195 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

83.3

Excellent

Overall 83.3 · Newer than most nearby homes

1,761 sqft (bottom 32%) · Built in 2019 (4 yrs newer than avg)

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

Transit 54.0 · 12-min walk to transit with 2 nearby routes

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Above average

4 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

83.3 is composed by the two sections below.

Property Score

83.9Excellent
Living Area1,761 sqft86Excellent
Year Built201997Excellent
Lot Size4,954 sqft60Fair
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
1,761 sqft
0255075100
Same streetBottom 15%Same areaBottom 32%CitywideTop 19%
Same street · Creekside Road
#110 / 130
Bottom 15% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#812 / 1,191
Bottom 32% · Avg 2,018 sqft
Citywide · Winnipeg
#36,151 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
564k
0255075100
Same streetBottom 14%Same areaBottom 29%CitywideTop 11%
Same street · Creekside Road
#112 / 130
Bottom 14% · Avg 722.6k
Same area · Bridgwater Lakes
#850 / 1,191
Bottom 29% · Avg 688.3k
Citywide · Winnipeg
#21,499 / 194,458
Top 11% · Avg 390.1k

Year Built

Elite
2019
0255075100
Same streetTop 12%Same areaTop 5%CitywideTop 4%

Lot Size

around average
4,954 sqft
0255075100
Same streetBottom 7%Same areaBottom 25%CitywideBottom 42%

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

Search radius
No data within 500 m.

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 6/2022CA$650k–700k
Sold price

Same street

Top 32%

Same area

Top 23%

City-wide

Top 4%

Related homes

Highlights & common questions: 195 Creekside Road, Winnipeg

Property Overview: 195 Creekside Road, Bridgwater Lakes

Key Characteristics & Appeal

This is a modern, two-storey home built in 2019, offering a move-in-ready foundation in the popular Bridgwater Lakes community. Its key appeal lies in its balance of newer construction and established neighbourhood living. The home features a functional 1,761 sqft layout with an attached garage and a full, unrenovated basement that presents a clean canvas for future expansion or storage. The lot is a generous size for the area at nearly 5,000 sqft.

The property’s standout characteristic is its relative newness within its context. It is newer than approximately 95% of homes in Bridgwater Lakes and 96% across Winnipeg, suggesting less immediate concern for major system replacements. However, the data presents an interesting perspective: while the home is very new compared to the wider city, its 2022 sale price ranks higher than its current assessed value ranking within its immediate street and neighbourhood. This may indicate a premium for its modern build in a sought-after area, or simply reflect typical market fluctuations.

This home would suit first-time buyers or young families seeking a modern, low-maintenance property without the wait and uncertainties of new construction. It’s also a practical choice for buyers who value a large lot and see potential in a basement they can customize to their own taste over time, rather than paying for a finished layout they might want to change.


Frequently Asked Questions

1. How does the assessed value compare to the likely market price?
The home’s assessed value is $56,400, but it last sold for $670,000 in June 2022. Assessments are for tax purposes and often lag behind market values, especially for newer homes in high-demand neighbourhoods. The previous sale price is a more relevant benchmark for current market value.

2. Is the basement finished?
No, the basement is described as “not renovated.” It is a full, unfinished space, offering potential for future living space, a recreation room, or ample storage, but it would require investment to finish.

3. What do the ranking percentages mean?
The rankings compare this property against others on the same street, in Bridgwater Lakes, and in all of Winnipeg. For example, “Better than 95% in neighbourhood” for year built means this home is newer than 95% of properties in Bridgwater Lakes. A “Top 5%” rank is very high, while a “Top 85%” rank means it falls in the bottom 15% for that specific metric among the comparison group.

4. How does the living space compare to nearby homes?
At 1,761 sqft, the living area is somewhat modest relative to some immediate neighbours. For reference, a similar nearby home at 180 Creekside Road is slightly larger at 1,942 sqft. This suggests the floor plan may be efficient, and the value is bolstered by the newer build and larger lot.

5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a master-planned community in Waverley West, known for its parks, pathways, and water features. It’s a family-oriented area with newer amenities, offering a suburban feel with modern infrastructure. The high ranking of this home’s age within the neighbourhood confirms it’s one of the newer subdivisions in Winnipeg.

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