15 Bridge Lake Drive

Bridgwater Lakes, Winnipeg

Property score

83.3

Excellent

Overall 83.3 · Smaller than most nearby homes

1,594 sqft (bottom 16%) · Built in 2014 (1 yr older than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 2 shops, and 1 park nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Near average

1 yrs older 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

83.3 is composed by the two sections below.

Property Score

83.8Excellent
Living Area1,594 sqft79Good
Year Built201494Excellent
Lot Size7,663 sqft91Excellent
Neighbourhood Sales Activity79Good

Community Score

82.5Excellent
Household Income86Excellent
Education Level91Excellent
Housing Stress42Low
Core Housing Need88Excellent
Employment Health83Excellent

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
1,594 sqft
0255075100
Same streetBottom 31%Same areaBottom 16%CitywideTop 26%
Same street · Bridge Lake Drive
#109 / 158
Bottom 31% · Avg 1,844 sqft
Same area · Bridgwater Lakes
#1,000 / 1,191
Bottom 16% · Avg 2,018 sqft
Citywide · Winnipeg
#49,923 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

Elite
956k
0255075100
Same streetTop 14%Same areaTop 10%CitywideTop 1%
Same street · Bridge Lake Drive
#22 / 158
Top 14% · Avg 627.7k
Same area · Bridgwater Lakes
#121 / 1,191
Top 10% · Avg 688.3k
Citywide · Winnipeg
#2,356 / 194,458
Top 1% · Avg 390.1k

Year Built

above average
2014
0255075100
Same streetBottom 19%Same areaTop 45%CitywideTop 8%

Lot Size

above average
7,663 sqft
0255075100
Same streetTop 7%Same areaTop 17%CitywideTop 13%

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

15 Bridge Lake Drive — 7 amenities found within 500 m, across 6 categories, including 1 dining (nearest 493 m), 1 healthcare (nearest 496 m), 2 shopping (nearest 362 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping2
🌳Parks1
🏦Finance1
Fuel Stations1

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 8/2017CA$750k–800k
Sold price

Same street

Top 15%

Same area

Top 9%

City-wide

Top 2%

Related homes

Highlights & common questions: 15 Bridge Lake Drive, Winnipeg

Property Overview: 15 Bridge Lake Drive

Key Characteristics & Appeal

This well-situated one-storey home in Bridgwater Lakes offers a blend of modern comfort and established community living. Built in 2014, its key features include a renovated basement and an attached garage on a notably large 7,663 sqft lot, which ranks in the top 7% for size on its street. The home’s standout characteristic is its financial profile: with a current assessed value of $95.60k, it ranks in the top 1% for assessed value across all of Winnipeg, suggesting a very strong municipal valuation relative to the market.

The appeal lies in its position within a desirable, newer neighbourhood, combined with the space and finished utility of the property itself. It suits practical buyers looking for a move-in ready, single-level layout with room to grow, both indoors and out. It would particularly resonate with value-conscious purchasers who appreciate concrete metrics—the lot size and assessment rankings indicate a property that outperforms most of its local and city-wide peers in those specific areas. A thoughtful perspective is that while the living area is modest for the neighbourhood, this is balanced by the premium lot and high assessment, potentially appealing to those who prioritize outdoor space and long-term value over sheer interior square footage.

Frequently Asked Questions

1. What does the "Top 1% in Winnipeg" for assessed value actually mean?
It means this property’s municipal assessed value is higher than 99% of all residential properties in Winnipeg. This is a strong indicator of its formal valuation by the city, though it is distinct from its current market price.

2. The living area is noted as being in the "Top 84%" for the neighbourhood. Is the house small?
At 1,594 sqft, the living area is above average for Winnipeg but below the average for Bridgwater Lakes, a neighbourhood with many newer, larger homes. This suggests the property offers quality and lot size over maximum interior space.

3. How does the 2017 sale price compare to today's assessed value?
The home sold for $78.50k in August 2017. Its current assessed value of $95.60k represents a significant increase, reflecting market changes and any improvements made, like the basement renovation.

4. The lot is large, but what about the house's age ranking?
While the lot size ranks very high, the year built (2014) ranks lower (top 81% on its street, meaning 81% of houses are newer). This is typical for a settled part of a developing area and indicates the home is not the newest but is well-established within a growing community.

5. Are comparable properties listed based on price or assessed value?
The "Similar assessed value" list shows properties with an identical municipal assessment ($95.60k), not necessarily listing or sale prices. This is useful for tax comparison but not a direct guide to market value.

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