Property score
87.6
Excellent
Overall 87.6 · Newer than most nearby homes
2,282 sqft (top 31%) · Built in 2019 (4 yrs newer than avg)
Located in a high-income area with median household income of ~103k
Transit 46.0 · 12-min walk to transit with 2 nearby routes
Living Area
Near average
13% larger 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)
738
647.5k
$319/sqft
2015
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87.6 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
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 | Bottom 1% | Bottom 13% | Top 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 203 Creekside Road, Bridgwater Lakes
Key Characteristics & Appeal
This two-storey home in the Bridgwater Lakes neighbourhood is a relatively modern property, built in 2019. Its key characteristics include a generous 2,282 sqft of living space, an attached garage, and a full basement that presents an opportunity for future finishing. The lot is a substantial 5,189 sqft, offering ample outdoor space for a newer community.
The primary appeal lies in its balance of space, age, and location. It is a newer home that avoids the immediate need for major updates, set on a larger-than-average lot in a planned community. The data suggests it outperforms most Winnipeg homes in terms of size and newness, ranking in the top 5% for living area and top 4% for year built city-wide. However, its assessed value ranks notably higher than its recent sale history within its immediate street and neighbourhood, indicating a complex value proposition.
This property would suit buyers looking for a move-in ready, modern family home in a suburban setting, who value spacious lots and are possibly interested in the potential to customize the basement. It may also appeal to those who see long-term value in a newer build within a growing area, even if the current assessed value seems ambitious compared to very recent local sales.
Frequently Asked Questions
1. Why is the current assessed value so much higher than the last sold price in 2019?
Assessed values for tax purposes are based on mass appraisal models and market trends, not individual recent sales. The significant increase reflects overall market appreciation since 2019. Buyers should consider this a municipal valuation for tax calculation, not a direct indicator of current market price.
2. What does the "Top 101%" sale rank on its street mean?
This unusual figure indicates the home's 2019 sale price was lower than every other recorded sale on Creekside Road used in the comparison. It highlights that its purchase price was an outlier at that time, which is important context when considering current value.
3. Is the basement finished?
No, the listing specifies the basement exists but is "not renovated." This represents both a cost-saving on the purchase price and a future opportunity for the buyer to add value and customize the space.
4. How does this home compare to the nearby reference property at 180 Creekside Road?
The reference home is slightly older (2018) and smaller (1,942 sqft), yet has a marginally higher assessed value. This contrast suggests lot placement, specific upgrades, or condition may significantly influence value, and a physical comparison is essential.
5. The rankings show this home is newer and larger than most in Winnipeg, but average within its own neighbourhood. What does this mean?
It indicates you are looking in a desirable, modern suburb where high standards are the norm. You are getting a home that is competitive within its own sought-after area, not just above the city average. This can be a sign of a stable and in-demand community.
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