78.4
Good
Property score
78.4
Good
Overall 78.4
Smaller and older than most nearby homes
1,485 sqft (bottom 9%)
Built in 2012 (3 yrs older than avg)
Located in a high-income area
with median household income of ~103k
Transit 64.0
6-min walk to transit with 2 nearby routes
Within 500m: 2 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
26% smaller 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)
738
647.5k
$319/sqft
2015
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78.4 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
219 Brookfield Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 331 m).
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 6% | Bottom 3% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This two-storey home on a generous lot in Bridgwater Lakes offers a blend of established comfort and modern updates. Its key appeal lies in its renovated basement, which adds valuable finished living space to the 1,485 sqft main footprint. Built in 2012, the home is newer than the vast majority of Winnipeg properties, suggesting good modern construction standards. The detached garage and a land area larger than most on its street provide practical suburban living.
The home would suit first-time buyers or young families looking for a move-in-ready property in a planned community, where the major systems are still relatively young. It also appeals to value-conscious buyers who prioritize a larger lot and finished space over having the absolute newest build on the block. A thoughtful perspective: while the interior living area is modest for the neighbourhood, the renovated basement and above-average lot size offer a balance, providing room to grow without the premium price of a larger above-ground footprint.
Key Details & FAQs
Key Characteristics & Appeal
Frequently Asked Questions
1. How does the value of this home compare to the area?
The current assessed value is higher than 85% of Winnipeg but ranks in the middle tier for its specific street and neighbourhood. This suggests it is a solid, average-valued property within the desirable Bridgwater Lakes area.
2. The home sold in 2019 for $38.4k. What does that mean?
The 2019 sale price is not a market sale; it is likely a title transfer for a nominal amount (e.g., between family members or as part of a refinancing). The current assessed value of $51.8k is the relevant figure for municipal valuation.
3. Is the living space smaller than other homes nearby?
Yes. The 1,485 sqft living area is below the neighbourhood average. However, this is offset by the renovated basement, which adds significant functional space not reflected in the official above-grade square footage.
4. What are the less obvious points to consider?
While newer than most city homes, it is now 14 years old. Prospective buyers should focus inspection on components with a ~15-year lifespan, such as the roof, HVAC, and major appliances. The "rank by year" data shows it is one of the older homes on its street, which may affect future resale among newer builds.
5. Who might this property not suit?
Buyers seeking a brand-new home or the largest above-ground square footage in the neighbourhood may find it less suitable. It’s best for those who value the combination of a modern-enough build, a larger lot, and smartly utilized space—including the finished basement.
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