81.7
Excellent
Property score
81.7
Excellent
Overall 81.7
Smaller than most nearby homes
1,504 sqft (bottom 12%)
Built in 2015
Located in a high-income area
with median household income of ~103k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
25% smaller than neighborhood avg.
Year Built
Near average
0 yrs newer 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
81.7 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
118 Appleford Gate — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 255 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 | Top 33% | 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: 118 Appleford Gate, Bridgwater Lakes
Key Characteristics & Appeal
This well-situated, single-storey home in the popular Bridgwater Lakes community offers a blend of modern convenience and established comfort. Built in 2015, it sits on a generous 5,884 sqft lot, providing ample outdoor space that ranks highly within its own street. The home features a renovated basement and an attached garage. Its core appeal lies in its strong positioning within the broader Winnipeg market: it ranks in the top 35% of the city for size and the top 8% for the newness of its build, suggesting a relatively modern home in a desirable area. The current assessed value is notably strong, ranking in the top 7% city-wide for its valuation bracket.
This property would suit buyers looking for a move-in ready, low-maintenance bungalow layout in a family-friendly neighbourhood. It’s particularly appealing to those who value a large yard and recent construction, but who may prioritize lot size over above-average interior square footage compared to immediate neighbours. The renovated basement adds valuable flexible living space. A thoughtful perspective is that this home represents a "sweet spot" – it’s not the newest or largest on the block, which can sometimes mean better value, yet its city-wide rankings indicate it holds substantial appeal against the broader market, potentially offering a balance of community amenities and prudent investment.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,504 sqft, the living area is somewhat typical for the street but is below the neighbourhood average. This suggests the property’s value is leveraged more in its lot size, modern age, and finished basement rather than in its main-floor square footage.
2. The assessed value seems high for the area. Why?
The assessed value of $595,000 ranks in the top 6% on its street and top 7% in Winnipeg. This likely reflects the renovated basement, the premium lot size, and the home's relatively recent build year (2015), which is newer than 92% of Winnipeg homes.
3. What does the sale history indicate?
The home last sold in January 2021 for $497,000. The increase in assessed value since then aligns with broader market trends and specific improvements, like the basement renovation.
4. Is the neighbourhood established?
Yes. Bridgwater Lakes is a developed community. With the home built 11 years ago, landscaping and streetscapes are mature, and community amenities are well-integrated, unlike in brand-new subdivisions.
5. Who might this home not suit?
Buyers seeking a very large interior living space on the main floor, or those wanting a brand-new build with builder warranties, might find other properties more suitable. It’s ideal for those who appreciate outdoor space and modern, but settled, communities.
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.
