2 Tedham Court

Bridgwater Lakes, Winnipeg

Property score

86.5

Excellent

Overall 86.5 · Older than most nearby homes

2,063 sqft (top 43%) · Built in 2012 (3 yrs older than avg)

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

Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 healthcare facilitys, 2 shops, and 1 park nearby

Living Area

Near average

2% larger than neighborhood avg.

Year Built

Below average

3 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

86.5 is composed by the two sections below.

Property Score

89.2Excellent
Living Area2,063 sqft94Excellent
Year Built201294Excellent
Lot Size5,358 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

above average
2,063 sqft
0255075100
Same streetBottom 37%Same areaTop 43%CitywideTop 9%
Same street · Tedham Court
#5 / 8
Bottom 37% · Avg 2,124 sqft
Same area · Bridgwater Lakes
#518 / 1,191
Top 43% · Avg 2,018 sqft
Citywide · Winnipeg
#18,243 / 194,458
Top 9% · Avg 1,342 sqft

Tax-Assessed Value

above average
633k
0255075100
Same streetTop 38%Same areaTop 48%CitywideTop 6%
Same street · Tedham Court
#3 / 8
Top 38% · Avg 623.9k
Same area · Bridgwater Lakes
#574 / 1,191
Top 48% · Avg 688.3k
Citywide · Winnipeg
#11,695 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2012
0255075100
Same streetTop 50%Same areaBottom 12%CitywideTop 10%

Lot Size

around average
5,358 sqft
0255075100
Same streetTop 38%Same areaBottom 32%CitywideTop 47%

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

2 Tedham Court — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 360 m), 2 healthcare (nearest 424 m), 2 shopping (nearest 247 m).

Search radius
🍽️Dining1
🏥Healthcare2
🛒Shopping2
🌳Parks1
🏦Finance2
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 2/2021CA$500k–550k
Sold price

Same street

Bottom 40%

Same area

Bottom 35%

City-wide

Top 14%
Sold 8/2017CA$500k–550k
Sold price

Same street

Bottom 20%

Same area

Bottom 33%

City-wide

Top 15%

Related homes

Highlights & common questions: 2 Tedham Court, Winnipeg

Property Overview

This two-storey home at 2 Tedham Court in Winnipeg's Bridgwater Lakes neighbourhood offers a blend of modern living and established community appeal. Built in 2012, it sits on a generous 5,358 sqft lot and features 2,063 sqft of living space, an attached garage, and a renovated basement.

Key Features & Ideal Buyer

The primary appeal of this property lies in its balance of space, location, and value within a newer area of the city. Its living area is notably spacious, ranking within the top 8% of Winnipeg, making it a substantial home for the price point. The renovated basement adds immediate functional living space without the need for future investment. The lot size is well above average for the street, offering good outdoor potential.

Its strong rankings in assessed value (top 5% in Winnipeg) suggest it is a fiscally sound asset with a history of steady appreciation, as seen in its sold price increases from 2017 to 2021. The home would suit a growing family or professional couple seeking a move-in ready property in a modern, master-planned community like Bridgwater Lakes. It’s particularly suited for buyers who prioritize interior square footage and a finished basement over having a brand-new build, as it offers similar space at a potentially better value than a current-year construction.

A less obvious perspective is its positioning within its immediate circle: while it ranks highly city-wide, its metrics are more moderate within its own neighbourhood and street. This indicates a solid, middle-ground property on a desirable block—not the largest or newest on the court, but one that holds its own with strong city-wide comparisons, potentially offering a "sweet spot" of value without the premium of the absolute top performer on the street.

Frequently Asked Questions

1. How does this home compare to others on the street?
It holds a strong position in lot size and assessed value (ranking 3rd out of 8 on the street) but is middle-of-the-pack for living area and year built. This suggests it's a well-established, valuable property on the block, though not the largest or most recently built.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the renovation.

3. Has the property value increased?
Yes. Public sale data shows a clear trajectory, selling for $510k in 2017 and $520k in 2021. Its current assessed value is significantly lower than these past sale prices, which is typical, but the historical data indicates a stable market performance.

4. Is Bridgwater Lakes a family-friendly area?
As part of the wider Bridgwater master-planned community, the area is designed with families in mind, featuring parks, pathways, and nearby amenities. The specific Bridgwater Lakes sub-area is known for its ponds and green spaces.

5. Why is the assessed value so different from the last sale price?
Municipal assessed value for property tax purposes is not a direct indicator of market value. It is a mass appraisal based on historical data and formulas. The market value is determined by current buyer demand, condition, and recent comparable sales, which the 2021 sale price better reflects.

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