23 Timbercrest Court

Bridgwater Lakes, Winnipeg

Property score

89.9

Excellent

Overall 89.9 · Larger than most nearby homes

2,372 sqft (top 20%) · Built in 2013 (2 yrs older than avg)

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

Transit 76.0 · 7-min walk to transit with 4 nearby routes · Within 500m: 1 park nearby

Living Area

Above average

18% larger 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)

Sold Count

738

Median price

647.5k

$/sqft

$319/sqft

Avg build year

2015

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Property score

89.9 is composed by the two sections below.

Property Score

94.9Excellent
Living Area2,372 sqft96Excellent
Year Built201394Excellent
Lot Size10,072 sqft97Excellent
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
2,372 sqft
0255075100
Same streetTop 17%Same areaTop 20%CitywideTop 4%
Same street · Timbercrest Court
#2 / 12
Top 17% · Avg 1,993 sqft
Same area · Bridgwater Lakes
#243 / 1,191
Top 20% · Avg 2,018 sqft
Citywide · Winnipeg
#7,815 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
715k
0255075100
Same streetTop 17%Same areaTop 24%CitywideTop 4%
Same street · Timbercrest Court
#2 / 12
Top 17% · Avg 641.1k
Same area · Bridgwater Lakes
#281 / 1,191
Top 24% · Avg 688.3k
Citywide · Winnipeg
#6,854 / 194,458
Top 4% · Avg 390.1k

Year Built

above average
2013
0255075100
Same streetBottom 25%Same areaBottom 33%CitywideTop 9%

Lot Size

above average
10,072 sqft
0255075100
Same streetTop 17%Same areaTop 10%CitywideTop 6%

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

23 Timbercrest Court — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 445 m).

Search radius
🌳Parks1

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 7/2021CA$650k–700k
Sold price

Same street

Top 33%

Same area

Top 28%

City-wide

Top 5%

Related homes

Highlights & common questions: 23 Timbercrest Court, Winnipeg

Property Summary: 23 Timbercrest Court, Bridgwater Lakes

Key Characteristics & Appeal

This well-situated two-storey home in the popular Bridgwater Lakes neighbourhood offers a compelling blend of space, modernity, and established value. Built in 2013, it sits on a notably large lot (over 10,000 sq ft) that ranks in the top tier for its street and area, providing ample outdoor potential. The 2,372 sq ft living area is spacious for the community, placing it comfortably above average. Key features include an attached garage and a renovated basement, adding valuable finished space.

The appeal lies in its strong positional metrics within a newer, sought-after suburb. It consistently ranks in the top quartile for lot size, living area, and assessed value not just on its street, but across Winnipeg, suggesting a property that stands out in its category. The 2021 sale price of $650k, combined with a current assessed value that ranks in the top 3% citywide, indicates a history of solid value retention. This home suits buyers looking for a move-in ready, spacious family home in a modern community without being on the very newest edge of development. It’s ideal for those who prioritize a larger yard and above-average interior space, and who appreciate a property with performance metrics that consistently outperform its peers.

Frequently Asked Questions

1. How does the lot size compare to typical properties in Winnipeg?
The 10,072 sq ft lot is exceptionally large, ranking better than 94% of all properties in Winnipeg. This is a significant feature, especially in a newer neighbourhood where lot sizes are often smaller.

2. The home was last sold in 2021. What does the price history suggest?
The $650k sale in mid-2021 occurred during a peak market period. Its current high assessed value ranking suggests the property has maintained a strong value baseline since that time, which can be a positive indicator of stability.

3. Is the 2013 build year considered old for this area?
Bridgwater Lakes is a relatively new community. While the home is not brand new, its 2013 construction means major components are still within their typical lifespan, and the neighbourhood itself is well-established with mature amenities. It ranks as newer than 90% of homes in Winnipeg.

4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent. This should be a key point of inquiry to understand the finish quality, layout, and whether it includes permits or additional bedrooms.

5. How does this property rank within its immediate street?
It ranks highly on its own cul-de-sac (Timbercrest Court), placing in the top 17% for lot size, living area, and assessed value among its 12 direct neighbours, indicating it is one of the more substantial homes on the block.

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