhood, built in 2022. Its primary appeal lies in its balance of new construction benefits and established community living. The home sits on a generous 6,303 sqft lot, which is larger than most in the area, offering ample outdoor space that is increasingly rare in newer subdivisions. With 2,221 sqft of living space and an attached garage, it provides a practical layout for contemporary living. A key characteristic is the existing, unfinished basement, which presents a clear opportunity for future expansion and customization to suit a buyer's specific needs, rather than paying a premium for someone else's renovations.

This property is ideally suited for young families or professionals seeking a move-in ready home without the concerns of aging infrastructure, as everything from the roof to the major systems is essentially new. It also appeals to value-conscious buyers who see potential in personalizing the basement over time, effectively allowing them to add equity through a future project. The strong rankings in assessed value growth since its 2022 sale suggest it's situated in a desirable pocket of the community, making it a solid choice for those looking for a home with a stable foundation in a well-regarded area.


Frequently Asked Questions

1. Is the basement developed?
No, the basement is unfinished. This is a key feature for buyers looking for the opportunity to customize additional living space—such as a rec room, home office, or extra bedroom—to their own specifications and budget in the future.

2. How does the lot size compare to others?
The lot is 6,303 sqft, which is larger than approximately 72% of lots on the same street. This means you're getting more outdoor space than is typical for this newer neighbourhood, a significant advantage for gardening, play, or entertaining.

3. What does the "assessed value" ranking mean?
The assessed value of $67,600k is higher than 96% of properties in Winnipeg, placing it in the top 4%. This indicates the municipal assessment views this property as being in a desirable location with valuable characteristics, which is a positive indicator for long-term value.

4. The home was recently sold in 2022. Why is it back on the market?
While the specific reason isn't provided, a resale of a nearly new home is common and can be due to many neutral factors like a job relocation, change in family circumstances, or an upgrade. The short ownership period means the home has had very little wear and tear.

5. Are there any immediate major expenses to anticipate?
Given the home was built in 2022, all major components (roof, HVAC, appliances, etc.) are under warranty or have most of their lifespan remaining. This translates to predictable costs for the next several years, a major advantage over older homes.