73.0
Good
Property score
73.0
Good
Overall 73.0
Smaller than most nearby homes
1,115 sqft (bottom 1%)
Built in 2013 (2 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
45% smaller than neighborhood avg.
Year Built
Below average
2 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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73.0 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
227 Brookfield Crescent — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 324 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 40% | Bottom 24% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 227 Brookfield Crescent, Bridgwater Lakes
Key Characteristics & Appeal
This 2013-built, one-storey home in the popular Bridgwater Lakes neighbourhood presents a practical opportunity. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,115 sqft main floor. The lot is a generous 4,488 sqft, placing it in the top half of its street for size.
The appeal lies in its modern age—newer than 90% of Winnipeg homes—coupled with a move-in ready lower level. It suits first-time buyers or downsizers seeking a single-level layout in a well-regarded, newer community without the premium for a brand-new build. The recent sale price of $480k (January 2024) suggests a competitive entry point into the area, especially for those prioritizing lot size and recent updates over a larger main floor footprint. A thoughtful perspective: while the living area is modest relative to the neighbourhood, the renovated basement effectively expands usable space, making it a smart value play for those who don't require formal, above-ground rooms.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home recently sold for $480,000, which is higher than its $450,000 assessed value but places it in the top 26% of Winnipeg for assessed value. In Bridgwater Lakes specifically, its assessed value is at the lower end, suggesting it may be one of the more accessible price points in this desirable neighbourhood.
2. Is the living space sufficient for a small family?
With 1,115 sqft on the main floor plus a renovated basement, the total functional space is flexible. The main living area is compact compared to many homes in the area, so suitability depends on layout efficiency and how the basement is finished. It may work well for a young family or those comfortable with multi-level living.
3. What are the implications of having no garage?
This is a significant consideration for vehicle storage, security, and additional storage needs. Buyers should factor in the cost and feasibility of adding a garage or using alternative storage solutions, as most nearby properties likely have one.
4. How does the lot size benefit me?
At nearly 4,500 sqft, the lot is larger than half on the street, offering good outdoor space for gardening, play, or entertaining—a valuable asset in newer subdivisions where lots can be smaller.
5. The home is newer, but what about future maintenance?
Built in 2013, major components like the roof, furnace, and windows are likely still in good condition but will be approaching key inspection points in the coming years. A pre-purchase inspection is advised to anticipate medium-term maintenance schedules.
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