198 Creekside Road

Bridgwater Lakes, Winnipeg

Property score

87.6

Excellent

Overall 87.6 · Larger and newer than most nearby homes

2,358 sqft (top 23%) · Built in 2018 (3 yrs newer than avg)

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

Transit 52.0 · 12-min walk to transit with 3 nearby routes · Within 500m: 1 place of worship nearby

Living Area

Above average

17% larger than neighborhood avg.

Year Built

Above average

3 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

87.6 is composed by the two sections below.

Property Score

91.0Excellent
Living Area2,358 sqft96Excellent
Year Built201897Excellent
Lot Size5,433 sqft67Good
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

Elite
2,358 sqft
0255075100
Same streetTop 32%Same areaTop 23%CitywideTop 4%
Same street · Creekside Road
#41 / 130
Top 32% · Avg 2,164 sqft
Same area · Bridgwater Lakes
#276 / 1,191
Top 23% · Avg 2,018 sqft
Citywide · Winnipeg
#8,145 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
653k
0255075100
Same streetTop 48%Same areaTop 42%CitywideTop 5%
Same street · Creekside Road
#63 / 130
Top 48% · Avg 722.6k
Same area · Bridgwater Lakes
#498 / 1,191
Top 42% · Avg 688.3k
Citywide · Winnipeg
#10,185 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 32%Same areaTop 12%CitywideTop 4%

Lot Size

around average
5,433 sqft
0255075100
Same streetBottom 46%Same areaBottom 37%CitywideTop 45%

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

198 Creekside Road — 1 amenities found within 500 m, across 1 categories.

Search radius
Worship1

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 6/2024CA$750k–800k
Sold price

Same street

Top 18%

Same area

Top 12%

City-wide

Top 2%

Related homes

Highlights & common questions: 198 Creekside Road, Winnipeg

Property Overview

This two-storey home on Creekside Road in Bridgater Lakes is a modern, low-maintenance property built in 2018. Its primary appeal lies in its balance of space, contemporary build, and strong value metrics within a newer suburban community. The home sits on a generous 5,433 sqft lot and features 2,358 sqft of living space, an attached garage, and an unfinished basement.

Key Characteristics & Ideal Buyer

The home’s standout feature is its relative newness and above-average performance in key rankings. It is newer than 88% of homes in Bridgwater Lakes and larger than 77% of them, offering modern construction and efficient use of space without the immediate need for major updates. Its recent sale price ranks in the top 17% of the neighbourhood, suggesting it is perceived as a premium offering in the area. The appeal is for buyers seeking a move-in ready, modern home in a planned community who value space and contemporary amenities over character or renovation projects. It would suit young families, professionals looking for a tranquil suburban base, or downsizers wanting single-level living (main floor primary suite) without sacrificing square footage. A thoughtful perspective is that the unfinished basement, while not a feature now, represents tailored potential for future expansion without inheriting someone else’s design choices.

Frequently Asked Questions

1. What does the neighbourhood ranking actually mean?
The rankings compare this property against others on the same street, in Bridgwater Lakes, and across Winnipeg. For example, being "better than 77% in neighbourhood" for living area means this home is larger than most comparable local properties, providing a data-driven sense of its relative size and value.

2. Is the basement usable in its current state?
The listing specifies the basement is "not renovated," meaning it is unfinished. It provides valuable storage and mechanical space but would require investment to become livable square footage.

3. How does the recent sale price compare to the assessed value?
The home sold for $75.80k above its $65.30k assessed value. This is common and indicates the market valued the property significantly higher than its official assessment for tax purposes, often reflecting desirable features or market conditions.

4. What are the benefits of a home built in 2018?
A 2018 build offers modern building codes, energy efficiency, contemporary floor plans, and likely newer major systems (like HVAC and roofing), reducing the risk of near-term major repairs.

5. What is the community of Bridgwater Lakes like?
Bridgwater Lakes is a newer, master-planned suburban community in Winnipeg. It typically features family-friendly amenities, parks, and modern infrastructure, appealing to those seeking a quiet, residential setting with newer schools and retail developments.

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